Be a wise investor - page 7. | Bitcointalksearch.org

South Park

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I am terrible at Fantasy Football!!!

Quote from: ven7net on November 07, 2020, 12:36:30 PM

Quote from: VDraci on October 27, 2020, 02:36:19 AM

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 are absolutely right, if you chase wealth and do not know how to make real profit in the process, you may not reach your goal. I have an acquaintance who dreamed of becoming a millionaire and saved up a lot of cryptocurrency for this, while he did not make a profit, but saved and saved everything until after 2017 the crypto market went down. As a result, instead of the profit received, it was left with a large amount of unclaimed cryptocurrency. This is a lesson that you don't need to chase after wealth, but you need to be able to take profit now. I, in turn, knowing this rule, tried to take profit immediately and could improve my life by buying myself the necessary things. Live now, profit now.

This happens a lot, as we know it is important to know when to get in this market but just as important it is to know when it is time to get out, and the end of 2017 was a clear time to get out of the market and many did not and kept holding their coins while smart money got out, the result? Those people lost a fortune in the process and even if they held to this day they will still be far away from recovering their money, this is why it is important to have a full strategy that tells you not only when to get in but also when to get out of markets.

prince V

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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.

jademaxsuy

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Yes of course, if now bitcoin will going to have a bullrun this year then I can say that by the time that bitcoin market falls that would be the best time to invest in bitcoin. For now, it would be alright to invest considering that bitcoin market always goes up because more and more people will going to make use of bitcoin and that will determine the bitcoin market price in the future. Bitcoin can reach probably up to 50k$ in the future. Bitcoin is unpredictable so who knows it can really achieve that great.

lunnatic

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COMBONetwork

Being an investor must be wise, wise to maintain emotions, wise to maintain capital, and wise to analyze,
if you are not a wise investor then you will fail in the world of cryptocurrencies.

Davian144

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Quote from: ?? on ??

The good thing about the open-minded investor, you won't just follow one project until it ended up being dump by most of its investors. Rather you are open to any suggestion of any altcoins that you think have some chances to be the next top altcoins. On the other hand, people who haven't aware of the new tactics of fake projects often fallen into their traps.

That's right, many people are trapped by fake new project tactics so they get caught in it, because fake projects often throw away tokens when everything is over and things like this are often not realized by some people including investors too.

Reatim

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Eloncoin.org - Mars, here we come!

Quote from: Baimovic on November 09, 2020, 08:27:40 AM

greed and tempted by high investment returns. This is one of the reasons why it is easy for people to get scamed or lose money quickly. especially for new investors who just think that crypto is one way to get rich overnight. but in fact it is not as easy or as they think. investing is taking risks, so always consider all the decisions you want to make in this industry.

Actually the main problem here is that we are lack of spreading news and advises for people who might enter this and also those people that we encouraged or teach about what bitcoin and what cryptocurrency is all about,.
they mostly misinterpret the situation and the momentum they see whenever there isa big profit offered to them.
and in the end is what they earn is Hate and blaming for cryptocurrency market.

Baimovic

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greed and tempted by high investment returns. This is one of the reasons why it is easy for people to get scamed or lose money quickly. especially for new investors who just think that crypto is one way to get rich overnight. but in fact it is not as easy or as they think. investing is taking risks, so always consider all the decisions you want to make in this industry.

Onuohakk

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The crypto market is unpredictable. You never can tell what the future holds for altcoin you have in your portfolio.
Trade some part of the altcoins and hodl some. You never can tell what that altcoin you hodl will yield tomorrow.
Patience is the key to crypto. Financial freedom can come from the less expected coin

tarable

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Quote from: aysha9853 on November 08, 2020, 10:25:29 PM

I agree, being an investor is not only at one point, I always follow the current crypto trend, for example the one currently having a fever is defi, I always take the opportunity, even though bad things can happen, but if it doesn't follow the crypto trend and taking advantage of it, I feel like I'm not an investor

Your feelings are extraordinary, and what you have been doing at this point is the best because there are still many people who don't take advantage of DeFi at this time because they also consider a big risk when bad things happen suddenly to DeFi.

santouao

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I totally agree because in order to succeed in crypto as an investor you must be more eager to learn before you earn. And basically before investing huge in trading be a wise investor that needs to properly learn technically analyzing how to understand its whitepaper. So before you decide to invest in any projects it's best to study it more.

aysha9853

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I agree, being an investor is not only at one point, I always follow the current crypto trend, for example the one currently having a fever is defi, I always take the opportunity, even though bad things can happen, but if it doesn't follow the crypto trend and taking advantage of it, I feel like I'm not an investor

abel1337

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Quote from: BITCOIN4X on November 08, 2020, 02:43:15 PM

Quote from: kpierce77 on November 08, 2020, 11:27:00 AM

Rushing is not a good thing in investing. the key is momentum, how we can control ourselves and refrain from waiting for the right time where we can get the profit we want.

Investment must be made very carefully and with full consideration. It is not advisable to rush investing without the slightest consideration. This can be self-defeating because we may not be able to achieve the expected target of what was invested.

Quote from: kpierce77 on November 08, 2020, 11:27:00 AM

Doesn't have to be too fast or too long, the important thing is to be on time

This is one reason why we don't need to rush to determine the asset we want to invest in, especially in altcoin. Buying at the right time is an attempt to maximize your return for investment.

And it is not advisable to invest without researching the whole thing, it will only result to losses. We need proper knowledge in order for us to trade without losses our to trade without bigger losses, we need to take a risk. In order for us not to lose more money we should know and learn how to invest money, how to make it grow, how to read charts and signals. This is the biggest failure of an investor, they are rushing to many things they want to earn instantly without prior experience and research.

BITCOIN4X

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Quote from: kpierce77 on November 08, 2020, 11:27:00 AM

Rushing is not a good thing in investing. the key is momentum, how we can control ourselves and refrain from waiting for the right time where we can get the profit we want.

Investment must be made very carefully and with full consideration. It is not advisable to rush investing without the slightest consideration. This can be self-defeating because we may not be able to achieve the expected target of what was invested.

Quote from: kpierce77 on November 08, 2020, 11:27:00 AM

Doesn't have to be too fast or too long, the important thing is to be on time

This is one reason why we don't need to rush to determine the asset we want to invest in, especially in altcoin. Buying at the right time is an attempt to maximize your return for investment.

sapnu

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Quote from: luckyflop on November 08, 2020, 09:25:44 AM

be a wise investor only happen with so many tries and failures, even big investors do mistakes but they know they can make it up and know how to move on, there are so many books about trading and investing but still, nothing would replace experience , and an experienced investor has lost so much money to be expert, everything has a price and nature doesn't give it to you until you pay the price for it, so if you think you can tolerate losses and heavy losses then you should be good, profit comes with risk and you can only expect big profit where there is a big risk...

Absolutely, in life, you are not always winning sometimes you fail but that doesn't you are a failure because more failure you've experienced the more knowledge that you can gain. But it is better for you to be intelligent of what you are doing especially when you are invwsting because your money is involved, so to avoid failure you need to study and understand what you need to understand.

kpierce77

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Quote from: Lantind on November 08, 2020, 10:59:32 AM

Quote from: Kezacky on November 07, 2020, 01:39:41 PM

yes, I agree with your point. be a wise investor and always consider hundreds of times before investing in crypto. It is true that investing is one of the best options to earn but as you can see a lot of scam and annoying projects are around right now that you will actually be doing a good search.

Yes, and all investors who are experienced in crypto, of course, always carry out several analyzes and searches for several projects in order to find a good project, because those who already have a lot of experience will obviously not be in a rush to make decisions to invest.

Rushing is not a good thing in investing. the key is momentum, how we can control ourselves and refrain from waiting for the right time where we can get the profit we want. Doesn't have to be too fast or too long, the important thing is to be on time

globalpain

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The OGz Club

Quote from: poodle63 on November 08, 2020, 10:28:00 AM

True though sometimes people chasing after wealth so hard they forgot the purpose of their life. It usually happened to the people who lives in a big city and people who are really consumtive. As I've seen out there some people really eager to invest for the sole purpose of making quick money while that's not the point of investing.

investing in crypto currencies can indeed provide quick profits, but the risks that must be faced are also greater,
considering that cryptocurrencies are very vulnerable to pump and dump, old investors will be very familiar with crypto currencies,
but for new investors you have to be aware of the market.

Lantind

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Quote from: Kezacky on November 07, 2020, 01:39:41 PM

yes, I agree with your point. be a wise investor and always consider hundreds of times before investing in crypto. It is true that investing is one of the best options to earn but as you can see a lot of scam and annoying projects are around right now that you will actually be doing a good search.

Yes, and all investors who are experienced in crypto, of course, always carry out several analyzes and searches for several projects in order to find a good project, because those who already have a lot of experience will obviously not be in a rush to make decisions to invest.

poodle63

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True though sometimes people chasing after wealth so hard they forgot the purpose of their life. It usually happened to the people who lives in a big city and people who are really consumtive. As I've seen out there some people really eager to invest for the sole purpose of making quick money while that's not the point of investing.

luckyflop

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be a wise investor only happen with so many tries and failures, even big investors do mistakes but they know they can make it up and know how to move on, there are so many books about trading and investing but still, nothing would replace experience , and an experienced investor has lost so much money to be expert, everything has a price and nature doesn't give it to you until you pay the price for it, so if you think you can tolerate losses and heavy losses then you should be good, profit comes with risk and you can only expect big profit where there is a big risk...

JRoa

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There are two types of investors, first is the investor that are wise who continuing to make gain in the market and the other type of investor who are not good because he keep being deceiving by a lot of scammers. Most of the profitable investors have good background wherein they able to feel the learning process and they have enough skill to know if a certain investment can give him/her huge return or not. If you want to become a the first type of investor then it is really good to study first before putting real money in investments.

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