Be a wise investor - page 3. | Bitcointalksearch.org

Chainsmokers

sr. member

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Quote from: Anthony_4 on February 11, 2022, 02:47:54 AM

Be smart and always take advantage of any project that brings you profit, do not stare at your wallet and say "I'm going to be rich in 3 years later," this is a 1 percent out of 100 percent chance that it will ever happen, remember, being rich isn't the most important part of our lives but living is, and remember, being rich isn't the most important part of our lives but living is.

that's right, especially when we trade in the crypto world, we also have to do things like that, be wise in trading,
because that nature will keep us from losing, and one more thing that is very important when trading, don't be selfish and Don't be greedy,
make sure that trait disappears from us, then trading will be convenient.

Dr.Osh

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PredX - AI-Powered Prediction Market

Quote from: trendcoin on August 02, 2022, 12:28:30 AM

I don't consider myself a very smart investor because I've never been able to be a long-term investor. I made good money in the crypto market. I managed to make myself happy. But I don't know if it was worth the effort and time. Just holding solid cryptocurrencies like Bitcoin and Ethereum would also make me happy enough.

well, sometimes when we like something and get used to it, then subconsciously we will be really wise in doing it, even in making investments. well, many people are not aware of such policies, and naturally do so. however, what is standard in investing is knowing what we are investing in. doing research will make us wiser in making decisions to invest. a lot of people out there don't do that, and get a huge loss, so they blame someone else. we don't need to be aware to be wise or not, but before investing, you know about the investment.

RussianEnglishTranslation

jr. member

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Quote from: raidarksword on August 02, 2022, 02:05:01 AM

One thing I learned from this industry that always take profit no matter what and don't patronize project to much because when we do it will only hurt us when bearish market hits. It is okay to take profit and that's the best plan to make money in this industry. As investor, always invest only extra money and that can afford to lose anytime it's because market is very volatile that no one can actually predict what's gonna happen tomorrow.

One strategy I use is to stake my cryptos, NEAR and ICP for example, then sell the staking rewards for cash or more crypto. This way I never lose my initial investment.

Wong Gendheng

sr. member

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To be successful in becoming an investor, of course we need experience, when we are new to Cryptocurrencies, I suggest for investing altcoins who have a strong reputation such as BNB, XRP, ETH or others, and the next thing is to continue to do the coin analysis that we will buy, and of course Wise is an important attitude to become a successful investor.

evichi

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To be a wise investor requires following important investment principles to ensure the investor is safe and, therefore, can carry out his normal life whatever is the outcome of the investment. There are many investment practices that are important which includes: (a) Invest only the amount of money/crypto asset you can afford to loose. This means if you loose the money, you can still continue to live normally without financial issues. (b) If the amount is substantial, don't invest in only one platform, that is to say - don't put all your eggs in one basket. (c) One of the most important - conduct a proper research, check personalities involved, etc. I think, these principles' will make one a wise investor.

lixer

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Quote from: Tony116 on August 02, 2022, 04:33:31 AM

Quote from: Lubang Bawah on August 02, 2022, 02:47:44 AM

When we enter Cryptocurrencies, the important thing is to be ready with risks, many people are too ambition to profit so that they sell anything, but when they see the facts of the price down then they panic and immediately sell at a low price or loss, this is a mistake, and as an investor thing The most important thing when seeing the red market is patient.

Greed is our biggest enemy in this market, if everyone can control greed then I believe many people will become billionaires from crypto industry. With just controlling our emotions and being patient, we can very easily make a profit in the market, but unfortunately, very few people do this.

From the famous words of Gordon Gekko, greed is good. It just depends on how you channel it. For example, in that sense we had a lot of assistant managers who spent a lot of money on personal corporate card, all the messaging between them cost the company money, here it is "wise" investor who would be greedy but in the right way. So if you could keep doing that, I would believe that you could keep doing even more.

This is a very vital part of crypto where you do not get "greedy" by making idiotic moves, it just doesn't make sense, but if you end up making a smart move like buying bitcoin and waiting then you could actually make a good profit from it.

RussiaUkraineTranslation

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Quote from: Anthony_4 on February 11, 2022, 02:47:54 AM

Be smart and always take advantage of any project that brings you profit, do not stare at your wallet and say "I'm going to be rich in 3 years later," this is a 1 percent out of 100 percent chance that it will ever happen, remember, being rich isn't the most important part of our lives but living is, and remember, being rich isn't the most important part of our lives but living is.

I have a contrarian view. I think that 80% of us will become rich because we are early investors/adopters. If you invested in companies during the early phases of the internet, you would have become rich too. As long as you don't invest in pets.com/doge, and buy projects with real world utility: XRP and MAXX finance, you will do well.

Tony116

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casinosblockchain.io

Quote from: raidarksword on August 02, 2022, 02:05:01 AM

One thing I learned from this industry that always take profit no matter what and don't patronize project to much because when we do it will only hurt us when bearish market hits. It is okay to take profit and that's the best plan to make money in this industry. As investor, always invest only extra money and that can afford to lose anytime it's because market is very volatile that no one can actually predict what's gonna happen tomorrow.

It was a right decision, even though we might lose some profit if we can't sell it at the top but we won't lose all if it drops quickly. The market is very unpredictable, sell when profitable and buy back if possible, no need to be too greedy.

Quote from: Lubang Bawah on August 02, 2022, 02:47:44 AM

When we enter Cryptocurrencies, the important thing is to be ready with risks, many people are too ambition to profit so that they sell anything, but when they see the facts of the price down then they panic and immediately sell at a low price or loss, this is a mistake, and as an investor thing The most important thing when seeing the red market is patient.

Greed is our biggest enemy in this market, if everyone can control greed then I believe many people will become billionaires from crypto industry. With just controlling our emotions and being patient, we can very easily make a profit in the market, but unfortunately, very few people do this.

Lubang Bawah

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When we enter Cryptocurrencies, the important thing is to be ready with risks, many people are too ambition to profit so that they sell anything, but when they see the facts of the price down then they panic and immediately sell at a low price or loss, this is a mistake, and as an investor thing The most important thing when seeing the red market is patient.

raidarksword

member

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One thing I learned from this industry that always take profit no matter what and don't patronize project to much because when we do it will only hurt us when bearish market hits. It is okay to take profit and that's the best plan to make money in this industry. As investor, always invest only extra money and that can afford to lose anytime it's because market is very volatile that no one can actually predict what's gonna happen tomorrow.

bigjuk

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Quote from: Anthony_4 on February 11, 2022, 02:47:54 AM

Be smart and always take advantage of any project that brings you profit, do not stare at your wallet and say "I'm going to be rich in 3 years later," this is a 1 percent out of 100 percent chance that it will ever happen, remember, being rich isn't the most important part of our lives but living is, and remember, being rich isn't the most important part of our lives but living is.

Everyone expects wealth from their investments, regardless of imagination, in general there is hope even if fate says otherwise, I have noticed a good way of investing in crypto, actually not much to do, just some patience and use cold money, consider crypto investment as savings, so you are not too imaginative to get rich 1-2 years.

trendcoin

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casinosblockchain.io

Quote from: Anthony_4 on February 11, 2022, 02:47:54 AM

...

I don't consider myself a very smart investor because I've never been able to be a long-term investor. I made good money in the crypto market. I managed to make myself happy. But I don't know if it was worth the effort and time. Just holding solid cryptocurrencies like Bitcoin and Ethereum would also make me happy enough.

hashrateproducts

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Active 24/7

Been wise in the space is all about strategy or mood towards a trade. A trader can hesitate to keep holding some coins that are dipping like the famously dump Luna which dumps heavily and making some people recording a big loss. The wise ones have already been out of it, because the crypto space have to do with getting the right information and it most be timely unlike getting it late which serves no use any longer. Before a market experience a dip, some traders have already gotten the news and converted their promising coins to stables coins until after the dip.

DER REICHTUM GRUPP

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Like it or not, it all comes down to one thing, before throwing in investments, you need to study the project to which it is attached as much as possible, its relevance in the cryptocurrency market. Taking profits on the pump or leading it all the way to the end depends on the opportunities, there is money and I am confident in the project (which he is in demand as btc) threw it away and returned to it after a year or two, but this option can also disappoint. Well, if you decide to participate in the "races" ... The main problem in this business is greed. It does not allow you to think rationally and skim the cream on the rise when it is already profitable. If you solve this problem, you will forget about disappointments when you wanted to withdraw profits at the peak, and the coin just started to decline

Pamadar

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Quote from: strunberg on July 29, 2022, 05:42:53 PM

Quote from: Anonylz on July 29, 2022, 01:48:44 PM

Yeah, there is nothing wrong with taking a profit when the market is at its peak, this is something that varies for individuals, some people don't want to take a profit until the price reaches their target, and others do so when there is a reasonable rise in price.
From my little experience as an investor in this space for some time now, it is best to take profit, especially during the peak period of a bull run, once that period ends and the bear market comes in, you will be filled with regret for not making the move when you had the opportunity.

greedy could make our profits become loss, some traders or investors didnt understand how to exit from market and when it reach peak they still hold it. knowledge in entry or exit position was an obligation for each traders or investors and also set target how profit our position will closed. i have bad experience about it so now i am always set target although in several stage.

Indeed, having a good understanding of how the market works will give you a better view to decide whether to keep

on holding or you already needed to sell your assets, both pump and dump always have a good timing. Being wise means that
you have good knowledge from what you are doing.

It will guide you to earn decent profits when you are into this kind of investment. Always put more time in doing your research
before diving into any types of investment.

dlightag

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That is the most problem to up coming investors are facing, i was once a victim of that during the last bull run, which many alt-coin are on green candles growing, but at the end many some of the coins are no where to be find, Therefore, before investing always make a research about the coin and also check the entry point that is very import, before investing.

Hyphen(-)

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Quote from: Anthony_4 on February 11, 2022, 02:47:54 AM

Be smart and always take advantage of any project that brings you profit, do not stare at your wallet and say "I'm going to be rich in 3 years later," this is a 1 percent out of 100 percent chance that it will ever happen, remember, being rich isn't the most important part of our lives but living is, and remember, being rich isn't the most important part of our lives but living is.

To some extent, you have to take a very big risk to get what you want, but you can at least be patient and monitor the project to make more money. However, you may lose everything if you keep or delay yourself. The main goal is to achieve or attain your goal, so take the risk and you will be rewarded.

Paul Pogba

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Sometimes we are too ambitious to get big profits so we often forget to analyze, remember that sometimes the market can drop or coins that we think are currently good and enter the top ranking can be abandoned by investors so that their value drops, like the LUNA case which makes many people stressed and depressed because it only took 3 days to drop from $80 to below zero.

strunberg

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#SWGT PRE-SALE IS LIVE

Quote from: Anonylz on July 29, 2022, 01:48:44 PM

Yeah, there is nothing wrong with taking a profit when the market is at its peak, this is something that varies for individuals, some people don't want to take a profit until the price reaches their target, and others do so when there is a reasonable rise in price.
From my little experience as an investor in this space for some time now, it is best to take profit, especially during the peak period of a bull run, once that period ends and the bear market comes in, you will be filled with regret for not making the move when you had the opportunity.

greedy could make our profits become loss, some traders or investors didnt understand how to exit from market and when it reach peak they still hold it. knowledge in entry or exit position was an obligation for each traders or investors and also set target how profit our position will closed. i have bad experience about it so now i am always set target although in several stage.

Joca97

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The Best Tipster on the Forum!!

The best thing when investing is to do your research right once you have a couple of coins you think are good split your bankroll and just forget for the next few years on those coins and for sure there will be huge profits. Best options are for sure btc and eth

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