Be careful in making hasty decisions

ylnar123

member

Activity: 350

Merit: 10

Quote from: Ini35 on September 21, 2018, 12:50:35 PM

Making random decision in the crypto world might lead to mistake and make you to blame yourself. Whenever you are trading your coin, either you are an investor or a bounty hunter, there are two factors you should consider, which are time and money.
As an investor, consider the long wait you have had when you invested and consider the money you have spent. The same is also applicable to a bounty hunter, where time spent should not be wasted.
Do your analyses and be wise in trading, or else you would blame yourself.

Proper analysis on when and what to invest is the key to minimize the loss of your money. Yes, we are talking about money here in cryptocurrency, that's why we have to be very careful in every steps we take.

Maximal-Ether

member

Activity: 154

Merit: 10

Yes, I also always talk about this. That haste does not never lead to the right decision. But just the opposite, confusing. Therefore, in the crypto currency, it is very important to be collected. And never make decisions in a hurry.

justsimpleram

jr. member

Activity: 462

Merit: 1

I'm very hasty to my decision lately I keep selling my coins/tokens then after a week or months the price of it will go pump so high then I can't go buy back because of the pump. And I buy tokens/coins all at once this is wrong because when I buy all using my funds after a week the price of the tokens/coins are going down I want to buy more but I can't because I buy it all.

Grim149x

full member

Activity: 854

Merit: 100

Indeed, hasty decisions often lead to such things as FOMO or fear of missing out. I think that we must be calm and composed and be very logical when making a trading and investing decision.

ElnurBash

jr. member

Activity: 224

Merit: 4

Quote from: Ini35 on September 21, 2018, 12:50:35 PM

Making random decision in the crypto world might lead to mistake and make you to blame yourself. Whenever you are trading your coin, either you are an investor or a bounty hunter, there are two factors you should consider, which are time and money.
As an investor, consider the long wait you have had when you invested and consider the money you have spent. The same is also applicable to a bounty hunter, where time spent should not be wasted.
Do your analyses and be wise in trading, or else you would blame yourself.

i usually do not make that kind of decisions and though sometimes it is better to decide quick i prefer to think for awhile

lifesgood10

member

Activity: 378

Merit: 13

Naturally the crypto currency world is a good place and a very complicated environment
Hasty decision made by individuals will send you straight to the village (bankruptcy)
Don’t follow people’s opinions
Follow your own work ( do your own research ) and you won’t have anything to fear in crypto currency

Inastran

jr. member

Activity: 224

Merit: 2

Data✘chain | Blockchain Based Decentralized

Quote from: Ini35 on September 21, 2018, 12:50:35 PM

Making random decision in the crypto world might lead to mistake and make you to blame yourself. Whenever you are trading your coin, either you are an investor or a bounty hunter, there are two factors you should consider, which are time and money.
As an investor, consider the long wait you have had when you invested and consider the money you have spent. The same is also applicable to a bounty hunter, where time spent should not be wasted.
Do your analyses and be wise in trading, or else you would blame yourself.

that all is truw but the thing is that even with perfect done analysis you can end up in a very bad sitution in the crypricurrency world

qazgroup

member

Activity: 1022

Merit: 20

RiveMont

I support your point but i think mostly it is out of our control as it is open market, i have personally faced situations where i thought that peak has formed and sold the coins and then after few days the same coin gre 5 to 10x more, same is the case with bottoms, it has happened many times that i purchased some coins thinking that im buying from the ultimate bottom but the trend continued and prices reach even lower multifold from my entry, i think somewhat technical analysis do work but mostly market is a very complex and unpredictable.

Dblue

newbie

Activity: 130

Merit: 0

This is very correct. Crypto is not one thing that you just go about making decisions. You might have to critically analyse everything, and go through it again to be sure that you are on the right track, cos a little mistake might cost you a lot of money, and I'm very certain nobody wants that. This is why you have to be careful with your decisions.

Ini35

member

Activity: 448

Merit: 12

Making random decision in the crypto world might lead to mistake and make you to blame yourself. Whenever you are trading your coin, either you are an investor or a bounty hunter, there are two factors you should consider, which are time and money.
As an investor, consider the long wait you have had when you invested and consider the money you have spent. The same is also applicable to a bounty hunter, where time spent should not be wasted.
Do your analyses and be wise in trading, or else you would blame yourself.

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