Can you put your investment motto in one sentence when you enter the cryptocurre - page 3.

enhu

legendary

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Quote from: ChrisPop on January 18, 2021, 12:25:35 PM

As in every market my philosophy is: buy low, sell high - keep the emotions away - practice sound risk management.
If you have these three you're in the right mindset. If you're feeling anxious, greedy, depressed or any kind of extreme emotion - leave and come back tomorrow.

This is probably the right mindset we should have as long term investor, its always going to be buy low sell high. Doing it can be a lot harder when one can't controll emotions and it could take over when the market changes drastically.

Because it often happen to me like deciding to sell abruptly, I tend not to watch the markets of the coins I intend to hold for long term particularly the ones I have been staking.

istiak2277

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KUWA.ai

Quote from: Adamini on January 17, 2021, 10:12:53 PM

No matter how the currency market goes up or down, we always have a dim idea in our mind. Maybe, it is the idea that supports us. Now, it is time to clarify the idea and share it with the public.

I do not think we need a motto when entering the market. But I have one single rules that I always try to follow when investing in crypto. Never put all the money in a single project and do not love any single project. I think we are here to make money so very addicted to one single project could risk our portfolio heavily.

ChrisPop

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Not your Keys, Not your Bitcoins

As in every market my philosophy is: buy low, sell high - keep the emotions away - practice sound risk management.
If you have these three you're in the right mindset. If you're feeling anxious, greedy, depressed or any kind of extreme emotion - leave and come back tomorrow.

Sterbens

sr. member

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Duelbits.com

investment motto? I don't have it specifically, move and take advantage based on that second. the important thing is that you don't get caught easily by the conversation of traps who change your principles when entering the market.

Gozie51

hero member

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Leading Crypto Sports Betting & Casino Platform

Experience has brought the knowledge of "watch your back". In all I do, it is in my mind to always check behind. Checking behind is not really about the secret things that you don't want others to know but whether you are doing the right thing. Example, if you borrow money to buy a coin, I don't see that as a right decision because your debtor can come knocking anytime and the investment maybe going south in bear by the time.

bassbity

sr. member

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if in one sentence then I just simply say "calm". My reason is that often we cannot control our emotions when we enter the market, ambition with big profits is already a picture in our minds. and in the end it is often out of control and it will have a profound impact on the psyche. trading requires persistence and calm in analyzing every movement, not careless in making decisions and doing some analysis according to our knowledge.
Especially when we see market movements that are bearish, we always experience panic, yes, panic according to each version. so it is very appropriate that calm will be a solution to minimize panic. Wink

aoluain

legendary

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Dont worry about the journey, Keep looking at the horizon

philipma1957

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'The right to privacy matters'

Don’t be stupid cheap.

a variation on pennywise pound foolish.

Obito

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Quote from: Adamini on January 17, 2021, 10:14:19 PM

Don't talk about feelings with any currency!

This is just an iteration of the saying about not mixing business with relationship. I do not have one because one motto seems to not fit into any situation. I will try to put one that I think is the best.
"There is a fine line between patience and safe play." It is an iteration of the saying "There is a fine line between bravery and stupidity".

Adamini

newbie

Activity: 28

Merit: 0

Don't talk about feelings with any currency!

Adamini

newbie

Activity: 28

Merit: 0

No matter how the currency market goes up or down, we always have a dim idea in our mind. Maybe, it is the idea that supports us. Now, it is time to clarify the idea and share it with the public.

Topic: Can you put your investment motto in one sentence when you enter the cryptocurre - page 3. (Read 442 times)