Crypto Best Rules | Bitcointalksearch.org

syaripudin

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Quote from: Crypto Debate on June 05, 2018, 03:45:22 PM

Crypto Best Rules
#Patience is the key to success👌
#Never be panic ,never sell in loss if coin be already dump
#Always wait for right time to buy.
#Sell when you feel good.
#Don't fall in love with one coin.
#Never invest all amount in one coin.
#Don't worry and cry if market will be sudden dump due to bad news.
#Don't enter in the peak value of coin if you have no idea about the achieved target.
#Don't forget stop-loss on support if coin has multiple supports.
#Don't invest in dead coin.🚫
#Trade at your own risk.⚠️

Best of luck.

all you say I think it's such a must-have strategy for everyone who will be involved in any investment or trading activity in the crypto world. but sometimes all the theories you mention will be very difficult to practice because there is no patience that everyone who joins the crypto world is actually a very basic thing that must be owned for everyone who will perform activities in the world of crypto.

sckhaaz1194

newbie

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What an advice! This is cool and could be helpful, I would like to be a part of this

luthvie

jr. member

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your opinion was a like word from the expert from crypto although your rank is still jr, member, but thanks for your kindly word, it could be help the other for facing the bad market.

HudiBaba@06

newbie

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My three golden rules in Cryptocurrency
1. Invest only when you gain certain knowledge about the particular cryptocurrency and check its potential in the market.
2. Hold for long to get good profits and spread the profits.
3. Have faith in what you are investing. Blind investment can drag you down. Cross check twice before investing.

thepo1m

hero member

Activity: 658

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I like most of your point but these are the salient points I picked up in the list, never fall in love with one coin, I become a victim of this, being emotionally attached to some projects and I end up losing alot of money, second that I liked is not to invest all into one project, this is what I learned recently, never to chase the price because market moves in cycle

krassy

member

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These are the best rules for crypto users! Thanks for putting them together in one place. It's like the Bible for cryptoworld))) Really good best rules!

Cmoh

full member

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These rules are really very true but in practical life maintain this when actually in loss can't stop you do the wrong step. I also have some coin and keep my patients from more than 1 and half year but some the coin still not increase in value but decreasing day by day. If you are any suggestion of right coin then say here.

Pumuckel21

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Empowering crypto w/ sustainable energy

one of the best and most important rules is that you dont get into fomo which means that are afraid of missing out some gains and jump into an coin too fast before even reading about it in the forum

lmodric

newbie

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I add another one that is not easy to give up and keep learning because no one is shrewd in trading.

ivlvov

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Quote from: Crypto Debate on June 05, 2018, 03:45:22 PM

Crypto Best Rules
#Patience is the key to success👌
#Never be panic ,never sell in loss if coin be already dump
#Always wait for right time to buy.
#Sell when you feel good.
#Don't fall in love with one coin.
#Never invest all amount in one coin.
#Don't worry and cry if market will be sudden dump due to bad news.
#Don't enter in the peak value of coin if you have no idea about the achieved target.
#Don't forget stop-loss on support if coin has multiple supports.
#Don't invest in dead coin.🚫
#Trade at your own risk.⚠️

Best of luck.

Yes, you really have listed the good rules that each successful investor and trader creeps into. It seems to me that the most important rules are patience and never panic. I always try to adhere to these rules.

Haunebu

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This is some good advice op. I am aware of most of those rules and I tend to follow them on a regular basis which helps me earn regular profits through the cryptocurrency market in an effective and efficient manner. Patience is truly one of the best virtues in this extremely volatile crypto market. Many people tend to run out of patience quickly when they don't earn what they expected and blame the market for their losses when they were fully aware of the risks involved. This is not a get rich quickly scheme where money falls into your hands overnight.

hcoin01

newbie

Activity: 135

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The crypto stock market is one of the world's fastest stock exchanges. It's easy to make money in the crypto world, but it's much easier to lose money.
If you want to earn money in the crypto market, you have to follow it on a daily basis. Do good research.

TheMeritedOne

newbie

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Nice list although may sound obvious most don't follow it

Andri ansah

newbie

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I think analyzing trade volume is the first step before investing in crypto, also focusing on price movements using a financial ratios known as Sharpe ratios that measure the potential return of assets based on volatility, in addition we should always update the information and also we should know the strategy both as entry points in crypto investment.

ohkkstaaahp

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Quote from: Kocret02 on June 06, 2018, 09:13:01 AM

I always apply in this self with a statement "do not give up, continue to be patient and live well to get the wealth from crypto" This is a requirement that must be met by many people when in the world of crypto.

Yes, with a resilient mind, dare to cope with arduous and challenging, learn more experience on you will succeed. In any business life in any field, patience is part of the success, they decide more than 50% in your win. So persevere and learn the experience you will soon win.

darmin

member

Activity: 532

Merit: 10

If you only tell it like this I think it is easy. but in fact, many investors still cannot fully be patient in holding their assets. most of them are still too freaked out so that in the end they weren't able to get the results from crypto.

Nivelir

full member

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Very coolly said, but I did not see the most important rule, there is no need to invest money that you are not ready to lose, because sooner or later you will still lose the money that you invested.

ZeidFreak

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Macho Gwapito ako!

Quote from: Crypto Debate on June 05, 2018, 03:45:22 PM

Crypto Best Rules
#Patience is the key to success👌
#Never be panic ,never sell in loss if coin be already dump
#Always wait for right time to buy.
#Sell when you feel good.
#Don't fall in love with one coin.
#Never invest all amount in one coin.
#Don't worry and cry if market will be sudden dump due to bad news.
#Don't enter in the peak value of coin if you have no idea about the achieved target.
#Don't forget stop-loss on support if coin has multiple supports.
#Don't invest in dead coin.🚫
#Trade at your own risk.⚠️

Best of luck.

This will apply to all crypto traders out there. We have a great accompany by people who cares us especially to those newbie. If we invested on crypto we must wait and patience pays off after this major bull run.

Kocret02

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I always apply in this self with a statement "do not give up, continue to be patient and live well to get the wealth from crypto" This is a requirement that must be met by many people when in the world of crypto.

patt0

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Betting Championship betking.io/sports-leaderboard

I guess that is good advice from a pure trading point of view, but I think you are missing a very important one that is study the project and the team that you want to invest in. This is not meant to be confused with falling win love with a coin, but if you know the project well enough, you will avoid selling or buying based on fud or fomo, because you can actually value your own investment based on the knowledge you have of those coins.

So I think you should add: "know what you are buying".

BitcoinHodler

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HODLing is an art, not just a word...

things such as "patience" and "never sell in loss" are the things that have always led to big losses by newbies. because they have no idea what to do in any market let alone this chaotic place.

things such as "stop loss" are created so that you don't fool yourself with those two that i mentioned above.

melted349

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Activity: 462

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Quote from: CTO@MyBitMine on June 06, 2018, 08:39:52 AM

Naaah, this simple rules only for newbies, I also can add some tips here for newcomers : 1)do not hold all of your money at one wallet or exchange , 2) invest only those money wich you dont affraid to lose because investment it's always risky.

Yes most of them are for beginner but it's for all that didn't know that strategy and also you have a point do not hold your all funds at one wallet or exchange because it's too risk that it may lose your assets. I add some like
1. Dont put your all eggs in one basket
2. Remember that crypto price are too volatile.

CTO@MyBitMine

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Activity: 796

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Naaah, this simple rules only for newbies, I also can add some tips here for newcomers : 1)do not hold all of your money at one wallet or exchange , 2) invest only those money wich you dont affraid to lose because investment it's always risky.

pidobir

full member

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The Protocol for the Audience Economy

Nice rules. I think for beginners the best rule is no panic. In the long run, any coins will cost more than now.

BIT WRLD

newbie

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Thank for providing this rules, this are helpful for new in this market

Encelad

full member

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It is unfortunate that many ignore these simple rules. I myself at the beginning of the journey, did not always do the right thing, and lost money. Now I try to approach trading on the stock exchange not as a game but as a work.

Milansilver7

newbie

Activity: 168

Merit: 0

Keywords, patience is the key to success, trying to stay calm and do not think badly and act recklessly, do not be greedy, believe in the choice of heart, do not give up, be consistent, keep looking for information, learn from mistakes, and do not get worse.

batang_bitcoin

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Quote from: valheru on June 05, 2018, 05:41:10 PM

Its easy to say but becoming difficult to do

thanks for the advice.

Well that's true but practicing it will make you better. I think of anything to add with the hashtags mentioned above. Grin

But I guess this will also fit.

Quote from: IrenNTA on June 05, 2018, 04:26:32 PM

always do your own research.

#Continuous research and learning is a must.
#Learn to make your own analysis.

valheru

full member

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Its easy to say but becoming difficult to do

thanks for the advice.

13ex07

member

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Thank you for +Merit

All the advice is good, reasonable and looks simple. However, it is extremely difficult to follow them. Grin

Xioma

newbie

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Quote from: bttmember on June 05, 2018, 04:53:04 PM

Nice basic rules, i think the best rule i have personally learnt is to never invest all the money in one coin, diversification is a great risk management that can help you loose money, even 1-2 projects in your portfolio is failed you still have others performing well, so diversifying in crypto is very important.

That also applies to finance and stocks in general i think - never put all your eggs in one basket.

bttmember

member

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AMEPAY

Nice basic rules, i think the best rule i have personally learnt is to never invest all the money in one coin, diversification is a great risk management that can help you loose money, even 1-2 projects in your portfolio is failed you still have others performing well, so diversifying in crypto is very important.

omfg.xekcep

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*** https://www.buying.com ***

I consider that much better investing instead of trading. We know a lot of successful investors as professionals as well as amateurs but we do not know so much successful traders usually they lose thier capital and become an analysts or teacher.
I would also add a crucial rule about risk I mean that risk is underlaying on each deal.

skelethon

newbie

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I think the golden rule or the rule of thumb when it comes to investing is :

"Don't invest any amount you're not willing to lose."

terrific

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#Don't listen to the FUD that cause panic selling.
#Never listen to someone that is shilling the coin you first time heard of it.

Quote from: Crypto Debate on June 05, 2018, 03:45:22 PM

#Don't fall in love with one coin.
#Never invest all amount in one coin.

You can't prove that it's not bad to invest with one coin if you'll never do it. Want to hear someone who invested with one coin only.
If there is then bitcoin is their only coin and I think that's enough to fall in love with one coin.

khendjer

member

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# Invest only the amount you are ready to lose
# Don't keep all your coins on exchange
# Always follow the latest crypto market news

IrenNTA

full member

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"One Token to Move Anything Anywhere"

Good advices, especially for those how use to panic with every dump. I would also like to add:
- Don't forget to take your profits and cash out some part of them.
- Sell when price is rising.
- Don't try to trade is your haven't studied the coin well.
- Don't trust anyone's opinion, always do your own research.
- And always remember about security, scams are everywhere!

Crypto Debate

newbie

Activity: 112

Merit: 0

Crypto Best Rules
#Patience is the key to success👌
#Never be panic ,never sell in loss if coin be already dump
#Always wait for right time to buy.
#Sell when you feel good.
#Don't fall in love with one coin.
#Never invest all amount in one coin.
#Don't worry and cry if market will be sudden dump due to bad news.
#Don't enter in the peak value of coin if you have no idea about the achieved target.
#Don't forget stop-loss on support if coin has multiple supports.
#Don't invest in dead coin.🚫
#Trade at your own risk.⚠️

Best of luck.

Topic: Crypto Best Rules (Read 227 times)