Topic: Don't bite more than you can chew - page 12. (Read 10980 times)
In this market, I would not sell anything
Right. I agree with your opinion. Perhaps the hardest thing in the crypto market is the ability to control greed. Greed itself causes so many consequences for us, both traders and bounty hunters.
Previously, there was such a trend when people could sell all their property and invest in the cryptocurrency market because they hoped for a quick enrichment, but the realization that they could lose all the money led to the fact that in a short time these people lost everything 
This is called gambling addiction. 
this is called gambling addiction
Being greedy is part of human nature that's why when they do saw or believe something that can make them rich then they do tend out to go all in without thinking twice.
when moment to buy?
Just Hold, friends
Waiting for BTC with 1k price
We lost a lot on altcoins this year
This is applicable to everyone in the crypto space, not to attempt to do more than they are capable of doing.
- For crypto traders, miners and investors, invest only what you can afford to loose. Do not invest all your money into crypto, believing that you will wake up one day to get a multiplier factor on your profit. It is either you have profit or loss.
- For bounty, participate in projects you can finish at a time. If you combine too many projects together, you might end up not getting anything reasonable from all the projects. I wonder some times when i see spreadsheets where some have 0 stake almost all through.
- For crypto traders, miners and investors, invest only what you can afford to loose. Do not invest all your money into crypto, believing that you will wake up one day to get a multiplier factor on your profit. It is either you have profit or loss.
- For bounty, participate in projects you can finish at a time. If you combine too many projects together, you might end up not getting anything reasonable from all the projects. I wonder some times when i see spreadsheets where some have 0 stake almost all through.
I agree with point 1. Never go investing in something with money you don't have and with money you're not prepared to lose. If you do, you'll end up crying your heart out. Believe me, I have been in that situation and it sucked big time. As a bounty hunter, stick to a single bounty you can dedicate your time to finish.
Yes, these rules are true! And the first I would generally refer to the golden rules of investing! The cryptocurrency market is very volatile and I would attribute such investments to investments with increased risk!
In this market, I would not sell anything
Previously, there was such a trend when people could sell all their property and invest in the cryptocurrency market because they hoped for a quick enrichment, but the realization that they could lose all the money led to the fact that in a short time these people lost everything
This is called gambling addiction. A very correct phrase that today shows exactly what people very often try to take for themselves a lot, because this is the so-called greed of people, this is a permanent and not exhaustive process in a person, he will always be.
yes, this is a human nature that is difficult to eliminate where humans will never be satisfied with what they have so risk everything to get more and eventually backfire for themselves.
A very correct phrase that today shows exactly what people very often try to take for themselves a lot, because this is the so-called greed of people, this is a permanent and not exhaustive process in a person, he will always be.
Previously, there was such a trend when people could sell all their property and invest in the cryptocurrency market because they hoped for a quick enrichment, but the realization that they could lose all the money led to the fact that in a short time these people lost everything
This rule applies not only to cryptocurrency, but also in any business. Do only what you can do. And when you invest in cryptocurrency, be prepared to lose your money. Get over it. Then you can soberly assess the situation, without excitement.
when moment to buy?
Great advise for the newbies. I am using this rule, when I am investing in altcoins on this market. Always using the funds diversification and trying to sell them when they show 30-40 percent profit. It is more than enough on the falling market.
Good point, but driven by our inner willingness to get more we forget about this. You won't earn it all, and you might choke while chewing. Over valuating is an advancers mistake. Stay advanced yet optimized
The best option is to make money on bounty and increase trading on the market, but unfortunately now it is difficult both.
A reasonable advise any good trader or investor would buy into invest what you can lose and not what would be of great effect if you lose them tomorrow. who ever would want to be successful should buy into this idea or advise
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