Topic: Don't bite more than you can chew - page 16. (Read 10980 times)
Yes, a very correct statement. You should always know what you're doing. Do not risk a significant part of the capital if it is not necessary.
Absolutely correct statement, not only for cryptocurrency investors, but for any currency investors in principle. You need to correctly allocate a percentage of their portfolio into investments.
Of course, in any investment, first of all, a sober assessment of the situation, market analysis and, of course, its real capabilities are important.
Thank you for your advice. Too greedy is always bad, as the saying goes, greed ends up with nothing. Besides, it doesn't matter how many bounties you join in, the quality is what matters.
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.
Yes, now many people are afraid to risk investing in new ICO and in the bounty you do not risk anything only your time .And how much to take to work bounty companies is up to you- 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.
Useful tips that should always be remembered. In the case of bounty campaigns, each participant has his own strategy, which brings him a profit, on this all depends on the choice of the project.
"You can not keep eggs in one basket." An ideal strategy for earning money in crypt is still not invented. Each participant comes to a reasonable distribution of his working time on the bounty and on the daily trail. I get to earn money if I spend 1-2 hours on the bounty and 2-6 hours for day trading.
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.
Yes, now many people are afraid to risk investing in new ICO and in the bounty you do not risk anything only your time .And how much to take to work bounty companies is up to you - 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.
Balance is the key to evetything, get your balance st least ninety nine percent of the time and you will surely function and live well. However, it is difficult to maintain this balance that is why is important that you strive everyday to do your best and develop successful habit!
You are right a lot of people especially those that are just coming into the crypto world and have heard so many stories of people making money from their cryptos that they bought often end up putting in more money than they can afford to part with thinking that cryptos will make them millionaires overnight. Everyone should only invest what they can afford.
Yes you are right that if you bite more than you can digest. It ultimately harm you rather than do better for you. So do not invest much that you cannot afford. In case of cryptocurrency, you should not invest much amount of the money you cannot afford given its volatility. But do not get misguided that it does not mean that cryptocurrency is bad. You can involve in trading with a small amount of money.
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.
Reasonable advice, I agree with you. I think that investing in a large enough amount of money is very risky, you can lose a lot. With regard to participating in bounty campaigns, here everyone decides for themselves how many campaigns he can afford simultaneously, depends on the amount of free time
Please ask yourselves... is the coin I’m investing in secure, fast, scalable, great development team and community? If not... that coin isn’t going anywhere. It’s a pump and dump. Having a small supply raises the price but in reality it will never be a “merchant” coin. Invest in the coin that has the ability to be the coin for commerce. Do your research.. invest in the coin that meets that criteria. Don’t go after the advice of an investor who is sitting on a bag waiting for you to buy up the price before they dump.
Each of us are aware of out possibilities, capabilities , strength and weaknesses. Crypto market is volatile and risky
so we have to act according to it. Stretch yourself until your blanket covers you.
so we have to act according to it. Stretch yourself until your blanket covers you.
Yes its true ofcourse you can bite only one coin that you can handle and dont buy other dummy coin thag will crash your profit and lossing tired of your first what you did.
I appreciate your suggestion. But there is nothing new in your suggestion. It is the old cliche that people are suggesting to investors investing only the amount of money one can afford to lose. Given the volatility of cryptocurrency, it is essential to exercise restraints in investing. And this is also applicable to bounty campaigns. Participate in bounty campaign if you can give time to it and complete the task given.
I believe this is the general agreement to investment, especially in crypto. you should only invest what you can afford to lose should it happen and even as a newbie, one of the first things I learned quickly was not to FOMO and that has worked out pretty well for me and yes, asset can devalue but learn to hodl and if you made a good choice of crypto you invested in it will surely bounce back.
It is a nice review and I agree with it. When you are new to this ecosystem, don't get FOMO with its system because in cryptocurrency world, it is a very volatile and you don't want to make a bet that you don't know what is its result.
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.
Some people participate in bounty companies blindly, because managers do not write how many bets are allocated this week, or may not update the data of several people.
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.
About the trading part, I recommend trading with low volumes but making a big quatity of transactions, it has worked for me and I am no expert on the subject, but it will definitely work for someone else. - 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.
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