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Topic: Don't bite more than you can chew - page 18. (Read 11023 times)

jr. member
Activity: 61
Merit: 1
W12 – Blockchain protocol
September 09, 2018, 04:33:34 AM
This is the best rule in any market. Greed has never been useful no matter how you say or call it. make your daily percentage and you will have happiness.
jr. member
Activity: 228
Merit: 1
September 08, 2018, 08:40:15 AM
I think an ICO is made to build a community, where the projects that are made require substantial funds, so if you think that the ICO is good it would not hurt to invest in the ICO, and of course following the bounty campaign program can introduce the project you are investing
newbie
Activity: 78
Merit: 0
September 07, 2018, 04:57:25 AM
Yes, this is true, especially in such a volatile market like that of crypto, that's right I will only invest the amount that I can afford into crypto.
newbie
Activity: 24
Merit: 0
September 07, 2018, 04:51:16 AM
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.



That sounds like reasonable advice, but the title saying 'do' rather than 'do not' suggests the opposite.

If someone invested all of their money in crypto that would be something like an issue with gambling.
Correct! In my country there were many people selling houses, land to invest in BTC and when it fell they could not pay bank interest, then they lost everything! So sad!
full member
Activity: 451
Merit: 100
September 07, 2018, 04:51:10 AM
You are right, as for crypto traders i would advise don't take too big leverage. You want to increase your funds significantly,but can lose all of funds once.
Don't play these games
newbie
Activity: 84
Merit: 0
September 07, 2018, 04:50:13 AM
This is one good advice to all investors. I usually say this to people around me, as far as crypto currency investment is concern, do not invest all your money on it. Always ensure you invested what you afford to loose when circumstances occur
jr. member
Activity: 199
Merit: 1
September 07, 2018, 04:47:26 AM
as long as the work done is still able to be done even though it's a lot, why not? if indeed the work can be a profit field for those who do it, then heavy work that is heavy is worth the income received from so many jobs.
sr. member
Activity: 616
Merit: 253
Open and Transparent Science Powered By Blockchain
September 07, 2018, 04:40:29 AM
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.



Well said. You are definitely right. Many people in this industry didnt think through about their decisions and just basically entered difficult situations. I believe one of the reasons why a lot of people are caught up with this is because they ask and demand too much. Greediness can make your situation complicated.
One of the basic rules is not to invest more than you can afford. There was a time when it seemed that the market would grow forever, in the end we saw this heavy fall, and all those who were greedy-lost a lot.
full member
Activity: 333
Merit: 100
September 07, 2018, 04:32:52 AM
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.



Well said. You are definitely right. Many people in this industry didnt think through about their decisions and just basically entered difficult situations. I believe one of the reasons why a lot of people are caught up with this is because they ask and demand too much. Greediness can make your situation complicated.
newbie
Activity: 44
Merit: 0
September 07, 2018, 04:20:37 AM
Crypto-currency due to its shaftiness is comparable with the pyramid, today you earned - lost tomorrow. and this year, so generally you lose more than you earn. but everyone should understand that it's easy to stay with nothing when investing money
jr. member
Activity: 223
Merit: 1
September 06, 2018, 10:18:02 PM
#99
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.



Good advice especially after seeing the crushing blow that was dealt over the last 48hrs.  It's been a complete blood bath.  We all need to make sure we never go in to far.  I read a lot of people freaking out in some of these posts.  The main thing to do now is hodl and wait. 
jr. member
Activity: 93
Merit: 1
September 06, 2018, 10:00:31 PM
#98
Yes, I fully agree with this statement , as for his portfolio must be constantly monitored , and you can bite so many different coins that really can not worry and spit it out back for a penny , just do not keep track of the situation on the market !
jr. member
Activity: 344
Merit: 1
September 05, 2018, 01:49:42 PM
#97
Yes, it is applicable to everyone because dealing with this cryptocurrency takes time and requires so much commitment, it is far better to select few out if many campaigns and give it time, when you do it diligently, you get your reward. But in cases when you have involved yourself in too many campaigns you end up not meeting up and the little time invested will now be wasted. Cryptocurrency is very interesting to deal with once you follow the rules and regulations as laid down. One of the things I have learnt over time in cryptocurrency is to drvotr adequate time for it to get something very meaningful out of it .Everything must be done in moderation,we should only lay hands on whatbwebcan handle.. So far so good, I have been enjoying dealing with cryptocurrency and I still hope to enjoy more from bounty campaign...
member
Activity: 196
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
September 05, 2018, 01:33:26 PM
#96
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.


i think these things come with experience, and maybe you have to make some mistakes in order to understand better and to work out your own way of trading
jr. member
Activity: 49
Merit: 1
September 05, 2018, 09:20:30 AM
#95
This is a very accurate phrase in the attitude of crypto-currency investors, you need to learn everything gradually. The more experience you have, the greater the volume.
newbie
Activity: 44
Merit: 0
August 15, 2018, 08:27:18 AM
#94
More like Yes than no. After all, if you gain too much, possible and the failure of everything that a man can have.
newbie
Activity: 223
Merit: 0
August 13, 2018, 11:52:54 AM
#93
Exactly op, you don't need to bite more than what you can chew and you should also cut your cloth according the available material. Don't invest in crypto and start complaining later of not having enough money to fend for yourself and family.


https://i.imgur.com/egSAgOJ.jpg
newbie
Activity: 89
Merit: 0
August 13, 2018, 06:02:04 AM
#92
I play the role of trader and bounty hunter every day (because I will sell the rewards and buy other altcoins), I think that I should try my best to do things within my own capabilities, don't try to invest in loans, don't try to do blindly. Bounty mission!
member
Activity: 336
Merit: 10
August 13, 2018, 05:59:22 AM
#91
I think that you shouldn't bite more than you can chew is the best possible advice to the trader of crypto, otherwise you risk to lose everything. To my mind, it is better to earn less than to risk much
jr. member
Activity: 223
Merit: 1
August 13, 2018, 05:57:40 AM
#90
Yeah, it's very actual for my opinon. But I think that all of us including I want to earn more and more and it is becoming very hard according to the market.
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