Topic: Don't bite more than you can chew - page 22. (Read 11011 times)
Putting all your money into the cryptocurrency is comparable to playing in a casino. The principles of investing their funds are the same. A normal player in a casino bet on an amount that he could simply spend for fun, the amount for him is meaningless in terms of his financial situation. Otherwise, both the Player and the Investor will be, roughly speaking, "suicides".
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 was some real basic advise but most soon forget and fail miserably with those common mistakes. Thanks anyway. - 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.
This is really true. It is somehow same with, invest only what you can afford to loose. Here in crypto, we are all taking risks, but we should always remember to calculate all the risks that we take. We might one day be bankrupt or lost everything because of taking too much risks. we should always be smart in whatever decision we make.
Yeah, it's true. Many people in this space do invest everything. And that's very bad they think they will be millions in just overnight.And this greediness is make their journey painful.So always be careful what you do. And always invest that much which you can afford to lose.And same for bounty hunters their are many bounty hunters who just take a lots of project and end up to make nothing I myself do that type of bounty greediness and its not working.So do whatever suits you thats it.
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 you when you say invest only what you can afford to loose , don't sell your property or borrow money just to invest in cryptocurrency as we all know it is very risky . IF you want to invest and earn bigger you need to take risk but know also what are the consequences. I ALSO agree about the participants in bounty that it is important to join and finish the campaign otherwise you will earn zero.
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.
You write the very right things and I like the course of your thoughts. It is really not necessary to invest all your money in a crypto, it is not correct and can lead to very bad consequences. - 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. This is true. At one time I was doing 60 bounties. It was a stressful work. Also, those works were social media tasks. So I had to do it every day. When other people earn huge by doing just 1-2 bounty I got nothing from all those 60+ bounties. Yes. this is true. Don't bite more than you can chew
60th this is very strong! how much time did you leave? I'm starting to study here bounty, and I think to take about 40 companies
Yes. This is true. At one time I was doing 60 bounties. It was a stressful work. Also, those works were social media tasks. So I had to do it every day. When other people earn huge by doing just 1-2 bounty I got nothing from all those 60+ bounties. Yes. this is true. Don't bite more than you can chew
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's true, because if you insist of doing what you really cant do on what your capabilities as of now, you will just end up regretting every decisions you made. - 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.
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.
Absolutely agree to what you said. Tau, kmd and powr are coins that are going to be listed on new exchanges and they shall be very profitable by the end of this year. Everyone will regret not having these. - 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.
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.
It is true. Better not to bite more than we can chew. This is the reason I have invested in the coins I believe are assured to rise and these are stellar, ripple and paragon. These coins have some excellent projects.- 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.
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 agree as investors we should know the boundary and the limit that we can lose. Its true crypto is good place to invest your money and i think if you do have a good amount of money it would be good for you to invest for long term. In 3-4 years we would see the true potential of cryptocurrency. Be wise and dont be greedy, many people are blindfold and invest all of their money in here in hope they will getting rich in one night and i think it used to end up pretty bad. - 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 always count on my savings. And if I can afford to invest ,I do not expect to return.
There were people who sold their house to invest in bitcoin like the one family in netherland, or sold their car to invest in altcoins just like someone in telegram group of which I am also a member. They are prepared to lose their investment. In my case I have invest my extra money aside from my emergency fund. Also for my extra time, I have joined a few bounties.
You don't need to invest more than you can afford. In crypto there are risks to lose everything and everyone should understand and become aware of this before selling the house or investing all their money.
On the one hand this is the right advice, but if you look at it from the other side, then you can understand that without exceeding the limits of your possible person, it will not develop. Therefore, the main thing is to have a sense of proportion and be able to find in all the golden mean.
When I invest money, I always mentally say goodbye to them, I will not be sorry if I lose them, this is my important rule.
I've actually invested as much as I could afford to lose when looking back but then you need some money, if you really have very little money, your profit then will be little.
Yes, if you have little money, it would be little in the short term but not in the long term. If you are putting in anything due to the volatility of the market, you should never be greedy about it as that is actually what has made a lot of people to invest what they could not afford to lose and makes them get emotional as they see the market going down.Sometimes, it also makes a lot of sense when you even have the knowledge of what you are doing, to be able to at least guide you in making good and quality investment or trading decisions.
There were people who sold their house to invest in bitcoin like the one family in netherland, or sold their car to invest in altcoins just like someone in telegram group of which I am also a member. They are prepared to lose their investment. In my case I have invest my extra money aside from my emergency fund. Also for my extra time, I have joined a few bounties.
Yes thats right, if you carry out too much your final results will be disappointing, escpecially in bounty programs, when people performing too much projects at one time
I don't agree. I mine altcoins and the more rigs you have the more money you get. Although it is not necessary to buy the equipment at the last money.
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