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Topic: Don't bite more than you can chew - page 9. (Read 10980 times)

member
Activity: 490
Merit: 10
freelanex.io
April 03, 2019, 09:43:12 AM
It is better to invest according to ability because greed will not bring maximum results. The crypto market is very risky so it requires good planning in terms of investment capital and good management in carrying out work.
full member
Activity: 406
Merit: 101
April 03, 2019, 09:38:17 AM
As for me it is very correct. Because you need to count their forces and possible. I also think that it is not necessary to be in pink glasses, we are all human and we can be wrong. There are no ideal situations in the world of cryptocurrency.
hero member
Activity: 2940
Merit: 593
Leading Crypto Sports Betting & Casino Platform
April 03, 2019, 09:38:09 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.


It is very tempting when the market is in the bear trend you see coins that you always wanted to buy but cannot afford because of it's high price then, now that it is much lower you invest everything you've had because you believe that it can make you a lot of profit, but this does not applies to all coins, soon you are going to regret for investing everything you've had, it's really an old story.
full member
Activity: 504
Merit: 100
April 03, 2019, 09:35:29 AM
Good advice.It seems to me that such maximalism is associated with little experience and knowledge in the crypt,and perhaps with the usual greed.Of course everything should be approached wisely,to do a good preliminary analysis.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
April 03, 2019, 09:28:43 AM
That is a good advise from the operator. There is a rationale behind every good investment. The crypto market is very volatile, which is why we need to be careful of how much and in what you are investing in. How long to wait is also a very important factor.
Yeah, it's needed to learned how you can manage to budget your time as investment in this field will be in need of lots of patience and time,holding and waiting for the right timing to buy as well with selling position, you have to be smart not to allow yourself to enter things that you ain't sure yet.
member
Activity: 149
Merit: 25
April 03, 2019, 09:26:25 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.



I think the other thing, in regards to investing what you can afford to lose, is to remember that you don't actually gain or lose anything until you choose to sell. If you buy one full bitcoin at $10,000 it doesnt matter what the price does -- it's still one full bitcoin.  If you choose to sell at $5,000 then you lose the $5,000.
member
Activity: 546
Merit: 10
April 03, 2019, 09:20:59 AM
A good saying and it seems to me that this is in all ethnic groups, as for cryptocurrencies in this regard, to say that there are a huge number of people who are trying to bite all the same much more than they can chew.
member
Activity: 700
Merit: 27
Sovryn - Brings DeFi to Bitcoin
April 03, 2019, 09:17:31 AM
This is true,if you don't limit how you work you will end up been over stressed and you won't be able to complete your work so its better to always start what you can fnish
member
Activity: 602
Merit: 10
April 03, 2019, 09:14:25 AM
Good and very nice sayings to read and understand. In cryptocurrency, especially in bounty program there's a different kind of campaigned which we are able to joined, this means joined only you can afford to work for, beyond your capacity and skills and time, to never failed one time. But on the other side if you can do it one big income at time.
member
Activity: 415
Merit: 10
Colletrix - Bridging the Physical and Virtual Worl
April 03, 2019, 08:51:32 AM
That is a good advise from the operator. There is a rationale behind every good investment. The crypto market is very volatile, which is why we need to be careful of how much and in what you are investing in. How long to wait is also a very important factor.
we have to be careful so we have to focus on the coins we invest so that we can know the movements.
by waiting for you to get a lot of profits because waiting for you patiently can wait for the movement to increase, if we are impatient we will not get greater results. but you don't become too greedy that will make you lose everything.
member
Activity: 854
Merit: 10
April 03, 2019, 07:45:41 AM
That is a good advise from the operator. There is a rationale behind every good investment. The crypto market is very volatile, which is why we need to be careful of how much and in what you are investing in. How long to wait is also a very important factor.
member
Activity: 448
Merit: 15
TREEBLOCK
December 18, 2018, 02:55:31 AM
It is standard advice when investing, do not put more in than you can afford to lose, but it is also a  that so many people choose to ignore, and instead think they will make some quick profits. This bear market has taught us that you can also experience regular and deepening losses.
member
Activity: 476
Merit: 10
December 18, 2018, 02:45:30 AM
Don't invest all the money you have into crypto, invest in different fields that can provide security and security for your assets. And don't invest all of your budgets in crypto into just one type of coin. Open as many places as you can as a source of income that is profitable for you. And participate in programs that you can master and you are able to do optimally for optimal results.
full member
Activity: 448
Merit: 100
MenaPay - Crypto made easier than cash
December 18, 2018, 02:42:43 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.


This is all due to the number of coins and tokens on the market. Every investor wakes up the temptation to try everything that is cheap and for the future. And as a result, only the risk of loss is increased and, in the end, they really get nothing. For this now, and the correction is so protracted.
member
Activity: 280
Merit: 11
December 18, 2018, 02:38:36 AM
I known by now everyone as learn not to bite more than that can chew.Many did bite more than that can chew and got burnt for that.
sr. member
Activity: 798
Merit: 251
December 18, 2018, 02:35:19 AM
Biting more than you can chew can only lead you to regret if the crypto market didin’t satisfy you. Of course you should also keep something for yourself. Cryptoworld is a huge risk, you can’t possibly reverse your wrong decisions.
member
Activity: 238
Merit: 37
December 18, 2018, 02:22:10 AM
I guess the kind if bear we are having now has taught many not to bite more than they can chew.We have had so many losses which could have been prevented.
jr. member
Activity: 499
Merit: 1
December 18, 2018, 02:07:43 AM
You're seemed right on this, if you combine many works more than your capacity you might end up loosing all works.
full member
Activity: 625
Merit: 125
December 18, 2018, 01:32:33 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.

This is a good advice. I subscribe to both as they are very practical and logical in the crypto space.
1. Invest only what you can afford to loose - Do not borrow money to put in crypto!
2. Finish the bounty and try to get in early (week 1, 2 or 3) then ensure that you finish the bounty program.
full member
Activity: 658
Merit: 100
December 18, 2018, 01:27:44 AM
What a 'playing it safe ' kind of advice,  nobody get rich by been cautious and standing on the fence. You have to stretch your limit,  dare to grow and succeed and when you fail,  it will only be temporary set back and you get back up to give your investment and believe all you got and that is when you become successful!
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