It's wise not to invest into altcoins and abandoned the investment with constantly following every update of the project. In the time past, I created a topic asking why altcoin projects do token swap and I go some reason response that I learned from. What actually inspired such topic was the lose of some investment because the project owners swapped their contract without my notice and one of them did it with a condition that I could not meet.
Every investor should always stay updated with the project they invest on.
Topic: Don't invest and slumber (Read 69 times)
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
That is why it is good to invest on good assets like bitcoin. You will wait for the bear market, then buy bitcoin at a low price. Most holders will not be checking the price all day. People that did this in the past with bitcoin made profit.
Swing traders are the traders that will be checking the price daily. Holders have different kind of approach and thinking.
Swing traders are the traders that will be checking the price daily. Holders have different kind of approach and thinking.
Scalping: Suitable for more established and less volatile markets. Here you will get more by continually reaping profits on a daily, weekly, or even monthly basis.
Scalping means to be opening and closing your trade within seconds to some minutes, or before an hour. If you are the type that let the trade get to an hour or more, that means you are not scalping but a day trader. Scalping is not an investment means but trading and it is very risky. 
A friend of mine was complaining to me that his friends where complaining to him that they invested in crypto but were not following their investments serially so as a cause of that they lost their profit when it was supposed to pay off. The problem here is not just investing the case is investing and coming back to check up your investment it must be a day by day duty to check up on your investment.
It is not to invest and slumber you May miss alot of opportunities not only in crypto currencies but in every business u do u have to reach out to it even if u entrust it in the hands of a manager. The rich men with all their money and many investments still put more effort, for an example Elon musk with all the money he has he's still not relenting but pushing to make more money he is never slumbering.
There is a saying that says you snooze you loose so never snooze never slumber keep investing and stay awake on ur investments.
It is not to invest and slumber you May miss alot of opportunities not only in crypto currencies but in every business u do u have to reach out to it even if u entrust it in the hands of a manager. The rich men with all their money and many investments still put more effort, for an example Elon musk with all the money he has he's still not relenting but pushing to make more money he is never slumbering.
There is a saying that says you snooze you loose so never snooze never slumber keep investing and stay awake on ur investments.
Those who invested in a shitcoin, altcoin, or perhaps anyone who chose to invest for a short period must have experienced a day-by-day checkup on their investment. Because an investor who has been holding Bitcoin for a long time will not be checking the market to see if they have earned a profit or if it is time to sell or hold. Long-term Bitcoin investors do not have to worry about market prices because they know the value of the coin they hold.
However, your friends would have experienced what it's like to be in the cryptocurrency space. Investing in shitcoins does not require you to sleep on it because, in a single night, the market may rise to a position where people make a lot of money, and then fall back. As a result, the majority of people who invest in shitcoins get worried about the market since they could make millions in a minute and still lose. Advise your friends if they are ready to invest, they should buy Bitcoin and hold it for a long time. They will not lose their money, even if they fail to check their investment for a week because they have already set a target.
A friend of mine was complaining to me that his friends where complaining to him that they invested in crypto but were not following their investments serially so as a cause of that they lost their profit when it was supposed to pay off. The problem here is not just investing the case is investing and coming back to check up your investment it must be a day by day duty to check up on your investment.
You have a point but I do not think it a good idea to always check up on your investment day after day. The important things I think a new investor should imply is checking up on their seed phrase maybe ones a month or ones in two months. However, as a beginner in the crypto space you need to keep learning because as day passes technologies improves. So you don't need to invest and forget about it. Well, the wrong your friend did was thinking that bitcoin is a get rich quick scheme, if not they wouldn't think of investment for a short time so that they could get a profit. Although unfortunately for them they didn't catch up quickly to get their profits on time before the market reduced. 
A friend of mine was complaining to me that his friends where complaining to him that they invested in crypto but were not following their investments serially so as a cause of that they lost their profit when it was supposed to pay off. The problem here is not just investing the case is investing and coming back to check up your investment it must be a day by day duty to check up on your investment.
It is not to invest and slumber you May miss alot of opportunities not only in crypto currencies but in every business u do u have to reach out to it even if u entrust it in the hands of a manager. The rich men with all their money and many investments still put more effort, for an example Elon musk with all the money he has he's still not relenting but pushing to make more money he is never slumbering.
There is a saying that says you snooze you loose so never snooze never slumber keep investing and stay awake on ur investments.
It is not to invest and slumber you May miss alot of opportunities not only in crypto currencies but in every business u do u have to reach out to it even if u entrust it in the hands of a manager. The rich men with all their money and many investments still put more effort, for an example Elon musk with all the money he has he's still not relenting but pushing to make more money he is never slumbering.
There is a saying that says you snooze you loose so never snooze never slumber keep investing and stay awake on ur investments.
It would have been more better that you make your narrative more specific wether it is of long term or short term considering the fact that there are different players in the market, those who prioritize checking up or monitoring the market conditions are mostly those chasing short term profit, even though those with a long term perspective of their asset might be checking the happening in the market and not for the purposes of selling. However, where our treasure is should always be kept in check for so many reasons which includes it's growth and security. Bitcoin has been the most preferred coin to invest on among other coins and it also happens to be less risky and volatile when compared to other coins, the reason why it is always advisable to invest in Bitcoin with a long term perspective as to reduce the emotional devastation that is usually attached to trading for short term profit maximization.
That is the nature of crypto investment, whenever you have invested you will no longer have a rest of mind because you need to be on the market at every giving time to check if you are making profits or not because the moment your attention is not their is either the market will be running against you or you are making profits, so what I understand from your post is that the person who invested on the altcoin and forget to be checking it does not really understand what altcoin is all about because if he truly understand it he would no the risk of investing on the altcoin without regular monitoring, so he shouldn't feel bad because for him to choose altcoin means that he has a strong mind about losing or gaining, so make him no reason am because if people way done tay for the business yan their own matter him no go feel that bad again.
A friend of mine was complaining to me that his friends where complaining to him that they invested in crypto but were not following their investments serially so as a cause of that they lost their profit when it was supposed to pay off. The problem here is not just investing the case is investing and coming back to check up your investment it must be a day by day duty to check up on your investment.
It is not to invest and slumber you May miss alot of opportunities not only in crypto currencies but in every business u do u have to reach out to it even if u entrust it in the hands of a manager. The rich men with all their money and many investments still put more effort, for an example Elon musk with all the money he has he's still not relenting but pushing to make more money he is never slumbering.
There is a saying that says you snooze you loose so never snooze never slumber keep investing and stay awake on ur investments.
There are two approaches to investment:It is not to invest and slumber you May miss alot of opportunities not only in crypto currencies but in every business u do u have to reach out to it even if u entrust it in the hands of a manager. The rich men with all their money and many investments still put more effort, for an example Elon musk with all the money he has he's still not relenting but pushing to make more money he is never slumbering.
There is a saying that says you snooze you loose so never snooze never slumber keep investing and stay awake on ur investments.
Invest and forget: Usually long-term investors adopt this. If you are interfering too much, you might lose a big wave for peanuts. This type is suitable for relatively new products with lots of potential upside.
Scalping: Suitable for more established and less volatile markets. Here you will get more by continually reaping profits on a daily, weekly, or even monthly basis.
So you have to be confident (which only comes through good research) about which type you are choosing when it comes to trading successfully.
A friend of mine was complaining to me that his friends where complaining to him that they invested in crypto but were not following their investments serially so as a cause of that they lost their profit when it was supposed to pay off. The problem here is not just investing the case is investing and coming back to check up your investment it must be a day by day duty to check up on your investment.
It is not to invest and slumber you May miss alot of opportunities not only in crypto currencies but in every business u do u have to reach out to it even if u entrust it in the hands of a manager. The rich men with all their money and many investments still put more effort, for an example Elon musk with all the money he has he's still not relenting but pushing to make more money he is never slumbering.
There is a saying that says you snooze you loose so never snooze never slumber keep investing and stay awake on ur investments.
It is not to invest and slumber you May miss alot of opportunities not only in crypto currencies but in every business u do u have to reach out to it even if u entrust it in the hands of a manager. The rich men with all their money and many investments still put more effort, for an example Elon musk with all the money he has he's still not relenting but pushing to make more money he is never slumbering.
There is a saying that says you snooze you loose so never snooze never slumber keep investing and stay awake on ur investments.
Jump to: