This is good advice! If you are planning to invest in cryptocurrencies, spend at least a little time to understand what blockchain and cryptocurrency are, what security measures you need to take before investing money. We must constantly learn and improve our trade.
This is great advice. It was something that should have been followed by people who had been investing blindly in the crypto boom in 2017. They invested big money and bought Bitcoin at ATH and this was equivalent to checking depth with both feet and the deluge drowned them. So it is needed for the investor to be very wise and only invest in the coins with great potential. 
Topic: Don't test the Depth of water with Both Feets (Read 852 times)
Every effort in this life involves risk. This risks are classified into two main categories, low risk and high risk!
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
It's very necessary to do a thorough research on a project before investing in it because there is also what we call a calculated risk, rich people don't just throw money into projects because they have money to spend, they actually check to see if the project has a 75% chance of working out and then they jump into it with all assurity that it's going to work out well, so please always take calculated risk to avoid throwing money away. To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
I am a victim of this, when I started venturing into cryptocurrency newly in 2018, I made the rookie mistake of investing all my bitcoin in single place, turned out to be a scam HYIP and I lost everything, always diversify your portfolio, never put all your eggs in one basket.
I really like this your adage. "Don't test the Depth of water with Both Feets" very explanatory, this is to say, invest wisely. Be Mindful of the risk you take especially when it has to do with cryptocurrency. In as much as we know every investment is risky but we should take calculated risk .
Cryptocurrency market still not regulated in many country and few country not allowing their citizen to invest in crypto or bitcoin. Its true that we should invest with money we can afford to lose and crypto is high risk investment, we should calcaluting this risk wisely
By having calculated the money we use, we can have two types of money which will be used for our daily life and for investing in crypto. But don't use a big part of the money for the crypto because we still use fiat in our life, so we don't have any problem if we want to buy something in daily life. But be careful if you invest in cryptocurrency and make sure you invest in the right coins after you analyze the coin.
Being in this forum and a bounty hunter give me a bit of an edge over others who are not here, now i understand a bit more on what to look out for when you have the interest of investing in a project or projects,
What i do is look up the website of that project and wp, the team LinkedIn profile, their social media activities, then look for their telegram group and immediately join, go through the post of members in the group and see the kind of people who are interested in the project as well (not when Moon, when Lambo type)
See how active the core team members are in the chat, maybe they have done any AMA and some other few details, although this is not a guarantee of any sort but it help give a bit of a guide what you are dealing with.
Most importantly, invest what i can afford.
What i do is look up the website of that project and wp, the team LinkedIn profile, their social media activities, then look for their telegram group and immediately join, go through the post of members in the group and see the kind of people who are interested in the project as well (not when Moon, when Lambo type)
See how active the core team members are in the chat, maybe they have done any AMA and some other few details, although this is not a guarantee of any sort but it help give a bit of a guide what you are dealing with.
Most importantly, invest what i can afford.
Very well said and it's very true that there are many risks with every business we like to proposed with and to win is to take a risk but to invest all your asset on a single coin is extremely risky. Atleast when you expand your portfolio it will reduce the risk as the different coins may complement each othet in terms of loss. Choosing many places to invest is a good step, provided we have a strong referrence before doing so, and it would be very wrong if we just put the egg in one basket, because as the marketplace was so fine where investor can invest in to many projects there are still many other choices to be in, like the dencoin tokens which can lead you to have a good future investment in the making. We just have to be more analytical when thinking and on choosing a project we want to be part of.
This is good advice! If you are planning to invest in cryptocurrencies, spend at least a little time to understand what blockchain and cryptocurrency are, what security measures you need to take before investing money. We must constantly learn and improve our trade.
Every effort in this life involves risk. This risks are classified into two main categories, low risk and high risk!
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
You just said it all.. I think only the gullible, ignorant or foolish ones will put all their eggs in one basket. It's always good to diversify. When one doesn't work, the other will definitely work an dyou won't be in so much of a loss.
i like the advice.. but each and every people is different..as many people say invest what you can afford to lose
I really like this your adage. "Don't test the Depth of water with Both Feets" very explanatory, this is to say, invest wisely. Be Mindful of the risk you take especially when it has to do with cryptocurrency. In as much as we know every investment is risky but we should take calculated risk .
Cryptocurrency market still not regulated in many country and few country not allowing their citizen to invest in crypto or bitcoin. Its true that we should invest with money we can afford to lose and crypto is high risk investment, we should calcaluting this risk wisely
Every effort in this life involves risk. This risks are classified into two main categories, low risk and high risk!
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
I am agree that we should not put all our investment in single coin or token. Dividing our investment into different project is a must to reducing risk from volatiling market. With invest in several project, when few project price fall, others can survive
We must be aware of in what project we are going to invest before going for it. It will be a good idea to distribute your investment in different projects in cryptocurrency just like in stock market. Allocating your investment in different projects will give you your higher chance of getting more profits and reducing your losses.
I really like this your adage. "Don't test the Depth of water with Both Feets" very explanatory, this is to say, invest wisely. Be Mindful of the risk you take especially when it has to do with cryptocurrency. In as much as we know every investment is risky but we should take calculated risk .
I think it is the basic importance when we are going to invest or trade.
It is too risky if we are entering only in one thing or one basket. If we want to invest, diversifying ou funds is very important. And we cannot try the big risk t first likely testing the depth of the water with our two feet.
It is too risky if we are entering only in one thing or one basket. If we want to invest, diversifying ou funds is very important. And we cannot try the big risk t first likely testing the depth of the water with our two feet.
It is very true. There are risks with every business and to win is to take risk but to invest all your asset on a single coin is extremely risky. At least expanding your portfolio will reduce the risk as the different coins may complement each othet in terms of loss
the chance to take advantage of a few coins will be better than on one coin and that is true, I agree.indeed all actions and choices have risks, so we must be careful and always ready for whatever will happen.
choose coins that are good and don't arbitrarily choose, because it's influential.
It is very true. There are risks with every business and to win is to take risk but to invest all your asset on a single coin is extremely risky. At least expanding your portfolio will reduce the risk as the different coins may complement each othet in terms of loss
Kudos for this wonderful post, going all in into one project or coin looks suicidal to me and should never be encouraged. People need to understand that there are many good coins that are worth looking into rather than putting all funds into just one which turn out bad afterwards.
Also, as a trader it is wise to divide your funds accordingly while trading to avoid getting trapped.
Also, as a trader it is wise to divide your funds accordingly while trading to avoid getting trapped.
Warren Buffet clearly explained the risks about the financial markets and it is fully revealed regarding the testing the depth of markets. Financial analysts usually advise to check the old prices of the asset and understand the reason why you want to invest in the project. Wall Street traders know these rules and they prefer to wait for the grown market circumstances for getting good price rate.
I agree with you. Most times am surprised on how people will invest all funds in one project with the anticipation that it will give massive return while forgetting that this space is unpredictable and highly volatile.
Let us always be careful of what and how we invest, invest or trade with money you are okay with not lifesavings
Let us always be careful of what and how we invest, invest or trade with money you are okay with not lifesavings
Every effort in this life involves risk. This risks are classified into two main categories, low risk and high risk!
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
Well said. Testing the depth of water with both feet is dangerous and can take you to your grave soon. Why not try different ventures with one at a time. Investing all your hard earned money into a single coin is a big mistake to be avoided. As already stated, every coin has the inner potential to moon only if it has community and investors support. Crypto can surprise you anytime and anywhere, don't invest your all in just one coin or project. A word to the wise...... To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
Every effort in this life involves risk. This risks are classified into two main categories, low risk and high risk!
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
If I understand correctly you are saying we shouldn't put all our investment or hope in only a particular altcoin, well I have always believed in the diversification and it has helped me to not put all eggs in one basket
Every effort in this life involves risk. This risks are classified into two main categories, low risk and high risk!
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
Yeah, life itself is a risk but that doesn't mean we should take uncalculated risk, i have seen some investor that have seen reg flag about some project, still they will go ahead to invest, that is absolute stupidity, when we take risk it must be calculated risk not stupidity some people call risk. To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
Yes you are right and people need to understand that diversification is a good thing and it provides many benefits like balanced portfolio, lower risk and more chances to profit.
Risk is relative to individuals. What scares you might scare another person..you may ask the gamblers. Yes risk can make us so much money and also mar us in this crypto space. Do what you can and stay safe
Yes, as much as possible avoid putting all eggs in one basket because if the project fails then all assets will also disappear, crypto is very risky and it is better to divide investment in several places.
Choosing many places to invest is a good step, provided we have a strong reference before doing so, and it would be very wrong if we just put the egg in one basket, because there are still many other choices.
Only a newbie will test the test the depth of water with both feet. You need not to invest all your money or the amount you need in cryptocurrency. Invest what you can afford, study the market then when things get better, you can invest more if you want to. Its all about tactics.
Yes, as much as possible avoid putting all eggs in one basket because if the project fails then all assets will also disappear, crypto is very risky and it is better to divide investment in several places.
Yes indeed! There are too many things that can go wrong when you rush into things. It's far more fruitful to relyon common sense when taking risk.
Sometimes it's better not to invest at all than differentiate. This was told to people who were buying many different physical goods like gold silver and real estate because all of them had value but different way of handling and some could be sold easier than other.
This should not be a rule in crypto where some projects are worthless.
This should not be a rule in crypto where some projects are worthless.
Every effort in this life involves risk. This risks are classified into two main categories, low risk and high risk!
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
We have our own choice, particularly if We talk about investment or buying coins in bitcoin and crypto it is our will to to take risk our capital.
Besides, this maybe the reason why there are lot of exchange platform that has been arise now in this business industry so that We have a lot of options to choose in. And the best reference is the coinmarketcap for seeking the top exchange.
There is nothing more to add as you said is the truth. We should learn not to be carried away by our love for a coin that we will put all funds into it. The best investment is always to spread the funds across potential coins so as to stand a better chance of reaping a good profit when the time is right.
That's right and that's also the truth. No matter the coin we want to invest in, it is wise and better not to put all funds in rather spreading over other coins, in this way reducing unforseen risks. Crypto is vast, crypto is amazing but one thing prevalent is that this space is highly unpredictable, thus one needs to trade with caution.
I'm pretty sure those who invested in Bitcoin when it was $0.1 never knew it will be $8k and over. No one knows the potential of a coin they invest in but that shouldn't mean you should invest all your money in one coin.
Obviously you will drowning if the water too deep. We just cannot use all of our money in cryptocurrency.
Even if i find a really good cryptocurrency project to invest, i must invest with what i can afford to lose. That is the way to investing should be.
Even if i find a really good cryptocurrency project to invest, i must invest with what i can afford to lose. That is the way to investing should be.
investments like gambling, you won't know which coins will give you an advantage, because lately there are many scam issues circulating everywhere. in accordance with the OP topic , it should be invested not on one ICO, coin or exchange. it is better to spread investment in various places, because it is likely to get wider benefits, because it does not rely on just one type of investment.
Of course its always a stupid idea to put all your eggs in a single basket ,when you slip its goodbye to all your eggs ,diversity is the only surest way to success in crypto space ,don't put all your hopes in a single coin or token ,spread up your hope and make them HOPES
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My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
Well, I got your point here and I totally agree with you. That is the main principle of investing which is diversification. Not putting all your eggs on a single basket but instead finding more baskets to put your eggs to be able to achieve a maximum possible profit with less risks. Risks are already there and what we can only do is not to eliminate it but we need to learn how to manage it.That will be applied in all investment and not just for cryptocurrency. With so many options to invest, we can spread our money into many things so when one or more can increase, we can get a profit and the best is in the cryptocurrency, and we have many coins that can be a profitable coin in the future. So we have a chance to make huge money when the bull market comes.
I would say opportunities come but once. You don't know which might be a hit for you but you can do that if you really understand the crypto market very well.
Opportunities come and go. One cannot really know which one will be a breakthrough but even at that, wisdom is necessary in investment. If wisdom is not applied, one can fail woefully and may succeed massively as the case may be but all will be based on uncertainties.
Therefore, I will advice that one should not invest all he has into one coin as other juicy opportunites may arise later on and there will be no means of benefiting from the new opportunity.
Therefore, I will advice that one should not invest all he has into one coin as other juicy opportunites may arise later on and there will be no means of benefiting from the new opportunity.
It may be the best option to avoid risk.
We are aware of the huge risk in this market, and so the diversification taught by experience is better tactic.
Good tactics indeed if you fully understand the market, but if you don't have any idea you'll risking your entire investment, We are aware of the huge risk in this market, and so the diversification taught by experience is better tactic.
work with your skills and keep enhancing your ideas for the best benefits of your investment.
Honestly, I never really used this method, I have been pure crypto ever since I know myself and have always worked to get more, I am always the type of person who got into something with both feet in and I like it that way since that means if I am right I will be super rich and super right however if I am wrong then I will get to start over from zero which I like a lot.
I have quit great jobs in my life just to start a new industry with another work space because I like to start from zero. At age 30 I am still trying to do something new and I got into local politics a little and want to become politician now, I know I won't become one because I will probably stop that and move to something new without putting enough time into this to become a politician, whatever I do I will always go all-in no matter what it is.
I have quit great jobs in my life just to start a new industry with another work space because I like to start from zero. At age 30 I am still trying to do something new and I got into local politics a little and want to become politician now, I know I won't become one because I will probably stop that and move to something new without putting enough time into this to become a politician, whatever I do I will always go all-in no matter what it is.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
Well, I got your point here and I totally agree with you. That is the main principle of investing which is diversification. Not putting all your eggs on a single basket but instead finding more baskets to put your eggs to be able to achieve a maximum possible profit with less risks. Risks are already there and what we can only do is not to eliminate it but we need to learn how to manage it. 
It may be the best option to avoid risk.
We are aware of the huge risk in this market, and so the diversification taught by experience is better tactic.
Well, diversification may be different. I know people who buy a lot of shitcoins and think they are safe. We are aware of the huge risk in this market, and so the diversification taught by experience is better tactic.
You are very right. In this crypto space, we have seen coins/tokens that had a lot of hype and a lot of people invested in it(probably some people invested their only fund or even life savings) and now you can barely of those projects.
When investing and when trading, we should always learn not to invest all our funds in one single project. That's a very risky move. You never can tell what will happen to that project the next day. So we need be wise, if it's in investing in IEO or ico we can spread our investment on various projects. While if it's trading, we can spread our funds on various tokens or coins just to be safe.
When investing and when trading, we should always learn not to invest all our funds in one single project. That's a very risky move. You never can tell what will happen to that project the next day. So we need be wise, if it's in investing in IEO or ico we can spread our investment on various projects. While if it's trading, we can spread our funds on various tokens or coins just to be safe.
It may be the best option to avoid risk.
We are aware of the huge risk in this market, and so the diversification taught by experience is better tactic.
We are aware of the huge risk in this market, and so the diversification taught by experience is better tactic.
It will always be a wise idea to allocate your investment in different projects instead of putting it in a basket. It is simply because that if a project you have invested in sinks all your money will go to waste as the market is volatile and there is not sure that a project will always get a success. So be aware of your investment.
Well said. Every business has inherit some kind of risk. Low risk business gives you some limited money but high risk business can give huge money too but it can be possible if you have good knowledge about the business you are doing. So we all know crypto market is highly volatile market some investors make huge money and some book huge losses too. Its not a gambling market and not a quick rich scheme. One can earn good money through this market provided he has good trading skills and one should not invest all his money in one coins. He/she should diversify its investment in different-different high potential coins to avoid the losses and always trust your analysis and always took the calculated risk.
This statement is very related to putting all your eggs in one basket. When we are taking risks, we should always calculate the potential of winning and the possible returns especially in crypto. When you are investing in a coin be sure to have conducted a good research on it and be sure the coin can give you the expected returns.
Every effort in this life involves risk. This risks are classified into two main categories, low risk and high risk!
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
Yup, that's the truth. Single trade with all total of your assets is like gambling. more or less. You risk all assets owned and hope to win the trade. and that's really the wrong thing. At least make 3 or 10 different coins as backup.
This is one of the basic principles that every investor must learn from the beginning to last for a long time in this business with good results, because otherwise, the lack of discipline, greed and lack of mental control is what led many unwary to suffer heavy losses during the furor at the end of 2017.
Personally, I must admit that a lot of my investments are in cryptocurrencies, but I have known how to take advantage of the good times of the crypto market to diversify my investments in other markets, even knowing the great risks involved in trusting in the predatory banking system that predominates in the present.
Personally, I must admit that a lot of my investments are in cryptocurrencies, but I have known how to take advantage of the good times of the crypto market to diversify my investments in other markets, even knowing the great risks involved in trusting in the predatory banking system that predominates in the present.
I literally did so back then and I glad I did, sometimes taking risk may end up with the best possible outcome but it will end up bad most of the time for sure.
Don't invest by just using your instinct. Most of the it'll fail, if.not you gonna get disappointed bit. I'm not telling not to invest.in high risk investment, my point is to do the necessary research and study for at least you had done your part. I love investing in projects that had just started. First, the price is very low. Second offers high returns. But, remember not to put everything in it.
You are making much sense here. Investing everything in a single coin or token is highly risky. We all should know how volatile the market is, so invest wisely .
You are urging us to invest on our instincts?
That is the worse type of advice I've ever heard!
It's what people say in movies, but movies aren't real.
Here in the real world, all of the most successful traders and investors invest based off of data and analysis.
In my own expereince, I have made the most by using data and analysis.
the times I went with "instinct" the returns were not consistent at all.
At times I won big, at times I lost big.
Life is long and there isn't such a thing as "winning big" once then get out and retire.
Treating crypto investing like gambling will yield the same types of results.
That is the worse type of advice I've ever heard!
It's what people say in movies, but movies aren't real.
Here in the real world, all of the most successful traders and investors invest based off of data and analysis.
In my own expereince, I have made the most by using data and analysis.
the times I went with "instinct" the returns were not consistent at all.
At times I won big, at times I lost big.
Life is long and there isn't such a thing as "winning big" once then get out and retire.
Treating crypto investing like gambling will yield the same types of results.
Good advice of course, but that applies to any decision when putting in your money. Always diversify and always know the risk you're putting up, and more importantly, never invest with money you can't afford to lose. This last part is I guess the most important and yet the most ignored. People keep putting money they THINK will grow, even though they know the risk is that they could lose it. And in crypto risk of losing it ALL is very real!
thanks for ur add up, we all need to be cautious of whatever we do and never regret any decisions but rather make uniform resolutions from them
Thank you so much for this, as it explains a lot. Most people want to hit it big thus putting all funds in one project which might do well or end up scamming them.
I think its proper to invest what we can afford to lose, as this space is unpredictable and volatile, so as to keep our sanity. Also, spreading funds across legit coins pays too.
I think its proper to invest what we can afford to lose, as this space is unpredictable and volatile, so as to keep our sanity. Also, spreading funds across legit coins pays too.
I think we should be careful to investment. just i say a bird have two feathers for flight,like up & down position. like that we think about up &down earning result. so we should not invest in one project .for balancing our profit we can large numbers project.
That's a good advice and only if most will Implement it will go a long way to save them unnecessary headaches and sleeplessness.
We should learn first what risk is all about, as it is with any investment before thinking of going for any project this is to safeguard our funds to a greater extent while taking into account the volatility of this space.
We should learn first what risk is all about, as it is with any investment before thinking of going for any project this is to safeguard our funds to a greater extent while taking into account the volatility of this space.
Every effort in this life involves risk. This risks are classified into two main categories, low risk and high risk!
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
This had been said for a hundred or already a thousand times when we do talk about investment.It do definitely corresponds with riskTo invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
even on making decisions on our lives do have corresponding risk.How much more if we do talk about investment?
It would really just a matter of success and failure and hence talking investing with instincts? It isn't effective anytime.Always vary with your analysis and
knowledge at the same time which would give out better chances.
I strongly agree with the advice you give, because in business we must consider the risks that will occur, so do not do business in one direction, because if in that direction we are not profitable then we get nothing, especially if we like investment, then invest in some good directions.
That is the more reason why we always advise that you should invest into cryptocurrencies an amount you can afford to lose but it's so sad that sometimes the greed of men lure them into investing all their savings into cryptocurrencies. Most of them come here later and be ranting all through the forum. Play it safe guys because it's a volatile world!
Every effort in this life involves risk. This risks are classified into two main categories, low risk and high risk!
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
We do need an investment instinct, but for me instinct is not enough for us to need a lot of things including research and analysis. if research and analysis is successful it might be able to minimize our risk of experiencing large losses. To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
The most important lesson i learned in 2018 crypto crash is nt to invest all ur earnings and take out profits when we see profits and gain profits from time to time
Investing in crypto is a big risk in general. 2018 taught us that absolutely all crypto assets can lose significantly in value. I would expand my view on diversification. If you can, then you should invest in different industries. The stock market is a good option, although not available to everyone, since there is a high minimum threshold. There is always a choice, the one who searches will find.
This is a proper phrase in money management rules when investing in crypto. Putting all your eggs in one basket and if a project goes wrong as in the case of ICO, then you will be left with nothing. Even for established coins like Bitcoins and Ether, is best if you diversify.
It is so dangerous to put all your investment in just one coin. The quotes is well said and so much proves about it. Investment will be 100% better if you split it into 3 coins or more.
Every effort in this life involves risk. This risks are classified into two main categories, low risk and high risk!
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
For me, it is a good quotes. Never risk all of your money because you won't be able to afford to lose that all.
Better safe than sorry, i usually investing in cryptocurrency from some parts of my savings, not all though.
In Cryptocurrency, putting all your investments in one coin is dangerous. The best thing to do is to invest in multiple coins so as to be in the safer side. At least if one let you down, another will lift you up.
The most important lesson i learned in 2018 crypto crash is nt to invest all ur earnings and take out profits when we see profits and gain profits from time to time
The term is extraordinary, if you test the depth of water with two feets, it will sink and kill cells in the body. What is the relationship with investment in crypto whether water is equated with the market or into water equated with crypto? I think we are like anglers and crypto is fish if it has something to do with water so the market is really water, forget what I wrote but you're right we don't invest in one product but invest in more products in order to minimize losses among some products.
Exactly. This is also means that if you really want to have a good investment never stick in to one project only. Cryptomarket was so huge for everu investors, tjey got a lot of project for the investors or for tje traders to make good profit like being part of the dencoin and many more. Learn to spread knowledge on about finding good projects so that it may takes you to have a good and quality investment.
Every effort in this life involves risk. This risks are classified into two main categories, low risk and high risk!
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
Nice advise OP. but I think that this advice has to do with altcoins because those are the investment that I feel is too full of risk and if we have to invest in them, we should just be careful not to put what we cannot afford to lose and at the same not concentrate our investment on one particular coin by diversifying because we don’t know which project will work out or not no matter how strong the look now. To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
The only project I can put my total investment in is bitcoin because that is the major cryptocurrency while other ones are just copy of it, bitcoin is far less risker than most of the altcoins we have, and if I have to risk any altcoins, it will be the top coins.
A very important lesson for every newbie and a lot of persons must have grabbed this by experience. In trading, it is called using the ladder technique, not buying all at once, buying gradually as market drops and selling gradually to the top makes it what it is. Apart from crypto this is applicable to every other aspect of life that is why the saying that one should not put all his eggs in one basket.
Yes this is not just that case with only crypto but with all the assets you come across and you think about investing in them. You have to be very careful in deciding if the investment would be profitable and that if you would get returns if you invest in the asset. In crypto, there are 2200 coins in the market but only few best coins and that means you have to be very wise to decide and invest. 
Every effort in this life involves risk. This risks are classified into two main categories, low risk and high risk!
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
There are some basic rules of investing in any financial market. These rules are as follows:
1. Never invest the amount you badly need, only invest the amount which you can afford to lose.
2. Do not put all your eggs in one basket means do not invest the whole amount in single coin/stock instead divide your investment.
3. Do not let emotions cloud your judgement
4. Always disciplined approach to your investment, make a plan and execute.
5. Do not fight with the market, if it gives you loss just accept it and move on.
There are many other things which need to be followed before investing your hard earned money. Unplanned investment can lead to account damage.
It is still better to have your investments divided in different coins. There are a lot of options in the top 50 coins so putting them in a single currency is kind of risky for me. The product behind in each top coin is different and have different timing of popping off in the market.
only a newbie in this space can test the waters they dont know the depth with two feets or greedy people. investment involves risks but risk is to be done wisely, or else it might lead to rekt. one needs to be careful to avoids this.
This is the basic rule that I have been following for many years. It works not only in trade, but also in many areas of life.
Of course, if we invest it certainly does not escape the word risk. Risks need to be taken to invest because there are no risky investments.
Good advice for all, not to put eggs in one basket. Yes this is the biggest risk when we are careless in investing, where when we only rely on one coin it will be very risky for investment.
Good advice for all, not to put eggs in one basket. Yes this is the biggest risk when we are careless in investing, where when we only rely on one coin it will be very risky for investment.
Good advice indeed, always never invest on only one thing because if invest on only one thing an that not works as expected can lose money and be dissapointed because lose hard worked money.
A very important lesson for every newbie and a lot of persons must have grabbed this by experience. In trading, it is called using the ladder technique, not buying all at once, buying gradually as market drops and selling gradually to the top makes it what it is. Apart from crypto this is applicable to every other aspect of life that is why the saying that one should not put all his eggs in one basket.
High risk bring in high investment returns and vice versa, cryptocurrencies investment is a low risk investment compare to forex trading and options.
Portfolio diversification can also help in crypto trading.
However it is always good not to use any money you can not afford to loose to trade.
Portfolio diversification can also help in crypto trading.
However it is always good not to use any money you can not afford to loose to trade.
No matter how great you think an investment is there is never a good time to go all in with just one coin. Too many things can happen in crypto that people should always diversify. 50% should be in bitcoin, with the rest split between top 20 coins and then some random shitcoins (in small quantities)
Yes, if there is free money, then the best investment is diversified.
The difficulty is that many people do not have the money to distribute them across different industries. To invest in the stock market, you need to have +X000$$$. Therefore, people are switching to crypto market, where even $10 can already be invested. But investing in crypto alone is a big risk.
Thus, we are all cryptoinvestors with both feets in the whirlpool
.
The difficulty is that many people do not have the money to distribute them across different industries. To invest in the stock market, you need to have +X000$$$. Therefore, people are switching to crypto market, where even $10 can already be invested. But investing in crypto alone is a big risk.
Thus, we are all cryptoinvestors with both feets in the whirlpool
.
Nobody should forget about the funds diversification law. You should always have minimum three wallets where you are holding your tokens and at least 3-4 exchanges, because if something gets hacked, you still have a chance of not harming your portfolio.
Certainly, diversifying your money among a few coins will reduce the risk of losing. But, there are times when you do not escape from losing, and in order to avoid regret in the future you should always act considering this.
Good advice of course, but that applies to any decision when putting in your money. Always diversify and always know the risk you're putting up, and more importantly, never invest with money you can't afford to lose. This last part is I guess the most important and yet the most ignored. People keep putting money they THINK will grow, even though they know the risk is that they could lose it. And in crypto risk of losing it ALL is very real!
thanks for ur add up, we all need to be cautious of whatever we do and never regret any decisions but rather make uniform resolutions from them Every individual has his own preference on how to take the risk. Here in crypto, the risk is real. Your money would be gone in just seconds literally. Have experienced that one earlier today on one of the coins but then again, that is my decision to take the risk but i failed and i should learned that one.
That said Is very true, we always learn through experience
it is risky putting all your eggs in basket because you will easily get burnt. but folks said that there is "the hard way and the only way" most successful business men in the game risk everything on one basket while many lost their all.
i think we all should be careful in our investments. follow your instinct and never regret your decision.
i think we all should be careful in our investments. follow your instinct and never regret your decision.
Good advice of course, but that applies to any decision when putting in your money. Always diversify and always know the risk you're putting up, and more importantly, never invest with money you can't afford to lose. This last part is I guess the most important and yet the most ignored. People keep putting money they THINK will grow, even though they know the risk is that they could lose it. And in crypto risk of losing it ALL is very real!
Every individual has his own preference on how to take the risk. Here in crypto, the risk is real. Your money would be gone in just seconds literally. Have experienced that one earlier today on one of the coins but then again, that is my decision to take the risk but i failed and i should learned that one.
Every effort in this life involves risk. This risks are classified into two main categories, low risk and high risk!
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
Of course, in other words we should not put all our investment in cryptocurrency into one coin. Dividing it into many as long as we know it has potential profit.
Every effort in this life involves risk. This risks are classified into two main categories, low risk and high risk!
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
To invest in a coin or any other project has more than just to think of buying and selling on exchanges
Every coin is a potential coin to expand if only It has the support of community and investors.
So I urge us all to invest with our instincts, never for once may we judge a swimmer by him standing only at the banks of a river. So take a risk, make a session and may it work for you.
My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
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