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Topic: Fear of failure in crypto investment? here are tips for you. (Read 211 times)

sr. member
Activity: 532
Merit: 250
I think failure in trading and holding is very normal just like success but if you can end up scammed or hacked that's really bad, you should be careful about scams and exchanges that you use, better to use decentralized exchanges which are secure and have more potential, with respect to investment they are also good. OAX may be the best one.
newbie
Activity: 98
Merit: 0
When i started to invest into cryptocurrency, I was used to putting all my money into one coin so i lost always when that coin fails to spike within my speculated time. In fact, i near.l stopped investing but was advised to make diverse investment so that i don't become affected with prices and fluctuations. 
sr. member
Activity: 700
Merit: 300
Do not diversify too fast is something new that I am reading here and I agree upon that. This is because of the altcoins that are coming to the market are wide range and can be more or less good than what we have currently in our portfolio. It is always good to have coins which are more active, with greater volume and also with working products. Many times we invest heavily in the coins which are not having all these qualities and later in the time if new coin generated is having such quality then it might get difficult to spare our money from the previously invested coins and then re-inevst it. So yeah I believe that diversification should be done with at most care.
legendary
Activity: 1176
Merit: 1024
Hey OP, thanks a lot for your time. In the past, many people have come up stuff like this still the cry put through out this forum is not reduced as people do read tips like this but never make use of them in life  while investing. I am afraid that every investor want to learn their own lesson as we are all ignorant of what others suggest to follow and what others emphasize to avoid.

Probably not remembering these kind of tips at required times or completely forgetting after sometimes could be the reasons. Experiences will save us only when we remember them similarly good tips also useful only when we remember them and apply them at high times.
full member
Activity: 420
Merit: 110
Crypto Investment. Entering the world of cryptocurrency can be like visiting Oz Land - once you step through that door, everything is different. If you are a beginner of crypto trading, you will learn too quickly that you are not in Kansas anymore, so here is a way to avoid the top 5 mistakes that new traders often make.

Do not Diversify Too Fast
You may have been told never to put your eggs in one basket when it comes to your investment portfolio, but in the world of digital currency trading, it is possible to have too much diversification, and too soon.

The reason you need to slow down your roll in these circumstances is that the current digital currency landscape is that it's kind of similar to the Wild West - there are so many altcoins out there now so it's almost impossible to know which ones are legitimate and which ones are not.

The trick is to research and select widely distributed coins with high market capitalization and trading volumes that have shown their longevity. Start with Bitcoin, of course, but then choose one or two altcoins at first until you have the experience under your belt.

Do not Spend Too Much Trading Time
This sounds contrary to intuition, but it is possible to end up making a profit less by trading constantly. New crypto traders often become very passionate about the digital currency market they spend every moment while watching price fluctuations and trying to find the perfect trade, but it can be really exhausting in a hurry.

You need to muffle that passion with wisdom. The crypto market is so active that even if you lose what looks like an amazing opportunity to make a profit, they will be the next five or ten who are just waiting for you. Trading when you're tired can cause stupid mistakes because you think emotionally and not logically.

Do not panic
The altcoin scene is very unstable. This can create a lot of uncertainty in the hearts of a novice trader, and it can easily arouse panic and fear in your stomach - which is the worst emotional state while in the trade.

Just like trading when you're tired from spending too much time watching the market can be a disaster, making trading decisions because you feel panicked about your investment can be a bad choice. Although there is nothing wrong with believing your courage, never make a decision based on panic and fear.

Do not Fall For Fraud
The natural tendency for crypto investors is to identify new altcoins with growth potential, invest heavily while still cheap to do so, and then reap the rewards as their value increases. That said, the altcoin market is growing so fast that many new digital currencies that hit the market may not be a good long-term investment.

It may be painful to be cautious when it comes to investing in new altcoins as they enter the market, but doing so protects you from engaging in fraud in the making. Littered by a pump-and-waste scheme - something that often happens in the world of cryptocurrency - can make you not see your investment lost overnight.

Worse is the exclusive altcoin that is only available through a closed system. These coins - usually pre-mined by the company that created them - can only be traded in the company's closed system, and are particularly vulnerable to value manipulation. Be cautious before investing in any of these altcoin types.

Do not Choose The Wrong Exchange
Just as the amount of altcoins entering the market grows exponentially, the number of cryptocurrency exchanges you can trade in this currency also increases.

The problem is that not every new exchange is created equal; new and untested exchanges can turn into nightmares if they do not honor the withdrawal or become inaccessible at the wrong time.

Begin your crypto trading career with a long and respected exchange, which supports a large number of established digital currencies. Although you seem to miss the opportunity by doing this, keep in mind that the ability to recover cryptocurrency from unknown, unreliable companies can be impossible.

Watch Your Steps & You Will Not Fall
The world of cryptocurrency trade is alternately interesting, exhilarating, and frightening. You do not want to end your crypto trading career before it even begins, so make sure you take conservative risks until you get more experience.

Students can easily fall through this very complicated world gap, especially when it comes to altcoin - and skipping this trap is even more likely if you're inexperienced. However, these five tips will help you navigate this cloudy water and get out of the other side without losing your shirt.
Those are some really good tips to succeed in cryptocurrency market. I would like to mention one more. I think a very common mistake that many people make while buying cryptocurrencies, especially the newbies, is that they look out for crashed coins. I mean we should buy the coins when its price is low but that should not be the only decision criteria. It is not necessary that a coin that goes down always comes up.
full member
Activity: 512
Merit: 100
Very good tips for beginners for crypto investing, looking for income from crypto is indeed very difficult but if we already know the tips will surely be successful for crypto investing
member
Activity: 252
Merit: 10
That is a very descriptive article and can be good help for many new comers. I guess I like your point regarding spending too much time over the trading. My take on that is something similar to you and I dont like spending too much time with it either. The reason for me is, it can end up having too condensed trades and we may not come out of the trade when the time is right or wrong. We always need to chase the trades but it doesn't mean that we should be sticking around it forever. Many people go 24*7 for it which is completely insane. One must be careful about the time in that regard then only one can get success in the trading. You have to be their at right time not for long time.  Smiley
You have mentioned quite well the details for those who fear failure. Most of the new entrants to them are in a hurry and do not invest time to find out. It also takes time to find out what the new dare to make decisions. When knowledge and experience are sufficient, then we dare to enter the market. When participating, then smart investment to reduce the risk. Do not be greedy and need a certain stop.
newbie
Activity: 30
Merit: 0
Maybe you are right, in my opinion you should have a backup because the market price is volatile and that is why it is so dangerous and instead it is highly profitable.
jr. member
Activity: 55
Merit: 5
My one cent of opinion on the above topic, Crypto investment have some degree of Risk, it is the same amount you put in as to the Value of Risk factor. one should learn the Fundamentals, Market structure, market trends, market stability, above all one should learn to be PATIENT and know the right timing to invest in the market. i follow this simple principle.."Buy low and Sell High".
I agree with your opinion. Yes, all investors should know and be prepared to take any risk, if not trained or I mean before they take the step of investing, first to learn what the investment and the impacts are given when investing, with which they will have no trouble and little chance reducing the risk that investors will bear.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
How about for those newbies that tried that tip and haven't got any good gains yet?
Lots of potential investors who have a point of view about investment as a way to profit without risk. Extreme, they just want a profit only and do not want any losses. Indeed, all businesses including investments, all wanting big profits. It should be noted, however, that in the world of investments, the advantages and risks of losses are like two sides of an inseparable and complementary currency.

That is, investors can not invest then only expect profit only without understanding the risk of loss. Investor risk is a certainty in the investment world, but with tips on risk management, you can minimize the number of losses and grow a lot of profits. Here you need to learn about risk management in the world of investment properly.

There are many ways to minimize losses in the investment world. Of course, the thing that must be known is about the investment world itself. Then, learn about the risks that can arise. Here's a little explanation of some important points about risk management:

• Determine the time the investment starts from short, medium and long term.
• Determine assets such as property, intellectual property, commodities, real business and others.
• Geographical or dispersal of investment venues such as some areas or locations.
• Do not forget to share. In the income you earn, there is certainly someone else's right in it. Finish 1/3 result or a few percent for those in need  Wink

And also do not be too confident to take big risks. It's important to note either beginner investor or even professional class. Too confident that taking the risk is too great a mistake in the investment world. OK, taking the risk can be one way to break the deadlock when your investment is not growing, but the risk is too high and self-confidence can not be stopped, could trigger the destruction of your investment business.

An expert says, in the world of investing, you must understand when is the right time to invest with full power and when the right time to brake so you do not slide far down. This is an important message. So, for example for those of you who do not have the capital to invest, unsecured credit loans can be a solution, but be aware of interest rates, especially if high interest, then the risk of business collapse has been targeting you from the beginning you build this investment business. So look for a source of funds or capital that is safe for future investment.

 My one cent of opinion on the above topic, Crypto investment have some degree of Risk, it is the same amount you put in as to the Value of Risk factor. one should learn the Fundamentals, Market structure, market trends, market stability, above all one should learn to be PATIENT and know the right timing to invest in the market. i follow this simple principle.."Buy low and Sell High".







jr. member
Activity: 55
Merit: 5
How about for those newbies that tried that tip and haven't got any good gains yet?
Lots of potential investors who have a point of view about investment as a way to profit without risk. Extreme, they just want a profit only and do not want any losses. Indeed, all businesses including investments, all wanting big profits. It should be noted, however, that in the world of investments, the advantages and risks of losses are like two sides of an inseparable and complementary currency.

That is, investors can not invest then only expect profit only without understanding the risk of loss. Investor risk is a certainty in the investment world, but with tips on risk management, you can minimize the number of losses and grow a lot of profits. Here you need to learn about risk management in the world of investment properly.

There are many ways to minimize losses in the investment world. Of course, the thing that must be known is about the investment world itself. Then, learn about the risks that can arise. Here's a little explanation of some important points about risk management:

• Determine the time the investment starts from short, medium and long term.
• Determine assets such as property, intellectual property, commodities, real business and others.
• Geographical or dispersal of investment venues such as some areas or locations.
• Do not forget to share. In the income you earn, there is certainly someone else's right in it. Finish 1/3 result or a few percent for those in need  Wink

And also do not be too confident to take big risks. It's important to note either beginner investor or even professional class. Too confident that taking the risk is too great a mistake in the investment world. OK, taking the risk can be one way to break the deadlock when your investment is not growing, but the risk is too high and self-confidence can not be stopped, could trigger the destruction of your investment business.

An expert says, in the world of investing, you must understand when is the right time to invest with full power and when the right time to brake so you do not slide far down. This is an important message. So, for example for those of you who do not have the capital to invest, unsecured credit loans can be a solution, but be aware of interest rates, especially if high interest, then the risk of business collapse has been targeting you from the beginning you build this investment business. So look for a source of funds or capital that is safe for future investment.
member
Activity: 308
Merit: 10
The only tip that I will share to you and is very effective is when you invest, you just invest your extra money. Not most, or all of your money because it is too risky. If just your extra money, you wont be worried if it will return or not. Cause it's only extra.

Yes you are right, you should always have a back up because the market price is volatile and that is the reason why it was very risky and was profitable as well.
jr. member
Activity: 55
Merit: 5
Thank you for your compliments, I am very impressed, Few tips for investors, if you already have a picture of a company that you want to enter as an investor, look for and read in detail whether there is a bad reference about the company or not. Consider the company that offers the investment for you. It would be safer if you invest in a company that already has a name. But well-known companies are not necessarily promising. Therefore you should pay attention to other matters related to the investment.

Do not be easily tempted by a "WOW" profit offer or tend to be unnatural. Investment usually uses interest in the calculation of the profits. Notice the magnitude of the investment. the range of interest given usually will not be too much with the interest of banks in general. Fraud under the guise of investments usually offer very high interest even 200% of bank interest. If that is the case, then you need to suspect it.

If you are unsure about how to calculate a reasonable investment, invite or if it is necessary to lease out the acquaintance you trust where the person understands about the investment.

Ensure that the person / company making such an investment offer has a license as designated by one of the authorized institutions.

Do not be in a hurry, that means do the investment slowly but surely. Do not 'mentang-mentang' tempted by the benefits offered, you then in a hurry to give your money without thinking and hope will profit multiply from the money you deposited it. Wrong-wrong, the money is apparently missing and high expectations, can be dangerous for yourself. Make the investment you want if everything you have prepared from the start of the possibility of profit to the risk that you may experience. Good luck  Wink
newbie
Activity: 46
Merit: 0
Do not Choose The Wrong Exchange
Just as the amount of altcoins entering the market grows exponentially, the number of cryptocurrency exchanges you can trade in this currency also increases.

The problem is that not every new exchange is created equal; new and untested exchanges can turn into nightmares if they do not honor the withdrawal or become inaccessible at the wrong time.

Begin your crypto trading career with a long and respected exchange, which supports a large number of established digital currencies. Although you seem to miss the opportunity by doing this, keep in mind that the ability to recover cryptocurrency from unknown, unreliable companies can be impossible.
This is a very valuable tip. Most people lost their investment recently through the fraudulent OctaEx exchange platform which just shut down. I am sure there are still some fraudulent exchanges out there just bidding their time. I advice people to be very careful with the new exchanges.
sr. member
Activity: 714
Merit: 252
That is a very descriptive article and can be good help for many new comers. I guess I like your point regarding spending too much time over the trading. My take on that is something similar to you and I dont like spending too much time with it either. The reason for me is, it can end up having too condensed trades and we may not come out of the trade when the time is right or wrong. We always need to chase the trades but it doesn't mean that we should be sticking around it forever. Many people go 24*7 for it which is completely insane. One must be careful about the time in that regard then only one can get success in the trading. You have to be their at right time not for long time.  Smiley
newbie
Activity: 112
Merit: 0
The market is looking like this these days because people fear that the decision of SEC on ETFs will collapse the industry. So everyone is afraid to invest and we keep complaining of low prices,low trading volumes etc.But the bold and seasoned investors will surely make it .This is because cryptocurrency has been there before without SEC or ETFs so why are we all lack faith and fear too much.Let's get out there and change this.Shake the fears off at once.
member
Activity: 406
Merit: 37
InternetLIFT.ru
Of all the advice you offer, I remember and I can agree with:
Investing is a risk!
You need to invest free money!
You can not use borrowed money for long-term investments!
You need to spend more than 200 hours studying the topic of cryptocurrency to start investing in cryptocurrency.
jr. member
Activity: 196
Merit: 6
🚀🚀 ATHERO.IO 🚀🚀
The only tip that I will share to you and is very effective is when you invest, you just invest your extra money. Not most, or all of your money because it is too risky. If just your extra money, you wont be worried if it will return or not. Cause it's only extra.
jr. member
Activity: 55
Merit: 5
Crypto Investment. Entering the world of cryptocurrency can be like visiting Oz Land - once you step through that door, everything is different. If you are a beginner of crypto trading, you will learn too quickly that you are not in Kansas anymore, so here is a way to avoid the top 5 mistakes that new traders often make.

Do not Diversify Too Fast
You may have been told never to put your eggs in one basket when it comes to your investment portfolio, but in the world of digital currency trading, it is possible to have too much diversification, and too soon.

The reason you need to slow down your roll in these circumstances is that the current digital currency landscape is that it's kind of similar to the Wild West - there are so many altcoins out there now so it's almost impossible to know which ones are legitimate and which ones are not.

The trick is to research and select widely distributed coins with high market capitalization and trading volumes that have shown their longevity. Start with Bitcoin, of course, but then choose one or two altcoins at first until you have the experience under your belt.

Do not Spend Too Much Trading Time
This sounds contrary to intuition, but it is possible to end up making a profit less by trading constantly. New crypto traders often become very passionate about the digital currency market they spend every moment while watching price fluctuations and trying to find the perfect trade, but it can be really exhausting in a hurry.

You need to muffle that passion with wisdom. The crypto market is so active that even if you lose what looks like an amazing opportunity to make a profit, they will be the next five or ten who are just waiting for you. Trading when you're tired can cause stupid mistakes because you think emotionally and not logically.

Do not panic
The altcoin scene is very unstable. This can create a lot of uncertainty in the hearts of a novice trader, and it can easily arouse panic and fear in your stomach - which is the worst emotional state while in the trade.

Just like trading when you're tired from spending too much time watching the market can be a disaster, making trading decisions because you feel panicked about your investment can be a bad choice. Although there is nothing wrong with believing your courage, never make a decision based on panic and fear.

Do not Fall For Fraud
The natural tendency for crypto investors is to identify new altcoins with growth potential, invest heavily while still cheap to do so, and then reap the rewards as their value increases. That said, the altcoin market is growing so fast that many new digital currencies that hit the market may not be a good long-term investment.

It may be painful to be cautious when it comes to investing in new altcoins as they enter the market, but doing so protects you from engaging in fraud in the making. Littered by a pump-and-waste scheme - something that often happens in the world of cryptocurrency - can make you not see your investment lost overnight.

Worse is the exclusive altcoin that is only available through a closed system. These coins - usually pre-mined by the company that created them - can only be traded in the company's closed system, and are particularly vulnerable to value manipulation. Be cautious before investing in any of these altcoin types.

Do not Choose The Wrong Exchange
Just as the amount of altcoins entering the market grows exponentially, the number of cryptocurrency exchanges you can trade in this currency also increases.

The problem is that not every new exchange is created equal; new and untested exchanges can turn into nightmares if they do not honor the withdrawal or become inaccessible at the wrong time.

Begin your crypto trading career with a long and respected exchange, which supports a large number of established digital currencies. Although you seem to miss the opportunity by doing this, keep in mind that the ability to recover cryptocurrency from unknown, unreliable companies can be impossible.

Watch Your Steps & You Will Not Fall
The world of cryptocurrency trade is alternately interesting, exhilarating, and frightening. You do not want to end your crypto trading career before it even begins, so make sure you take conservative risks until you get more experience.

Students can easily fall through this very complicated world gap, especially when it comes to altcoin - and skipping this trap is even more likely if you're inexperienced. However, these five tips will help you navigate this cloudy water and get out of the other side without losing your shirt.
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