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Topic: Investment in a wrong way - page 2. (Read 875 times)

legendary
Activity: 2100
Merit: 1058
July 21, 2020, 10:29:54 AM
For those newbie in cryptocurrency in all certain platform, if you want to invest your money first, you have to think and conduct a research regarding on why do you want to invest your money. For you to be able to gain a good profit and to avoid the losing of your capital. Hence, there are some people who have insufficient knowledge in trading, investment etc.
Lack of knowledge is always a problem everywhere not just in trading and investment of cryptocurrency. If you are equipped with enough knowledge then you can handle everything perfectly in terms of making profits for you. Making yourself knowledgeable against cryptocurrency investment is not a big thing if your capable of making use of your time going through breadth and width of this forum.

I am very much sure that anyone can avoid investing in a wrong way with the help of this forum. Because, there are a lot of helping people here they are taking all their time to help you to avoid a wrong investment and also will guide you to get into the perfect investment opportunity which is known for getting you 10x profits in next one or two two years of holding. One such opportunity is investing with bitcoins and all bitcoin investment cannot go wrong in long term perspective.
hero member
Activity: 2296
Merit: 953
Temporary forum vacation
July 21, 2020, 09:54:35 AM
One good way of Investments that I have seen from lots of experienced traders, they spread their investments. They do not fully commit to a single Cryptocurrency since it has the risk of going downhill like other Cryptos too. They just trust their gut feeling and believe in whatever decision that they have made.

What are you talking about here now though? Traders spreading their investments? But traders trade (buy and sell) they do not invest. Spreading your risk in crypto/altcoins is also a bit meaningless. You either have it all in Bitcoin, or you have some in alts, and spreading your basket too thin is pretty pointless when all alts rely on Bitcoin anyway.
sr. member
Activity: 1792
Merit: 264
July 21, 2020, 09:26:23 AM
most of them are not careful in investing the money they have in the sites they choose, they are too hasty because they only expect the benefits to be gained and do not dig deeper into the risks of what they will face later. lack of experience and lack of knowledge in investing in crypto will certainly have a greater impact on the risk of loss
sr. member
Activity: 1188
Merit: 251
July 21, 2020, 08:28:14 AM
thinking alone will not get results without doing practice so it must be balanced with making decisions.
Say you think and predict very well but doubt when going to take a decision, is tantamount to doing nothing.
failure or defeat is natural in trading, but must continue to be sharpened and corrected.
sr. member
Activity: 1092
Merit: 284
July 21, 2020, 08:00:08 AM
many beginner investors are too ambitious and impatient, so they are wrong in choosing coins to invest, for novice investors must know in advance the ins and outs of the coins you want to invest so as not to experience a large loss.
Agree, they only think of large profits in the short term without thinking about the risks involved. The risk here might be to lose a lot of money in a short time because it might be a scam project and lose competitiveness with others. Therefore always be careful when investing and don't expect too much profit.
People are only greedy with profit alone and don't even see the risks they face, a beginner will definitely do this and ambitious what they want with these short-term benefits.
Now many become shitcoin.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
July 21, 2020, 05:32:39 AM
There is always a risk behind investing, but as long as we can know how to prevent the risk or minimize the risk, we can try to invest. But the important thing that we must know is we need to have to allocate money that is not used for anything, so if something worst happens, we don't feel too sad. I agree that we also need the patience to wait for the price to touch our target price so we can sell the coin and make a profit.
The most important thing is we should know what we are into, many investors are just putting their money because their guts say so or there is someone told to do so. Our decision in investing should base on facts and legit information, for those who still making investment in different projects; I think it is better if you will lessen the allocation because are too high now. The money that we will put in a specific investment is the money that we can lose for us to have not emotional attachment when we lose it.

Most people invest their money because they follow other people's suggestions instead of research by themselves. That is the first mistake because when they invest in the crypto, they need to find the right project by research. Besides that, they use the money without knowing how much the money that they should use to invest in crypto. And when the project fails to reach their goals, they will lose their money, which will hard for them to get their initial money. We need to consider the money that we use so we can prevent the big loss.
copper member
Activity: 1106
Merit: 0
July 21, 2020, 03:57:27 AM
In case of investment, everything has to be seen and heard first. It is true that you may not know anything at first. In this case you have to invest after seeing and hearing everything first and then understanding everything first. There will be both profit and loss in your investment but I am hoping for your profit.
sr. member
Activity: 1190
Merit: 257
July 21, 2020, 03:45:46 AM
many beginner investors are too ambitious and impatient, so they are wrong in choosing coins to invest, for novice investors must know in advance the ins and outs of the coins you want to invest so as not to experience a large loss.
Agree, they only think of large profits in the short term without thinking about the risks involved. The risk here might be to lose a lot of money in a short time because it might be a scam project and lose competitiveness with others. Therefore always be careful when investing and don't expect too much profit.
member
Activity: 559
Merit: 48
July 21, 2020, 03:32:31 AM
So, always choose the top50 coins for the investment and find the most stable like coin like the BNT, IOTA, XRP etc. for your investment.

Why only from top50? Any altcoin can be selected for invest, but without a proper research it will be a waste of money. There are lots of altcoins that were in top50, but now are not there anymore. Nexo, Banker, Lisk - these 3 for example were in top50. IOST was in top30 for a long time, now this alt is heading to +100 place and dropping in price.

There is an another side of this situation. How this coin top is generated? By total amount traded. There are lots of alt below top200, that made x2 minimum in last month. Example - Ferrum Network. Its price went from $0.01 to $0.05 in two months and this altcoin is on 511 place according to coinmarketcap.
member
Activity: 1078
Merit: 10
July 21, 2020, 03:17:47 AM
It is very silly to invest in any projects if you are newbie. You need some time to get a deep knowledge about crypto projects in order not to invest in useless coins.
full member
Activity: 649
Merit: 100
July 21, 2020, 03:04:09 AM
In life there is theoretical knowledge and there is practical science. both must be balanced. mistakes from investing occur because of ignorance. because if you are still determined to invest without knowledge, how it's a project, risk, team, prediction, or anything else, then there is only one solution. i.e. luck. if you are lucky then you get profit. just luck? oh ....  Undecided
full member
Activity: 449
Merit: 103
Decentralized Ascending Auctions on Blockchain
July 21, 2020, 02:50:29 AM
For me, investing in cryptocurrency is only for those who are willing for the long term. Because the history of Bitcoin as the first crypto continues to increase every year.
So sorry but I have to disagree with you! Investing in the cryptocurrency market is not necessarily about long-term profits. We are completely able to set short-term goals in this market. It all depends on your goals. If you are an investor then yes you will be more interested in long-term goals, but if you are a trader you can do both short-term trading and long-term trading. For example, due to the volatile market condition like the past few months, most people choose to do daily trading in order to earn profits instantly!
member
Activity: 287
Merit: 10
July 21, 2020, 02:24:15 AM
For me, investing in cryptocurrency is only for those who are willing for the long term. Because the history of Bitcoin as the first crypto continues to increase every year.
full member
Activity: 1750
Merit: 118
July 21, 2020, 01:12:55 AM
Investment should always be considered because any coin can be reduced when news comes out.
not all coins are going to decreased thier value on every news that goes out but it depends  . good news usually have a good effect on the value but bad does have a bad effect too  . that is why investment isnt considered or necessary but you shall only invest if your free from financial issues or debts  .

I always use all my knowledge to research and this has helped me to minimize a lot of investment risks.
using our basic knowledge to search for more knowledge based on our investment is a must for every investors   . this can also avoid you to loose more than your expectation of minimizing your risk
copper member
Activity: 798
Merit: 3
July 21, 2020, 12:56:45 AM
If, anyone who is newbie taking the decision for the investment for the crypto asset then he should be first of all aware of the risk in the crypto sector. You don't believe that how volatile is the crypto and the unpredictable. So, always choose the top50 coins for the investment and find the most stable like coin like the BNT, IOTA, XRP etc. for your investment.
full member
Activity: 407
Merit: 100
DIA | Data infrastructure for DeFi
July 21, 2020, 12:48:41 AM
For those newbie in cryptocurrency in all certain platform, if you want to invest your money first, you have to think and conduct a research regarding on why do you want to invest your money. For you to be able to gain a good profit and to avoid the losing of your capital. Hence, there are some people who have insufficient knowledge in trading, investment etc.

There is only one bottom line reason why we want to invest our money into cryptocurrency or bitcoin. And that is We want our capital produce profit nothing else. But I do agreed that we  need to check the coin we like to buy so that our investment will not be turn into waste of course. Proper knowledge I think is enough to say for us to obtain earnings.
Investment should always be considered because any coin can be reduced when news comes out. In addition, it is necessary to have a reasonable investment strategy and be really wise to buy because if you choose the wrong coin, you will likely lose money. I always use all my knowledge to research and this has helped me to minimize a lot of investment risks.
sr. member
Activity: 685
Merit: 250
July 20, 2020, 10:31:08 PM
For those newbie in cryptocurrency in all certain platform, if you want to invest your money first, you have to think and conduct a research regarding on why do you want to invest your money. For you to be able to gain a good profit and to avoid the losing of your capital. Hence, there are some people who have insufficient knowledge in trading, investment etc.

There is only one bottom line reason why we want to invest our money into cryptocurrency or bitcoin. And that is We want our capital produce profit nothing else. But I do agreed that we  need to check the coin we like to buy so that our investment will not be turn into waste of course. Proper knowledge I think is enough to say for us to obtain earnings.
sr. member
Activity: 337
Merit: 250
July 20, 2020, 10:26:35 PM
Investing comes with lots of risks which is why we need to make that decision wholesomely. We need to be determined that whatever the outcome is, we must take it. One good way of Investments that I have seen from lots of experienced traders, they spread their investments. They do not fully commit to a single Cryptocurrency since it has the risk of going downhill like other Cryptos too. They just trust their gut feeling and believe in whatever decision that they have made.
That will be a great lesson every time you lose money in this market and no one can avoid the risk when investing in this market.

Instead of being disappointed in what's happening, you should add new knowledge as it will help you a lot in other investments. I always believe in my decisions but will change it if that plan cannot help me to succeed when investing.
sr. member
Activity: 952
Merit: 274
July 20, 2020, 09:05:07 PM
#99
Making a research really helps and minimize the possible loss but sometimes our research results are not always correct but it is better than doing nothing. Also, investing in crypto is not always about the facts. Yes, maybe you find out that some legit crypto like Bitcoin, ETH. But it does not means that you will earn from that automatically, crypto are moving up and down if you have weak hands you might lose everything, So patience is important here too.

There is always a risk behind investing, but as long as we can know how to prevent the risk or minimize the risk, we can try to invest. But the important thing that we must know is we need to have to allocate money that is not used for anything, so if something worst happens, we don't feel too sad. I agree that we also need the patience to wait for the price to touch our target price so we can sell the coin and make a profit.
The most important thing is we should know what we are into, many investors are just putting their money because their guts say so or there is someone told to do so. Our decision in investing should base on facts and legit information, for those who still making investment in different projects; I think it is better if you will lessen the allocation because are too high now. The money that we will put in a specific investment is the money that we can lose for us to have not emotional attachment when we lose it.
sr. member
Activity: 1484
Merit: 277
July 20, 2020, 07:36:20 PM
#98
For those newbie in cryptocurrency in all certain platform, if you want to invest your money first, you have to think and conduct a research regarding on why do you want to invest your money. For you to be able to gain a good profit and to avoid the losing of your capital. Hence, there are some people who have insufficient knowledge in trading, investment etc.

thats right, people should know some reasonable reason before they drop their money in any cryptocurrency
because without any reasonable reason or just follow the words from the others people, thats too risky mate
and try to learn about how to invest correctly

Most situations that attracts every investors to risk their money on a specific project cryptocurrency, is the platform that promised huge returns. Project manager who usually promotes a project, always look forward for positive outlook on their products regardless of how the outcome will be. Most importantly, as investor we should dig deeper on what type of community you're part with.
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