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Topic: Just a quick warning - page 11. (Read 1959 times)

sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
January 05, 2020, 03:57:29 AM
#73
Spending and betting all on a single coin is a big mistake I don't wanna make, what happens if the coin failed? End of story, for better or higher chances of winning it's always good to have different coins in your portfolio
True, if someone wants to get a lot of profit, then he must have some good coins, not just one coin, because it will be very disappointed if the coins he has failed to develop.
sr. member
Activity: 630
Merit: 265
January 05, 2020, 03:44:40 AM
#72
No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart 
We can't really make everyone to stop investing in new project nowadays because they are really aiming and dreaming to become rich one day with the help of cryptocurrencies, that is why they keep taking the risk even they are not really sure about it. We should be guiding every crypto users that they should be aware in scams, so that scam projects would stop.
sr. member
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
January 05, 2020, 03:40:15 AM
#71
No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart  
This bear market is very bad, so for now it is risky all eggs in one basket. In bull market no need any quick warning. You also know that depends on market situation we are gathering our decision. I want to say wait for halving this year and Ethereum 2.0 altcoins are relying on it.
Dont invest in one basket, only invest you can afford to lose, dont fall in love with single coin, are suitable for any market situation
it is needed for risk management that we should do in any investment
especially in high risk investment like cryptocurrency, mate.
sr. member
Activity: 784
Merit: 251
https://raiser.network
January 05, 2020, 02:53:54 AM
#70
No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart 

Everyone is already stored it in their brain, although there is still victimized on this scheme's but we are sure that the percentage of victims will not rise because of all users who reminded the new users. but the scam developers are not resting to make new scheme's they are improving too so still be vigilant be wise enough to not being fall as a prey of this humbug.
sr. member
Activity: 1036
Merit: 281
January 05, 2020, 02:41:38 AM
#69
That's the basic concept of any business and investments but at the same time we need to consider the fact that too many cooks spoils the food, I have seen people investing in numerous altcoins and ending up losing on all of them. We need to look at all the possibilities but at the same time we need filter our own choice rather than investing in too many projects by limiting it to few.
That is normal to see many projects that keep saying promises but they failing to meet it. As time passing by, the success rate of the projects nowadays are keep decreasing because investors are now losing their trust. We should be aware that even the team behind the project promised, it may not happen and the possibility that it can become true is only small so we should be careful.
sr. member
Activity: 1638
Merit: 261
January 05, 2020, 02:23:48 AM
#68
That's the basic concept of any business and investments but at the same time we need to consider the fact that too many cooks spoils the food, I have seen people investing in numerous altcoins and ending up losing on all of them. We need to look at all the possibilities but at the same time we need filter our own choice rather than investing in too many projects by limiting it to few.
sr. member
Activity: 1372
Merit: 252
January 05, 2020, 02:20:38 AM
#67
No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart 
That's right, don't just invest in one coin or you can say don't just depend on your income from only one coin because when the coin falls and the price keeps decreasing then all you get is loss. Sometimes we also have to have a strategy to determine which coins we will buy and invest in several coins can also help us to avoid loss if one of our coins has decreased so we still have reserves of other coins that can provide us with income or arguably the can cover losses from our other investments.
hero member
Activity: 1932
Merit: 506
Betking.io - Best Bitcoin Casino
January 05, 2020, 02:11:40 AM
#66
No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart 
That is how the crypto works, you need to be wise in order to gain a good amount of profit or else you will just lost your hard earned money either you can afford to lost it or not.

There are plenty of promising projects therefore if you have good amount of spare money, separate it to at least 5 currencies that you like and make sure that they rank higher so you can lessen the risk of your investment. Don't give too much effort into a single currencies as even bitcoin also drops it's price what more the other currencies. But right now, it's a good time to buy and hold for a long term as the market will surely recover again.
member
Activity: 490
Merit: 19
January 05, 2020, 12:39:51 AM
#65
Spending and betting all on a single coin is a big mistake I don't wanna make, what happens if the coin failed? End of story, for better or higher chances of winning it's always good to have different coins in your portfolio
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
January 04, 2020, 11:54:48 PM
#64
This is one of the reasons why some investors are stuck with a coin. I also had been left out by a project before which I think has a good potential and had lost a lot of opportunities investing in other coins because of it. The project was good and has a working product, active team, development and a sold out crowdfunding stage, but the price of the coin kept on dipping until it almost cost really cheap compared to it's ICO price. Take what you can while you can and move on to a other project.
full member
Activity: 2324
Merit: 175
January 04, 2020, 11:43:56 PM
#63
No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart 

I'm sure by now investors know all of these, investing in Cryptocurrency requires a lot of studies not only on how to create your wallet, protecting your coins and properly managing it, to avoid hacking and of course picking and getting the right coin to invest, if you don't know much about this, better start learning first.
legendary
Activity: 2982
Merit: 1028
January 04, 2020, 11:36:21 PM
#62
Yes you are right. In this industry we need to be smart. Because like you said even the project's offer is too good it is always risky. All we know that number of scam and fraud cases are continue to increase so you might be more smart to avoid that kind of hassle. Always have a research before dealing in any project or activity.
Doing you in depth studies and proper understanding with new projects is very needed in order to avoid or lessen the potential risk for your investment. Not just because the project is offering something that realistic or achievable it doesn't count to relied your trust right away. Always find time to do your
own research and check if all the qualifications according to your own analysis are being filled up. Never to rush you always have the right time if you
observe and research properly.
member
Activity: 476
Merit: 12
January 04, 2020, 11:29:16 PM
#61
Yes you are right. In this industry we need to be smart. Because like you said even the project's offer is too good it is always risky. All we know that number of scam and fraud cases are continue to increase so you might be more smart to avoid that kind of hassle. Always have a research before dealing in any project or activity.
sr. member
Activity: 756
Merit: 251
January 04, 2020, 10:58:58 PM
#60
No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart 

Same old same old advice. They never die. You know why? Because people still need them. They are still doing the opposite.

It is better to treat all projects, especially new ones, scam or failure until proven otherwise. And when they prove to be legit and their prices rise above, sell yours, it will not probably last.

Lastly, keep only your Bitcoin and top altcoins.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
January 04, 2020, 10:50:47 PM
#59
No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart 

Yes, very good.
That is how it should be.

Dig as long as you can and find out even just a glimpse of a scam.
When you find it then stop for a second, realize what could happen if you bought it first.
You saved yourself from all the stress that will happen in the long run.

Rushing everything will not get you anywhere.

I guess I have learned that lesson a long time ago. Honestly, I am not looking for any project anymore to invest. Sometimes even if it is promising, you have no assurance when will your money get back or if it will ever get back. Though there are still great projects out there, but I just stick to bitcoin and eth for now. At least I am sure that they are in the market and will not be gone anytime soon.
hero member
Activity: 3052
Merit: 651
January 04, 2020, 10:31:50 PM
#58
No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart 

Yes, very good.
That is how it should be.

Dig as long as you can and find out even just a glimpse of a scam.
When you find it then stop for a second, realize what could happen if you bought it first.
You saved yourself from all the stress that will happen in the long run.

Rushing everything will not get you anywhere.
member
Activity: 210
Merit: 10
January 04, 2020, 10:29:27 PM
#57
yea
just keep investing a little amount every month
dont rush to invets everything in 1 shot because you dont want to miss out
read books about investing, to learn from others mistakes
there are plenty good ones
such as "a random walk down wallstreet"
a great book
legendary
Activity: 2366
Merit: 1408
January 04, 2020, 09:49:49 PM
#56
Yes, it's wise to do that but in the beginning is easy to the the opposite and lose money, and it's fine, it's the part of the learning of investments
With time the person will be wiser and look only in real and good projects
sr. member
Activity: 2254
Merit: 258
January 04, 2020, 09:45:54 PM
#55
No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart 

This is so true than it was three years ago, in 2017 people will invest in anything that are Bitcoin clone or something new in the community, even if it is unrealistic, but we are have moved on and we are more realistic and always doubler check on what we are investing, gone are the pump and dump coins that offers nothing.
sr. member
Activity: 602
Merit: 253
January 04, 2020, 09:36:57 PM
#54
No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart  
I couldn't agree more on this one. The thing is, no matter how good, promising, one project might look like, it doens't mean that the result will also be good as well.
I have seen a few past projects that seemed quite good at that time, only to be failed or scammed. And isn't it a common thing to invest only the amount you can afford to lose, tough? Well, sadly so many newbies or even self-claimed experts still don't give a damn about how much money they spent.

Having a few other coins in my bag is my way of doing it. Since not every coin has a good market movements.
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