Topic: Just a quick warning - page 2. (Read 1959 times)
I loved reading your warning post. Depending on just one thing, we can't really move forward. We must always look for alternative routes. Just as a matter of course, we cannot rely on one coin. We need to research other good coins and find out. And with all the good coins to move forward. Only then can you find success in life.
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 not 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
Well, that is called diversification. We should diversify our investment portfolio, relying on just a single coin will be risky.
There are too many scam coins in crypto projects, trusting only a single coin having higher chance to getting scammed.
All project should be treated this way because there's really nothing that most projects are contributing to the space. Every project is a utility project which cannot be used in real life its all virtual we should stay safe and be smart. Thanks for the heads up.
I am not here to fall in love with any coin. I always set my limit. Once I am in profit I will move to the next one.
I loved reading your warning post. Depending on just one thing, we can't really move forward. We must always look for alternative routes. Just as a matter of course, we cannot rely on one coin. We need to research other good coins and find out. And with all the good coins to move forward. Only then can you find success in life.
If I start working based on just one coin. And if this coin is still profitable to me. Still, working with those coins alone will never work. Because all of a sudden, if the price of that coin goes down, I'll lose all. But if I work with better coins, and if reducing the value of one coin won't hurt me too much. Because other coins will compensate me for that loss. I really liked your post. Thank you.
You are right. In my opinion, investing in more than one coin instead of a single coin is both a logical and safer investment way. In this way, the failure of a single project will not destroy all your investments.
Yes, and investors who are experienced in crypto certainly already know this, they tend to make investments in several coins and projects, because they assume not all coins and projects can be profitable, so that makes them have to choose several projects and coins to invest. 
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 not 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 have to disagree. "Diversification" may be a good thing to do in the stock market, but not in the cryptocurrency sector. There are far too many projects and many of them are copycats of the earlier ones. I would recommend the new users to stick to the tried and tested, rather than going for the new projects. For the last 3+ years, this tactic has worked for me.
I think only greedy people who are willing to put all eggs in one basket, however taking the risk is the very fundamental and is a must to have in crypto trading. And as for now, we should be picky in entering some projects, they might look good but we should further research the project first.
Yup! agree people need to think how the crypto world really is right now, many people are using it as a source of income in a bad way, and many people are getting scammed on it, people really need into projects and the people behind who are working on it, lose is a lose and win is a win, and we are the one who decides how this crypto-world will run into us.
Very much as you say, if we just dig in a project then it is very big risk if we do not get paid then the time we spend only in vain, then we have to be smart in dealing with this problem because now many Projects that offer great bonuses but in the end we do not get any, then we must be careful.
You are right. In my opinion, investing in more than one coin instead of a single coin is both a logical and safer investment way. In this way, the failure of a single project will not destroy all your investments.
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 not 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
Quick but direct to the point. Many so called promising projects has dealt with us in many ways which makes me to understand that it is good to look beyond what the team displays or what so called partnership, news etc they have and focus on the possibility of that project making it. And even at this, we humans are unpredictable, investing what one can afford and being contented with it is possibily the best. Also, even though there are many untrustworthy projects, there are also trusted ones and therefore taking a glance on those ones (listed with evidence of growth) is worth the time.
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 not 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
You're right, there are many coins and projects that was being launched. Don't just stick to one coins just because it has a good head start. You should explore for more coins. With many coins, you have many options. Once, you start investing or trading in crypto you should be smart and decision wise because it is very risky and you can lose all your money if you make bad decision.
I also always say that don't put that money that you can not afford to lose. Sometimes people saw fake news or fake traffic in a certain project social media or group and they fall into love with that coin. Crypto is a very risky market you can lose all. So spread your money into many projects then at least you won't lose all your money into a single project.
Good advice... it is a general trend that people fall in love for a single coin that has all the promises, they invest everything they can and then they are scammed, or the coin goes nowhere... I have been close to this scenario at my beggining and I'm sure a lot of people where too.
People also rush, but before investing, no matter the hype that is going on, due diligence must be made...
People also rush, but before investing, no matter the hype that is going on, due diligence must be made...
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 not 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
It's smarter to do the same thing with bounty projects as well, not all projects will be successful and some will still manage to scam people no matter how good we are in doing research, so it's better to treat all new projects as untrustworthy, invest what you can afford to lose always 
Be smart - that's just great. We shouldn't rely on our feelings or sixth sense in terms of investing. It is risks, chances, math, graphs and a bit of luck. No emotions will help you to make a good investment
Yes, absolutely right, because whatever the work must always be accompanied by knowledge and a calm soul, because in investing it is strongly recommended to control our emotions so that they are not greedy and misguided, because the risk of investing is enormous.
Thanks for this word of caution @OP. Sometimes we get so intrigued by a project we tend to forget that some of them can exit as scam project. I remember I invested hugely into a project called MiracleTele and it had a great use case but along the line ,this project started showing some signs of exit scam but i was so absorbed into the project i failed to see the reality. Now, this project is dead and i have lost huge sums of money. Let's always try and do a good research about any project we invest in and always be cautious too.
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 not 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 agree. Even such a project is really that promising and seems to be offering a lot to make you convinced to get into engagement or get into investing with them, always keep in mind to take precautionary measures that you will just take a small risk on just putting an investment into an amount you can afford to loose and never put everything into something because there are still lots of projects that ofer lots opportunities you can explore specially with the vast world of cryptocurrencies we are all currently into. Just take a small part or amount of your money into investment just to see how it will be going and do not settle for only a single project because many projects exist that can give you lots of opportunities to earn.
Jump to: