unfortunetly i am never make big mistake that able make me poor in cryptocurrency.commonly many people make little mistake, as long as they did not publish their private key their wallet.
Making mistakes is really not the issue at all, but when you don't learn something from your mistakes, that's when it becomes very bad because you are doomed to repeat the same mistake again and again. 
Topic: Mistakes That Make You Poor Poor In Cryptocurrency - page 20. (Read 6952 times)
These are not mistakes instead these are ignoramus acts of an individual that will lead to his/her loss with the cryptocurrency holdings. However, this may not apply to all especially in the likes of me that is poor already. I never get the chance to make some losses because I do trade always my crypto for fiat money for the basic needs.
Poor cannot make you into poorer in fact this is learning lesson for you to correct your mistakes,and you can more alert and prevent from any more mistakes.,
Mistakes leads you to guide into a possitive ways.
Mistakes leads you to guide into a possitive ways.
Beyond greed and the points raised by the OP, I think not staying informed and keeping abreast with happenings in the space can make you poor. The crypto industry is a fast moving one and as such, being a minute late to a certain vital information can cause you a whole lot both in losses and potential gains.
if you learn cryptocurrent before, you cant be poor here. just with bounty, you will make much profit, no need to spend much money, or something else.
crypto will make you rich if you know about crypto.
never believe with what they said. just look at graphic, buy good coin and sell if youu see profit
crypto will make you rich if you know about crypto.
never believe with what they said. just look at graphic, buy good coin and sell if youu see profit
unfortunetly i am never make big mistake that able make me poor in cryptocurrency.commonly many people make little mistake, as long as they did not publish their private key their wallet.
Thanks for such awesome information about how people loss money and a Great thanks to those that mention the main reason (greed). This is my major problem which is still affecting me today. I believe if you want to make it big in crypto investment, you have to take some big risk by being greedy. Although, some time you win big but the consequence is, you also loss big when the market didn't favour you.
With cryptocurrency, you have to be careful with any fraud and theft. and usually many people who are caught in the losses in the world of crypto is:
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
Well for me cause im too greedy and still hold the coin that are already on the moon, i believe i just doing something wrong and i also expect to gain more. But here i am now hold the coin that i believe will have a good grow and i dont regret what's been done cause there is always experience that you can earn from everything that happening in your life. 1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
I think mistakes that are often made by many people is easy to panic with the news and also too quickly assume that bitcoin will die, and without thinking long they sell low.
that's common mistakes that usually did by beginner investor.their psychology and mental did trained yet to face unpredictable situation in market. With cryptocurrency, you have to be careful with any fraud and theft. and usually many people who are caught in the losses in the world of crypto is:
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
The last point should be first in my opinion.
Most of the people are loosing money only because they are not able to recognize good coins and invest in coins that show tempting offers but have no real life usage or value. As a result, the investors have to face loss on such investments.
I think mistakes that are often made by many people is easy to panic with the news and also too quickly assume that bitcoin will die, and without thinking long they sell low.
I made a mistake when I believed in the predictions. Now market forecasts do not work at all. No one knows anything.
not poor but with mistakes we can correct mistakes so that in the future it can work well, because with no errors or failures there is no success if I think
I made a mistake when I believed in the predictions. Now market forecasts do not work at all. No one knows anything.
Thanks for this thread, I'm struggling right now as I have lost a lot of what I did invest by this recent dump and am confused on what to do. But I guess I just have to wait for another bullrun.
Well, beside those factors, I think being impatient is the basic of mistakes above all. Why? For example, feeling plays its role, you won't buy coin because of the rumor if you keep patient to wait and learn, enrich yourself with knowledge about what, how and why you make mistake, take the lesson and be brave to take another step with its risks.
Theres a common mistakes which makes you loss profit just like investing without knowledge on it.There are lots of ICO projects rising nowadays so common type of investors mistake is they jump easily into those project without assurance.Thats why instead they will earn they loss more money.Greediness also leads you in losing money.Carelessness will also leads to trouble like your accounts will be hacked or you might get scammed easily.
Jumping into conclusions usually can get us really down. Specially, when we think that we have come up with a wrong decisions to buy or sell something and to take a risk.
With cryptocurrency, you have to be careful with any fraud and theft. and usually many people who are caught in the losses in the world of crypto is:
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
This mistakes to me are not straight forward. For instance, how does electricity billing actually make you poor in crypto? You don't bill yourself. Besides, if you are not a full time miner, electricity is not an issue to you. Your phone or laptop even consumes less power than your TV and home theatre. 1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
the simple solution to phishing scam is to bookmark the page to avoid typo error when searching for that site that will led to the fake site.
one more mistake is trading without basic knowledge about it.
one more mistake is trading without basic knowledge about it.
With cryptocurrency, you have to be careful with any fraud and theft. and usually many people who are caught in the losses in the world of crypto is:
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
The last point should be first in my opinion.
Most of the people are loosing money only because they are not able to recognize good coins and invest in coins that show tempting offers but have no real life usage or value. As a result, the investors have to face loss on such investments.
With cryptocurrency, you have to be careful with any fraud and theft. and usually many people who are caught in the losses in the world of crypto is:
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
i subscribe to your thoughts, another thing to look out for is to avoid sharing ideas with people outside the crypto space, who do share your view s and believe in cryptocurrency, they have a way to influence you negatively thereby rendering you indecisive.1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
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