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Topic: Mistakes That Make You Poor Poor In Cryptocurrency - page 28. (Read 6931 times)

member
Activity: 196
Merit: 10
I have found out the hard way that it is not rare in this market for fluctuations to happen.
jr. member
Activity: 37
Merit: 10
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.

Yes, If we want to avoid the painful lessons associated with crypto investment mishaps, avoid these common errors as we take first steps into the market:
  • Poor or inadequate research
  • Having a nonchalant attitude towards cryptocurrency wallets
  • Making trades based on emotion
  • Making Investment more than can afford to lose
full member
Activity: 462
Merit: 100
MYCRYPTOBANK.IO
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.

in addition. many people keeping their coins in an exchange without knowing the potential for hacking on that website, moreover they don't active 2FA and set a email or phone verification on their account.
member
Activity: 392
Merit: 11
Your biggest mistake in electronic money is hurry and hasty, impatient to wait for better prices, in my opinion should not be, let go of that and practice more patience, all luck will come to you
newbie
Activity: 69
Merit: 0
The thing that made me loose the most money in cryptocurrency was twice entering a project on all time high and not selling my coins in december .
member
Activity: 266
Merit: 10
The biggest mistake I made was selling too early and not holding long enough.  It still lingers in my mind and from this point on I am going to be patient.
Instead of sitting thinking about sad things. Take more action to have positive thinking. Many actions and good habits let you forget things that are not worth much thought. Then good thinking will do more in the future.

You can also try to take these mistakes as the best lessons, which have shown you the wrong paths in the cryptocurrency world. Be active, positive, and you will win.
jr. member
Activity: 489
Merit: 1
In cryptoworld and cryptocurrency investment  there is no functional insurance company or platform yet which means we bear any amount of lost we incur all by ourselves. When trading and investing be extremely careful. The support may not reverse your lost.
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
When I first join the crypto community, Usually buy coin base on hype and pop up, not aware on the scam in here, later learnt my lesson in a bad way after losing some cash,now I know better ,  to invest research, and ensure you not investing in scam project.
newbie
Activity: 103
Merit: 0
In all, greed is to blame, people want a lot of money, so they make mistakes.
staff
Activity: 3136
Merit: 570
Join the world-leading crypto sportsbook NOW!
what you say is that there are also some people who do not backup their keys to enter their wallets and there are also those who are affected by scams and even trapped in phishing links that make many new traders experience a lot of losses because they don't have very much experience .
Some people became greedy when they saw some phishing website that promises to give them free crypto-currencies, and once they click on the links to get into the site, they even blindly followed the instruction on the sites by keying in important details on those phishing website, and these actions would allow the hackers to get access to their wallets and steal all their crypto-currencies away from their wallets.
jr. member
Activity: 97
Merit: 1
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.

That's why knowledge about Bitcoin is the important thing before you do investment, investing without learning commong thing from here just make you lost profit instead gaining from it.
newbie
Activity: 167
Merit: 0
 Yes many are more poorer due to too much greedyness why? After they receive some tokens or rewards they instantly do the excha nge,they dont matter to put some investments for more profit for the furure,because we cant notice that it will suddenly grow More bigger.
sr. member
Activity: 658
Merit: 250
what you say is that there are also some people who do not backup their keys to enter their wallets and there are also those who are affected by scams and even trapped in phishing links that make many new traders experience a lot of losses because they don't have very much experience .
jr. member
Activity: 350
Merit: 7
I lost a lot of money in trading too =(

Day trading and swing trading are very common mistakes people do in the beginning.

For now it's very equitable that many people lose their money in Trading, because the market conditions are run into a drastic derivation. We only need to Hold now
hero member
Activity: 840
Merit: 502
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.
Probably the worst of all the mistakes is to not backup your private keys, I know that many are very busy but backing your keys takes just a few minutes and in case something happens to your computer you have a way to get your money back, we have heard many stories of people that lost everything just because their hard drive broke down, please do not be that person.
member
Activity: 350
Merit: 10
The biggest mistake I made was selling too early and not holding long enough.  It still lingers in my mind and from this point on I am going to be patient.
Instead of sitting thinking about sad things. Take more action to have positive thinking. Many actions and good habits let you forget things that are not worth much thought. Then good thinking will do more in the future.
newbie
Activity: 54
Merit: 0
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.
The points are quite worth noting. If you spend too much on electricity trying to mine and at the end you mine a negligible quantity, then that is a direct loss already.
sr. member
Activity: 700
Merit: 250
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.
Also to this list I would add:
1. Not to diversify investments;
2. Do not follow the principles of money management;
3. Open long positions on asset which already has grown up;
4. Do not use stop loses.
sr. member
Activity: 518
Merit: 250
Yes, we definitely need to be very careful when moving in the crypto money market. Things can go a lot worse.
Joining in world of crypto currency you need lot's of knowledge, invest only the money affords to lose cause in wrong decision it may cause to loose your money  that's why we need to be careful in all decisions we make in our investing.
newbie
Activity: 96
Merit: 0
If you are always afraid, nothing sensible will come of it.
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