Topic: Reasoning before investing can save you from lose - page 4. (Read 531 times)

because people only think about profits at first, then after they experience losses they think about considering the risks too.
Currently there are so many new projects that can be invested in because market conditions are improving.
New investors should just take the plunge for now and wait a while for their money to turn a profit

This is one of the basics before investing but if fear overtakes us and if we start overthinking then we will not be able to invest in the fear of losing it all, even a small market fluctuation would look like start of bearish market for us. Rather we need to have certain checklist sort of things like what do we look and check in a project like it's dev team, roadmap and whitepaper and what it has achieved till now. This will give us more reasonable picture.

Venturing into a business or an investment without knowing but doing it all the same simply because others are doing it is not wise at all. I believe smart businessmen and investors would first find a way to learn and understand the business/project and will move ahead to know the risk involved and the profitability in them. It is not until this that they will know if what they are hearing/reading is a lie or the truth, and this will expose the danger of committing their money to them.

To me, this is smart enough and will avert the danger of looking foolish if you can't defend what you invested your money into, especially if it now fails and you can't convincingly say this or that made you invested your money in them, and also for this or that reason was why you invested the money. These days, people are so gullible to the extent that you can brainwash them easily because they are desperate to make money, not knowing that as some would make the money, some will lose so much as well, even as some would be dupped, which calls for caution and the fully understanding of what we are committing the money to.

It will even be a thing of pride for the person in this regard if they understand as they know what they are actually doing unlike those who will just be following others blindly.

Some project may make you feel this is the ultimate way to succeed. Or a new defi might be providing 1% per day staking rewards on most pair. Whatever and however attractive the proposition may be, never invest all your money on one or a few places. Remember to use diversification as a strict rule than a matter of preference. This discipline and if you are a trader more than an investor than discipline of sticking to your strategy of selling point and stop loss are very important. Loss are not exception but you should be able to manage them with stop loss and diversification.

I would like to say that if someone wants me to invest and he wants me to avoid loss, then he should select a good project, a strong project, and where to invest, see if the project is more reliable. If it is real , he should invest more in it, if it is risk, then reduce it investment, and hold half fund.
 if they have received any loss so , he can later invest other strong project to cover what he has lost and after knowing the project.  check the project partners investors then invest.

The rate of scams and hacks in the crypto industry is really worrisome, you can not afford to buy any coin or token without having that fear that you might be risking your money in a scam project, it's really that bad, truth is a rare commodity in the crypto world. This is why I'm thankful for Bitcoin and some top altcoins that still holds the dignity of cryptocurrency, without their reputations as trusted crypto coins, the industry would have been labelled a scam hub. So the advice for any newbie that wants to invest in any a coin that has not gained reputation is to carry out diligent research on it before involving their money.

Altcoin investment significantly shows how risky one could tends to be because at the beginning having this mentality that when you invest there is always a tendency to lose or gain sometimes I do consider altcoin investment to be gambling because newly projects has no future and you can't tell what you could have from the investment. That's is a game of probability, but lots of people are strictly into altcoin investment to be able to double their money either by being an early investor to stand the chance to sell when the project seems to have made about 10x or 30x or to whatever percentage they wanted without even thinking the risk associated with that investment.

I think people's goal in investing is to make a profit, even though some people don't really know the details.
Next they will study the risks and other factors if they have invested several times.

One of the reasons why some seem to overlook the importance of thoroughly investigating a crypto project before investing is the allure of hype. Due to excessive hype, there's a tendency to skip in-depth research, with individuals rushing to buy in due to FOMO, fearing they might miss out if they don't act quickly when a project gets hyped. The cause of this hype often stems from the anticipation of substantial profits fueled by positive information heard, seen, or shared about a project. It is crucial to exercise self-control amidst the excitement and, even if the hype is intense, not forget to diligently study a project before making any investment decisions.

I have noticed some points about why people often want to trust their money to altcoins, despite our frequent suggestions to trust more Bitcoin. So, people, seeing the price of Bitcoin and the quantity that they can afford to buy, are often inclined towards the cheap price of some shitcoin; that is, they prefer quantity to quality, as well as advertising that makes them shift to supposedly quicker and higher profits than long-term, but a secure hold on Bitcoin.
Hence, we always see the proverb that a stingy person always pays twice. Instead of rational reasoning and studying projects that have only one goal, to profit from investors, such people get into trouble, losing their money.

Let people learn from their own investing experience and that is going to make them a better investor in the future. Those that are persistent and learned from their investment failures will be the better investor in the future if they ever continue. And those that have failed once or twice and then they stopped looking forward on it will not benefit from their mistakes and they will regret for not continuing what they have started from investing on this mistake.

You are right because what investors consider most for investing in any Project is the profit they want to make, but it is not what is necessary for any investment because when you consider the profit you are going to make elder go for their wrong aspect of it because you cannot make it future of cryptocurrency

It is better to make a proper research before any investment will it take place because I know quite well that what causes some people losing their money during investment is when the lack the understanding of making a research to know what the project is all about before the investment many people have lost their money or capital because of lack of examination and the cross checking the project before investment.

For me I will not like a process whereby we consider profit first before any other thing what we supposed to consider is the project and how long the project will last and how productivity will be the project so that is why we don't rush to invest into any platform or any Project without knowing the foundation

That is why a money management strategy is essential to minimizing the risk of your investment. You need to identify how much risk you want to take and how much loss you can tolerate. I would say it is important to have a exit strategy rather than looking for a perfect entry. There can not be a perfect entry as you don't know how the price will react after a few months, but you can plan for an exit strategy based on a different scenario. This will help you minimize the loss.

I don't think anyone would invest without any reason. almost everyone investing in any project have one major reason. to make good profit out of that. double their investment or even 3x. some people become lucky and get profit and on the other hand, some unfortunate people end up losing all their money.
It is a sad but universal fact of the cryptocurrency world. It is hard to know which projects are scams at the begining.. some very good and legit looking projects end up scamming people with millions of dollars worth crypto. and some small cap projects turn out to be legit.
Still everyone should perform proper due diligance before making any investment decision. and then only invest as much money as everyone can afford to loose. never invest all your money in one project no matter how good and intersting that looks.

It is important to do your homework before investing your money in any form of investment. Investors do look at the pros and cons of a project before making a decision. Offline investments are comparatively easy compared to crypto investments (in new projects/ Altcoins) because of the information/ data available for a particular project or company. The majority of the crypto projects turn out to be scams, and investors are now only investing in projects with a solid team and some good reputation/ legacy. The chances of a loss are higher when an investor ignores the basics.

Unfortunately it is difficult to detect as early as possible, the comfort of holding money and recognizing the risk of damage to assets with choices in investment sometimes becomes a toy that is often done for a long time, for me dividing 50% for investment without taking as urgent and as eager as anything must be learned, buying or new investments is very tempting, I realized that I spent my savings last year, intending to invest but forgetting about savings that are very safe (easy cash if withdrawn) even the proverb is better to save money before it runs out is real, because controlling yourself in a business invitation is difficult especially holding unused money, delusionally multiplying quickly and optimistically exceeding capital even though reality is not that easy.

For any investment we are making, it is good for us to know what we are doing and make sure we end up regretting.
Cryptocurrency investment is something that we need to understand and make proper investment. There are lots of altcoins I'm the market we can we buy and make some good money from them. Bitcoin is a good project we can put our money into and relax eating and holding for a long time.

In any investment, small or big, one should always do his homework so as not to compromised your hard-earned money.
Everyone wants to have profits, right? So it is your responsibility to educate yourself about your investments.
Without prior study of your investments, the likelihood to lose your money is quite high.

Altcoin, meme coin should be done with awareness while investing in them.  Those who invest like crazy without knowing have a lot of losses. Suppose you own 500$ and invest 400$ in altcoins without knowing and lose it all. Have you thought about how much you can afford to lose?  Trading should always be done knowingly.  Trading should not be done with emotion and volatility.

It’s always a good idea to do as much research as possible before deciding if you should invest in a token or coin. Unfortunately sometimes, all the research in the world can’t stop you from being rugged. Obviously it’s good practise to only invest what you would he comfortable losing, if the worst happens & a project fails. Never keep all your eggs in one basket. Diversify, spread your risk amongst various coins.