Author

Topic: Regretting Buying Coins of others Choice (Read 363 times)

member
Activity: 224
Merit: 21
June 27, 2018, 12:12:54 AM
#45
There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.

Whenever so called other members gives shill about particular coin or token they always add DYOR=Do Your Own Research or do due diligence from your end. It's best practice to research before any project which we are willing to invest our capital.
sr. member
Activity: 840
Merit: 251
not only coins for investment but also the investment in ICO and choose a bounty. many who prefer to hear other people's opinions even from a higher rank for they follow. but there is, in fact, a high rank does not necessarily have the right options. better analyze himself with his own ability to better understand and learn about the best.
full member
Activity: 602
Merit: 103
All I could say is that for you to take someone's advice as your financial decision, they must be your financial advisor not just a forum member. Everybody has hidden agenda why they are telling this and that so taking their comments as an financial advice is suicide.
sr. member
Activity: 644
Merit: 261
I do think that most people give genuine advice. The problem is that everyone has their own favourite coins, and will recommend them. And often the reason that a coin is someone's favourite is that the price has gone up whilst they have held it. And obviously if a coin has risen substantially in the past, that is not a reliable indicator that it will rise again in future, or that now is a good time to buy in.

It does always come down to DYOR.

People think that the coin they are holding will be valuable in the future that's why when someone ask them what coin to buy, they would recommend the coin they hold to help others or just to boost the price. Nevertheless it would be to attract other people to buy their coin to have more volume. Many people choose their coin depending on their strategy may it be base on news or technical analysis or just recommendation from other people and the problem with having no basis why they bought it and just listened to others is that they would blame the people who recommended it to them.

Regret is part of this game. You can't always go by what some stranger recommends.

Unfortunately, sometimes it is the only way for others to learn because if they wouldn't experience it themselves then they would not listen to the advises. I always encounter the "Do your own research" but who actually do it are the one who was shilled a coin before and lose so they learned their lesson and I am guilty of this one too.

hero member
Activity: 3024
Merit: 745
Top Crypto Casino
There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Who are those forum members? those members that are shilling their low-capped and low volume coins, they never did a research before buying those coins.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
This is the scenario that isn't happening but those investors that listened to a stranger that who said "buy .... this will pump... it has a future" listened to the wrong guy.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.
^^^^ correct!
sr. member
Activity: 2506
Merit: 368
There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.
Of course, that's the common mistake of every newbie in trading, we always have doubt in mind because we knows little than the people who already experience what's best and worst in this society. But we must have to move on, in order to process and learn what do we regret in the past and this will helps us to learn more quickly if we do regret from it, because life's a lesson.

What do we need is just a simple common sense.
legendary
Activity: 1666
Merit: 1001
Of course you need to do your own research before buying coin, every one has it's own perspective about the coin feature and some are the member of the developers, so they will suggest the coin that they promote, there are separate opinion about coin so you can't follow people's advice when you want to buy
member
Activity: 294
Merit: 10
Vertex.Market, the World's First ICO Aftermarket
There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.

I think that the advices on this forum can be really beneficial sometimes, but on the other hand, in my opinion, you shouldn't make an investment just according to the comments on the forum.
newbie
Activity: 110
Merit: 0
Your message I would show absolutely everyone new on this forum. I would also like to add that everyone has his own point of view and his intentions, when he advises you something, so make a decision with your head, not someone else's advice.
newbie
Activity: 40
Merit: 0
Regret is part of this game. You can't always go by what some stranger recommends.
full member
Activity: 882
Merit: 104
There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.
Nothing is wrong to get the advice of others but always be careful not all people are trusted. To avoid them make your own research or ask a little to your trusted friend that knows about trading in crypto. You earn your money from your hard work so be careful to lose it because in crypto many will lie on you or frauders.
member
Activity: 203
Merit: 11
ENTRY cryptocurrency
I agree with what you need to think with your head. And if possible, do not believe anyone, because if you fail, you will lose your money. Therefore, it is necessary to choose the project for investment with special care and diligence. No matter how promising the project does not seem to be, do not invest all your money in it. Choose several projects for investment.
full member
Activity: 406
Merit: 100
There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.
Yes, you are right, many beginners do not understand the structure of the market and the structure of the crypto currency make many mistakes and then criticize the system itself without understanding it.
full member
Activity: 448
Merit: 100
Many people also regret not buying coins which are recommend by other members but there is really not a lot of people who can give you good coins now so trying to get coin recommendations in the forum now might be unreliable.
hero member
Activity: 2730
Merit: 632
There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.
Glad that you do able to find out and realize such thing which it is just normal for those informations to fly away on all directions where people would always tend to propose or shill out on the coins that they had already invested it out and once they do get some big investor they would able to sell it out on their holdings yet the price had already being increased and thats a normal system and if you are careless enough then most of the time you would really be fooled out.
sr. member
Activity: 574
Merit: 255
There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.
The thing is you can buy coins suggested by others but you will not know when to exit as nobody is going to tell you that and that is the point where people make loss. Right now, you would have been in loss if you invested anytime before Feb no matter what was your pick because almost all the coins have experienced a dip since then. Therefore, stop blaming others and try figuring out the best entry and exit point available for a coin at that particular phase. You just can't make profit by buying a potential coin, you need to analyze when to exit as well.
full member
Activity: 378
Merit: 101
Don't depend your decisions from other people most especially from an anonymous person which is most probably shilling or advertising certain coins, most common words buy this X coins and you will get 20x ROI or there would be a buyback from this Y coin so invest to ride the pump, to the moon from this coins buy while it is cheap, consider them but don't depend research the coins from their suggestions and make your own conclusion as to what are you going to buy or not, most of all do your own research to find those hidden cryptos which will be worth a lot in the future.
newbie
Activity: 172
Merit: 0
you are very right before investing we have to do our own research because people have different points of view in determining a coin and completely it is not true, all back to yourself in determining the coin you will make investment
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
We should take care of your hard earned money.Because it was not came by free .If you like to inverse in cryptocurrency,you have to deep analysis of certain coin.Mainly you have to check the price chart of that coin over a year or from their origin. It will give you hope to inverse in that coin.
full member
Activity: 476
Merit: 101
Well Said,

You should always do your own research before investing in a project,

Personally i only tend to invest in coins that i would USE once their roadmaps are complete, so they have a value to me personally beyond just financially.

newbie
Activity: 78
Merit: 0
This is normal, I have encountered. When I first entered this circle, this friend asked me to buy one, and now I lost half. It also lost money. It is listening to other people's rumors.
member
Activity: 318
Merit: 10
There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.

You must have your own choice and for the recommendation of others you should consider it. And do some research to see if the coin you want to buy is good or not.
legendary
Activity: 1904
Merit: 1277
I do think that most people give genuine advice. The problem is that everyone has their own favourite coins, and will recommend them. And often the reason that a coin is someone's favourite is that the price has gone up whilst they have held it. And obviously if a coin has risen substantially in the past, that is not a reliable indicator that it will rise again in future, or that now is a good time to buy in.

It does always come down to DYOR.
sr. member
Activity: 518
Merit: 250
Why in the first place would you buy coins you dont know about and believe on other peoples advices when you also barely know them? I wouldn’t buy some coin just because a forum member said so, I’d rather check out that certain coin and do my own research to see if it is worth investing.
sr. member
Activity: 569
Merit: 250
There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.

Yes, I agree with you as it is a very good advice for anybody who wants to take decisions about a coin or project. It is very good to do your own research and be sure of what your want to do before you do it. Yes, you can seek for suggestions, but it is good to do your findings.
sr. member
Activity: 798
Merit: 268
Other members' advices should never fully trusted but even if you make investment decisions yourself, you will probably regret not taking others' advices Smiley
Well, I will not regret following the advice of the others only if I also make time to analyze their suggestions. It should not be trusted but of course you can still follow them just make sure you know the risk of that decision. It still better if you know how to trade and invest properly, don't just follow the hype coins or you may lose your money.
newbie
Activity: 78
Merit: 0
Never regret about your decisions. Always make conclusions, because you gain experience and it is the most valuable asset.
member
Activity: 350
Merit: 10
Global loyalty & rewards
There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.
Yes. for new trader it’s better do search then begin to trade. And never trust 5x 10x easily.. unknown altcoin price is easy manipulated.
full member
Activity: 364
Merit: 102
There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.
Correctly, each person is looking for his perfect coin. And if you take the coin according to rumors, then you can lose everything and at the same time blame yourself. It is necessary to analyze each choice and be able to distinguish shitkoins from prospective tokens.
newbie
Activity: 165
Merit: 0
every member of the forum usually only gives advice, and the advice given is not necessarily good and sells in the market, but the main key is yourself, before buying coin, please study first, and predict that the coin can bring benefits, if not successful and suffered a loss, then it is a learning and we must try to get back up again, for me it is not right to blame others because the suggestions given did not meet expectations, thank you
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
It's the fault of gullible new investors to hear and take those suggestion of shills.

Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Thumbs up!

Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.
Taking your own time by doing some research of that certain coin you've heard or suggested by someone isn't painful.
newbie
Activity: 252
Merit: 0
Other members' advices should never fully trusted but even if you make investment decisions yourself, you will probably regret not taking others' advices Smiley
it would be nice if we look at some trusted sites about the best coin sequence if the advice of your friends is in the best order why not to follow it maybe you can be lucky there.
full member
Activity: 630
Merit: 103
There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.

We may listen to their advice specially if they have the experience that we need but still its our final say if we will follow their suggestion or not so better to review and double check the investments before joining it so that no one will be blame but only ourselves. Our judgement will always depend on us.
sr. member
Activity: 714
Merit: 257
There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.

Yes, well written. People will lose until they can finnaly understand that 95% of altcoins are crated to gather more btc or ether. Not emotionally attaching yourself to some project or token is the key, to be able to execute the trade, and have good money management
newbie
Activity: 140
Merit: 0
There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.

Never trust anyone's advice. Always do your own research before investing.
I suggest you take into consideration some ideas but always recheck the information twice
newbie
Activity: 92
Merit: 0
I agree with you that it is not necessary to blindly follow the advice found in this forum. But actually I would like to get more useful advice from the forum participants, and not just spam about everything just to get Activity.
member
Activity: 812
Merit: 10
BountyMarketCap
I have always been advocating to do your own research, analyse each project/coin fully with all aspects and angles before investing your hard earned money, even though we have tried to spread this awareness among the community, sadly still we see people get attracted to the pump and dump shitcoins and loose their money in the end.
member
Activity: 142
Merit: 11
In my case i always do my own research before buying a coin and its my choive and not others choice, i will not regret or blame anybody cause its my choice picking up that coin.  Always do a simple research and dont be carried away by rumors.

Well, that's a good strategy. If you buy the coin of your own choice you won't regret at a later stage and this is also best way to learn trading. You make choices, either you win or learn something new.
You can't swim unless you jump in the water
hero member
Activity: 812
Merit: 500
In my case i always do my own research before buying a coin and its my choive and not others choice, i will not regret or blame anybody  cause its my choice picking up that coin.  Always do a simple research and dont be carried away by rumors.
member
Activity: 184
Merit: 10
I agree with you, because some suggestions here will not necessarily lead us to profit. at least research must be done because no one knows the direction of market movement next time.
jr. member
Activity: 54
Merit: 1
In my opinion, the best choice if you want to invest money is studying well the project on your own and get an idea without being influenced by other people interests or external factors. Don't have the goal to chase only money in this market. That's a wrong starting! Choose well and hope for a bright future!
full member
Activity: 364
Merit: 101
There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.
and the most dangerous is the recommendation coin from people who are in FOMO condition, buying coins without doing research is a big mistake because there are many people recommend Hype coins even Shitcoins.
member
Activity: 630
Merit: 11
NEW MEDICINE:Faster, Safer, Smarter
Don't invest into coins that are just shilled in 4chan or any other place without doing proper research.Most of the times it will be for personal gains.Take the name of the coin and DYOR and then decide to invest or not.
full member
Activity: 462
Merit: 100
Other members' advices should never fully trusted but even if you make investment decisions yourself, you will probably regret not taking others' advices Smiley
member
Activity: 142
Merit: 11
There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.
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