Topic: Some clever ideas for your success! - page 2. (Read 623 times)
many are not aware of the ability they have and this is what makes them fall in the loss. based solely on the limited knowledge but too confident in crypto even greedy. It results thus provide Boomerang worse for yourself and it's a lot to happen. many aspects that must be mastered in crypto and this will determine the outcome of this and sometimes forgotten.
The 1st principle: never lose your money.
The 2nd principle: look for opportunities and avoid big risks. Return must be greater than risk.
The 3rd principle: pay taxes.
The 4th principle: create a diversified portfolio:
various classes of assets, investments in each class of assets, investments in different markets, countries, and currencies + it's necessary to distribute investments in time.
Remember that there's no ideal time for investments. However, if you regularly invest in different assets, you'll reduce the risk and increase the return in the long term.
6 main mistakes causing to fail:
1) Subjectivity in perception.
2) The belief that today's trend will last forever. Today's winners are tomorrow's losers!
3) Overconfidence in your knowledge and skills.
4) Greed, impatience, passion.
5) Geographic limitation.
6) Negative mood and the fear of losing. As we all know, people remember a bad experience much better than a positive one. We're afraid of losing money and lose it, in the end, because of our wrong actions.
Money is emotions, and we should be positive. If you don't control your brain - it will control you!
80% of our success is our psychological mood and the rest 20% depends on instruments and methods. Stop set yourself up for failure!
Of course, I understand that you won't become rich and successful quickly after reading my post. But I want you to focus on the positive!
Tell me, please, what kind of methods of psychological training you use? Thnx!
Thank you for this , it helps me a lot. It makes me realize my mistakes before and I know that I can make decision wisely now. This is what beginners need rightnow when they feel hopeless. This add a knowledge on me because sometimes I feel like I cant achieve my objectives in crypto. The 2nd principle: look for opportunities and avoid big risks. Return must be greater than risk.
The 3rd principle: pay taxes.
The 4th principle: create a diversified portfolio:
various classes of assets, investments in each class of assets, investments in different markets, countries, and currencies + it's necessary to distribute investments in time.
Remember that there's no ideal time for investments. However, if you regularly invest in different assets, you'll reduce the risk and increase the return in the long term.
6 main mistakes causing to fail:
1) Subjectivity in perception.
2) The belief that today's trend will last forever. Today's winners are tomorrow's losers!
3) Overconfidence in your knowledge and skills.
4) Greed, impatience, passion.
5) Geographic limitation.
6) Negative mood and the fear of losing. As we all know, people remember a bad experience much better than a positive one. We're afraid of losing money and lose it, in the end, because of our wrong actions.
Money is emotions, and we should be positive. If you don't control your brain - it will control you!
80% of our success is our psychological mood and the rest 20% depends on instruments and methods. Stop set yourself up for failure!
Of course, I understand that you won't become rich and successful quickly after reading my post. But I want you to focus on the positive!
Tell me, please, what kind of methods of psychological training you use? Thnx!
Well, these are really pretty good suggestion, especially the ones never to lose money and not to go for big. But the main point here is to remain cautious,whether the investment is big or small, not it just jump in anywhere just because it's intriguing, also not to enter in every sites cause the scammers are everywhere.
These principles are known to all smart people who earn on cryptocurrencies. But for beginners, they can be useful.
Just went through the thread. I'd like to say thanks to OP for making a meaningful and helpful post as this. Even though they're not much, I'm sure these tips would come in handy for me. If not now, in the near future. For instance, greed is a major cause of loss experienced by some crypto investors and traders. If we can get it under control, we should do just fine. Overall, Thanks for the tips!
Quote
Today's winners are tomorrow's losers!
I love this quote though it goes in reverse because Today's losers could be Tomorrow winners that got to show that in cryptos nothing is steady, take the best decision you can today and never regret your decisions because no one can predict the crypto market, also always take your profit whenever you see them no matter how small it is, always bear in that what ever goes up will surely come down. that's crypto market for you. 
You have indicated important points. I agree with you. I would also advise you to learn how to filter the news about the coin and not to panic. Some news, just to induce panic and to weed out people. Therefore, we must always be on the alert and analyze the situation well.
I used all of your ideas during trading and holding, it does help me a lot when i can't think properly because of too much stress of looking at the market that your portfolio doesn't even move for a good profit. And yes, patience is the only key to success that's why i am trying to control myself when i'm almost going to lose it.
Thank you very much for such a wonderful compilation! Much of this is very close to me. The things are obvious, of course, but they really work, that's what my own experience shows!
I definitely agree with OP's information on the approach regarding the principles she had shared to the community and I think it is very useful to the people in this community.I think what is important is that when you invest cryptocurrency, just see to it that you were able to study the market trend of such coin. I you think the trend is good enough then you may start to invest and also, you need to consider other options and not just rely in one coin only.
The 1st principle: never lose your money.
The 2nd principle: look for opportunities and avoid big risks. Return must be greater than risk.
The 3rd principle: pay taxes.
The 4th principle: create a diversified portfolio:
various classes of assets, investments in each class of assets, investments in different markets, countries, and currencies + it's necessary to distribute investments in time.
Remember that there's no ideal time for investments. However, if you regularly invest in different assets, you'll reduce the risk and increase the return in the long term.
6 main mistakes causing to fail:
1) Subjectivity in perception.
2) The belief that today's trend will last forever. Today's winners are tomorrow's losers!
3) Overconfidence in your knowledge and skills.
4) Greed, impatience, passion.
5) Geographic limitation.
6) Negative mood and the fear of losing. As we all know, people remember a bad experience much better than a positive one. We're afraid of losing money and lose it, in the end, because of our wrong actions.
Money is emotions, and we should be positive. If you don't control your brain - it will control you!
80% of our success is our psychological mood and the rest 20% depends on instruments and methods. Stop set yourself up for failure!
Of course, I understand that you won't become rich and successful quickly after reading my post. But I want you to focus on the positive!
Tell me, please, what kind of methods of psychological training you use? Thnx!
The 2nd principle: look for opportunities and avoid big risks. Return must be greater than risk.
The 3rd principle: pay taxes.
The 4th principle: create a diversified portfolio:
various classes of assets, investments in each class of assets, investments in different markets, countries, and currencies + it's necessary to distribute investments in time.
Remember that there's no ideal time for investments. However, if you regularly invest in different assets, you'll reduce the risk and increase the return in the long term.
6 main mistakes causing to fail:
1) Subjectivity in perception.
2) The belief that today's trend will last forever. Today's winners are tomorrow's losers!
3) Overconfidence in your knowledge and skills.
4) Greed, impatience, passion.
5) Geographic limitation.
6) Negative mood and the fear of losing. As we all know, people remember a bad experience much better than a positive one. We're afraid of losing money and lose it, in the end, because of our wrong actions.
Money is emotions, and we should be positive. If you don't control your brain - it will control you!
80% of our success is our psychological mood and the rest 20% depends on instruments and methods. Stop set yourself up for failure!
Of course, I understand that you won't become rich and successful quickly after reading my post. But I want you to focus on the positive!
Tell me, please, what kind of methods of psychological training you use? Thnx!
Very helpful tips
Some of them I know and do
Some have just learned
The utmost importance of learning and patience and not rushing
Thanks for the expensive tips.
indeed, some of the things you reveal look very easy to do, especially for those who are used to underestimating everything. Come on, we all don't just see how short a suggestion and writing are, but we also have to know the essence of the message and it will be very difficult to do. So in essence we must be able to control ourselves from the qualities that can make us lose.
Well the real success was achieved by those people's who started investing when BTC was founded, they never thought about the risk. They were hopeful that one day it will be more and more popular, their patience gave them a loads of happiness as BTC was over the moon last year.
Well, these are really pretty good suggestion, especially the ones never to lose money and not to go for big. But the main point here is to remain cautious,whether the investment is big or small, not it just jump in anywhere just because it's intriguing, also not to enter in every sites cause the scammers are everywhere.
The 1st principle: never lose your money.
The 2nd principle: look for opportunities and avoid big risks. Return must be greater than risk.
The 3rd principle: pay taxes.
The 4th principle: create a diversified portfolio:
various classes of assets, investments in each class of assets, investments in different markets, countries, and currencies + it's necessary to distribute investments in time.
Remember that there's no ideal time for investments. However, if you regularly invest in different assets, you'll reduce the risk and increase the return in the long term.
6 main mistakes causing to fail:
1) Subjectivity in perception.
2) The belief that today's trend will last forever. Today's winners are tomorrow's losers!
3) Overconfidence in your knowledge and skills.
4) Greed, impatience, passion.
5) Geographic limitation.
6) Negative mood and the fear of losing. As we all know, people remember a bad experience much better than a positive one. We're afraid of losing money and lose it, in the end, because of our wrong actions.
Money is emotions, and we should be positive. If you don't control your brain - it will control you!
80% of our success is our psychological mood and the rest 20% depends on instruments and methods. Stop set yourself up for failure!
Of course, I understand that you won't become rich and successful quickly after reading my post. But I want you to focus on the positive!
Tell me, please, what kind of methods of psychological training you use? Thnx!
nice of you to suggest it! i guess our mindset matters a lot when it comes to any field where we want success and your rules include some deep psychological aspects, even subconscious related. great! The 2nd principle: look for opportunities and avoid big risks. Return must be greater than risk.
The 3rd principle: pay taxes.
The 4th principle: create a diversified portfolio:
various classes of assets, investments in each class of assets, investments in different markets, countries, and currencies + it's necessary to distribute investments in time.
Remember that there's no ideal time for investments. However, if you regularly invest in different assets, you'll reduce the risk and increase the return in the long term.
6 main mistakes causing to fail:
1) Subjectivity in perception.
2) The belief that today's trend will last forever. Today's winners are tomorrow's losers!
3) Overconfidence in your knowledge and skills.
4) Greed, impatience, passion.
5) Geographic limitation.
6) Negative mood and the fear of losing. As we all know, people remember a bad experience much better than a positive one. We're afraid of losing money and lose it, in the end, because of our wrong actions.
Money is emotions, and we should be positive. If you don't control your brain - it will control you!
80% of our success is our psychological mood and the rest 20% depends on instruments and methods. Stop set yourself up for failure!
Of course, I understand that you won't become rich and successful quickly after reading my post. But I want you to focus on the positive!
Tell me, please, what kind of methods of psychological training you use? Thnx!
The 1st principle: never lose your money.
The 2nd principle: look for opportunities and avoid big risks. Return must be greater than risk.
The 3rd principle: pay taxes.
The 4th principle: create a diversified portfolio:
various classes of assets, investments in each class of assets, investments in different markets, countries, and currencies + it's necessary to distribute investments in time.
Remember that there's no ideal time for investments. However, if you regularly invest in different assets, you'll reduce the risk and increase the return in the long term.
6 main mistakes causing to fail:
1) Subjectivity in perception.
2) The belief that today's trend will last forever. Today's winners are tomorrow's losers!
3) Overconfidence in your knowledge and skills.
4) Greed, impatience, passion.
5) Geographic limitation.
6) Negative mood and the fear of losing. As we all know, people remember a bad experience much better than a positive one. We're afraid of losing money and lose it, in the end, because of our wrong actions.
Money is emotions, and we should be positive. If you don't control your brain - it will control you!
80% of our success is our psychological mood and the rest 20% depends on instruments and methods. Stop set yourself up for failure!
Of course, I understand that you won't become rich and successful quickly after reading my post. But I want you to focus on the positive!
Tell me, please, what kind of methods of psychological training you use? Thnx!
The 2nd principle: look for opportunities and avoid big risks. Return must be greater than risk.
The 3rd principle: pay taxes.
The 4th principle: create a diversified portfolio:
various classes of assets, investments in each class of assets, investments in different markets, countries, and currencies + it's necessary to distribute investments in time.
Remember that there's no ideal time for investments. However, if you regularly invest in different assets, you'll reduce the risk and increase the return in the long term.
6 main mistakes causing to fail:
1) Subjectivity in perception.
2) The belief that today's trend will last forever. Today's winners are tomorrow's losers!
3) Overconfidence in your knowledge and skills.
4) Greed, impatience, passion.
5) Geographic limitation.
6) Negative mood and the fear of losing. As we all know, people remember a bad experience much better than a positive one. We're afraid of losing money and lose it, in the end, because of our wrong actions.
Money is emotions, and we should be positive. If you don't control your brain - it will control you!
80% of our success is our psychological mood and the rest 20% depends on instruments and methods. Stop set yourself up for failure!
Of course, I understand that you won't become rich and successful quickly after reading my post. But I want you to focus on the positive!
Tell me, please, what kind of methods of psychological training you use? Thnx!
Very good reviews. I also note that to be success we need to take the risks. But we must hold the good strategy and plan when taking the risks. Never make you entered in some loans for investment because it gives very risky decision. All your statement in that posting is very important and I got it. Thank you.
All of those listed are correct. But what I want to say is that very few people do that. Because there are many factors that determine your behavior. For example, unstable market, Emotion, Asymmetric information. I think the biggest progress is to sum up experience and make fewer mistakes in the market.
The 1st principle: never lose your money.
The 2nd principle: look for opportunities and avoid big risks. Return must be greater than risk.
The 3rd principle: pay taxes.
The 4th principle: create a diversified portfolio:
various classes of assets, investments in each class of assets, investments in different markets, countries, and currencies + it's necessary to distribute investments in time.
Remember that there's no ideal time for investments. However, if you regularly invest in different assets, you'll reduce the risk and increase the return in the long term.
6 main mistakes causing to fail:
1) Subjectivity in perception.
2) The belief that today's trend will last forever. Today's winners are tomorrow's losers!
3) Overconfidence in your knowledge and skills.
4) Greed, impatience, passion.
5) Geographic limitation.
6) Negative mood and the fear of losing. As we all know, people remember a bad experience much better than a positive one. We're afraid of losing money and lose it, in the end, because of our wrong actions.
Money is emotions, and we should be positive. If you don't control your brain - it will control you!
80% of our success is our psychological mood and the rest 20% depends on instruments and methods. Stop set yourself up for failure!
Of course, I understand that you won't become rich and successful quickly after reading my post. But I want you to focus on the positive!
Tell me, please, what kind of methods of psychological training you use? Thnx!
The 2nd principle: look for opportunities and avoid big risks. Return must be greater than risk.
The 3rd principle: pay taxes.
The 4th principle: create a diversified portfolio:
various classes of assets, investments in each class of assets, investments in different markets, countries, and currencies + it's necessary to distribute investments in time.
Remember that there's no ideal time for investments. However, if you regularly invest in different assets, you'll reduce the risk and increase the return in the long term.
6 main mistakes causing to fail:
1) Subjectivity in perception.
2) The belief that today's trend will last forever. Today's winners are tomorrow's losers!
3) Overconfidence in your knowledge and skills.
4) Greed, impatience, passion.
5) Geographic limitation.
6) Negative mood and the fear of losing. As we all know, people remember a bad experience much better than a positive one. We're afraid of losing money and lose it, in the end, because of our wrong actions.
Money is emotions, and we should be positive. If you don't control your brain - it will control you!
80% of our success is our psychological mood and the rest 20% depends on instruments and methods. Stop set yourself up for failure!
Of course, I understand that you won't become rich and successful quickly after reading my post. But I want you to focus on the positive!
Tell me, please, what kind of methods of psychological training you use? Thnx!
im agree with the list except one
not all places are require to pay tax for crypto trading. this is rather grey zone. but if your country require you to do so. best you comply.
Thanks!
It is not my style to use them, it is better and more convincing for me to rely on myselg only and on my ideas only as well, this ways is the best.
The ideas are good but they are not stable and they could have problems in the work with the changing cryptocurrency market so they are not useful for me.
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