Tips to become millionaires not over night - page 2.

royalparade01

newbie

Activity: 112

Merit: 0

Quote from: udayantha11 on June 07, 2018, 12:39:18 AM

From my experience i am telling

= First learn everything , where i can learn ? answer is bitcointalk. take time read all the posts in alt coin and bitcoin section. This forum's is the key for a newbie. i also in two years back , learn A-Z from this.

= Learn at least this Technology for 3 months. Study the patterns in each coin , specially potential coins. How i find potential coins, its most coming by experience , at the moment ( QUARK CHAIN,PCHAIN,PHANTASMA,)

=Keep your private things in safe. if you earn billions also worthless if unsecured. Please keep your private Key in top secret Place. Under any circumstances do not give it away. when Airdrop filling please beware of Public key to enter

=Dont go for too much hodl. Some have potential only for 3 months , then it goes to hell.

= Try to USE an APP to see your portfolio. be update always. Some are saying invest now and forget 2 years and see. Thats completely wrong.

=Try to maintain a excel sheet to measure the progress. (Profits , Alt coins market Conditions)

=Do not try Day trading if you not confident. if you choose day trading , you will lost everything .. by experience i am telling

=if you like to ICO investing , please refer ICODROPS. COM only. Its give pure recommendations

Thank you for the advice I really appreciate it because I learned or I've got your point on how or what I am going to do in this crypto world. I do what you say " Dont go for too much hodl. Some have potential only for 3 months , then it goes to hell. " thanks of this words.

abia

member

Activity: 266

Merit: 18

Interior Designer and consultant

Thanks for sharing your experience.
In fact, I think until now I still feel the need to keep learning about cryptocurrency. Because every day there is always more information to improve our knowledge.
Crypto is very unique to me.
Crypto gives me many advantages whether it is science or income.

Talk about security, crypto is safe enough for me.
If we can keep our personal data well, then we will have no problem with data loss.

Be careful about making decisions when we are in a trade activation, do not let emotions force us to act too soon after we make mistakes.

I can summarize as below;
Manage personal data well,
Keep updating our knowledge,
Manage our emotions when we are in trading activities
And we'll see that we can meet a good end result.

tesla80

member

Activity: 448

Merit: 89

Full Stack Engineer

My recommendation for a newbie is just watch for some months. Just learn and watch, don't invest immediately. Use similators or testnets of some exchanges to try yourself without investing. Don't get angry when you cannot get real profit. And learn security first before investing.

CryptoBry

sr. member

Activity: 1008

Merit: 355

Quote

Don't go for too much hodl. Some coins have potential only for 3 months , then it goes to hell.

This is quite true! Based on my experience hodling may not be the best way to go especially with newer projects but this can be applied to the most popular cryptocurrencies like Bitcoin, Eth and the likes. Why is this so? Because many of the new projects are actually based on experiments there is no guarantee that what they are doing will really work and we know that it can take time to make an idea work. Another problem with many ICOs is that with utility tokens we are not supposed to be getting anything like dividends if the project will succeed unlike with buying stocks which essentially limit the value of the token unless the project is as big as Binance whose coin is really doing good.

NeedIfFindIt

full member

Activity: 500

Merit: 100

The most important thing is security because no matter how much you earn you will not be able to get this money if you suffers a hacker attack.

Decima human

newbie

Activity: 74

Merit: 0

There is noway to become millionaire in overnight. We can become millionaire but it takes time. Any good investment can make you millionaire.

m4shorVasil

newbie

Activity: 51

Merit: 0

Such beautiful tips but there is only one thing remaining to figure out - are a millionaire yet?
Cuz if you not than all these tips can't be taken seriously, for real

Neutronbot

newbie

Activity: 50

Merit: 0

Very good advice. Particularly suitable for beginners. I think short-term trading is not for me. This is too difficult. What you say is very reasonable.

dress

full member

Activity: 439

Merit: 100

I think the biggest problem in the crypt is a scam. Now it is rather difficult for beginners to become a millionaire because they invest in scam projects.

udayantha11

member

Activity: 798

Merit: 17

2023 would most likely be as bearish as 2022

Quote from: itasannah on June 12, 2018, 07:50:26 PM

To become a millionaire in over the night may be impossible. Everything needs the effort. We can see how the efforts and jobs of many millionaires in crypto, they have less sleep. Their effort includes their spending time for analyzing the market, updates, and coins existing on the lists. Of course, it needs more attention to get the profits.

More and more sleepless nights there to archieve the goals. One of my friends there he got a audi. He told me he just sleep 1 hr or 2 hours per day to archieve this goal.

Scambusterz

hero member

Activity: 1008

Merit: 501

Quote from: papagapa on June 12, 2018, 12:30:21 PM

In order not to lose your investment you need to trade carefully and carefully select coins and tokens. In addition, it is important to analyze the market.

Not always the analysis helps. Now the market behaves very unpredictably. The news background is positive, but the market does not react to good news at all. So now we can only wait.

IntelligentIdiot

sr. member

Activity: 486

Merit: 250

Quote from: udayantha11 on June 07, 2018, 12:39:18 AM

From my experience i am telling

= First learn everything , where i can learn ? answer is bitcointalk. take time read all the posts in alt coin and bitcoin section. This forum's is the key for a newbie. i also in two years back , learn A-Z from this.

= Learn at least this Technology for 3 months. Study the patterns in each coin , specially potential coins. How i find potential coins, its most coming by experience , at the moment ( QUARK CHAIN,PCHAIN,PHANTASMA,)

=Keep your private things in safe. if you earn billions also worthless if unsecured. Please keep your private Key in top secret Place. Under any circumstances do not give it away. when Airdrop filling please beware of Public key to enter

=Dont go for too much hodl. Some coins have potential only for 3 months , then it goes to hell.

= Try to USE an APP to see your portfolio. be update always. Some are saying invest now and forget 2 years and see. Thats completely wrong.

=Try to maintain a excel sheet to measure the progress. (Profits , Alt coins market Conditions)

=Do not try Day trading if you not confident. if you choose day trading , you will lost everything .. by experience i am telling

=if you like to ICO investing , please refer ICODROPS. COM only. Its give pure recommendations

To be honest after I read this post I said to myself this guy I am impressed with the advises he gave us. Though I am still struggling with the excel spreadsheet part as I am not really like the organized guy who keeps tabs of his trade. I am not really a trader, I work bounties and getting paid by the bounties, I then decide whether to make those bounties into bitcoin or eth or consume them on their projects or just hold. That is it. If tokens or coins I hold upped in value then great if not then I move on to the next bounty.

itasannah

sr. member

Activity: 798

Merit: 251

To become a millionaire in over the night may be impossible. Everything needs the effort. We can see how the efforts and jobs of many millionaires in crypto, they have less sleep. Their effort includes their spending time for analyzing the market, updates, and coins existing on the lists. Of course, it needs more attention to get the profits.

marksayson

jr. member

Activity: 420

Merit: 1

Thank you for that detailed advice. All the best keypoints to become a successful investors are all in your description. If an investor have a struggle during a failed investment, better move on to it. Weeping for lost money wont make you ease, instead move on to it and learn from it. Being a successful investor always go to failure first.

Pedro18

member

Activity: 224

Merit: 11

Quote from: udayantha11 on June 07, 2018, 12:39:18 AM

=Dont go for too much hodl. Some coins have potential only for 3 months , then it goes to hell.

Thank you for this, I also learned this line, I keep always holding particular coin before, but I keep always losing the value of it if I keep holding it. Now, I know when to sell, specially I am also participating in some ICO, there are some ICO now that is good in their 1st to 5th months after the release of their token. I really appreciated your post.

InvestICO2L

full member

Activity: 420

Merit: 102

Quote from: Rodeo02 on June 09, 2018, 04:51:57 AM

Quote from: kendedes on June 09, 2018, 01:14:41 AM

Those are the simple tips and tricks to be a millionaires. But yeah of course. I absolutely agree. Being rich cannot be done only over night. It needs more hours, more days, more weeks. Why? Being successful in crypto needs more efforts starting from the analyzing, deciding, and joining in the activities. After that, we must still analyze again to gain more profits. Just be patient and smart to invest or participate in ICO.

agree on it there is no such a way that you can be a millionaire immediately cause you have to gain here a lot of time and efforts to become a successful and be a millionaire person and this is what i also learn from here and i am able to be more patient for everything.

Truly these tips sound good to practice to become a millionaire. There is no doubt that to become a millionaire, it requires you many different factors. Especially, you’re better off having an intimate knowledge. Because you know when you have a stable knowledge, you will analyze the market accurately and easily or you can make a good decision that makes you not feel regretful. Next, both patience, skill, experience are definitely necessary. You would accept to spend as much time as possible so that you can learn to buil skill or experience as well if you have patience. To summarize, it’s not easy for anyone to become rich, it means you have to try your best, and never give up.

papagapa

member

Activity: 392

Merit: 11

In order not to lose your investment you need to trade carefully and carefully select coins and tokens. In addition, it is important to analyze the market.

neite99

sr. member

Activity: 560

Merit: 250

I liked the reccomandation as they give very good insights about the general market conditions and not only for beginners but also for more experienced traders, I want to add that also greed is a big problem in this game.

kulakvlad

member

Activity: 294

Merit: 10

Quote from: udayantha11 on June 07, 2018, 12:39:18 AM

=Dont go for too much hodl. Some coins have potential only for 3 months , then it goes to hell.

I do not agree, many projects are just beginning to develop after 2-3 months.

TheCryptoOwl

newbie

Activity: 4

Merit: 0

I think the best way to make money is day trading. There's no way a beginner can make big profits out of it tho, so you got to start with pen & paper trading in the beginning. After you start feeling comfortable with the trading, and make profit regularly, you can start trading on a platform with small amounts. Always try to trade the more trustworthy currencies, avoiding scams and coins with no future. Slowly and carefully you can start trading with bigger money, making more profit...

Or you can just hodl. Something like xmr, eth, or bch

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