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Topic: Tips to become millionaires not over night - page 3. (Read 742 times)

newbie
Activity: 238
Merit: 0
I think the experience will teach us what we need in investing in this field. Maybe you are lucky to find more coins at the right time. But in fact many of the most successful people here are people who hold their coins longer than you.
The most important parameter for growth in the ICO and in General as a person is the maintenance of statistics. You should always know which way your progress is moving.
legendary
Activity: 2394
Merit: 1632
Do not die for Putin
Some of the chains you describe maybe interesting, but there are also many new ones that can make these obsolete in a year. It is a complex business.
member
Activity: 364
Merit: 10
I prefer long-term investment and I had a situation when the coins were very falling in price. I agree with the fact that you can not keep all coins for several years.
member
Activity: 266
Merit: 12
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



Good recommendations for beginners and for medium learners. I would like to add that one must not panic sell especially when they are holding long term coins like ethereum and bitcoin. If one coin wil not recover for two months, it will surely keep on dropping.
member
Activity: 168
Merit: 10
Open and Transparent Science Powered By Blockchain
Icodrops is a relatively reliable website, because most of the time his rating is excellent.
In my opinion, most evaluation websites are nothing but shit.
jr. member
Activity: 118
Merit: 1
SEELE- Blockchain 4.0
I don't think that the high income will last more than three years. Everything goes to the fact that governments of different countries and centralized exchanges want to stabilize prices & remove small investors from the path.
 In this case, there will be no big profit and we can drop to 20% of annual profit.
I think it is now the golden age in order to earn a million, well, or at least tenth of a million.

Agree, the good old time of x1,000 x100 is now long gone... we have to reduce our expectation to x5 x 10 now and eventually, an ICO that wont drop below ICO price is consider good projects. Try reading through the ICOdrop stats, many stupid ICOs are below ICO price, I dont understand why people are so dump investing in those total scam projects
jr. member
Activity: 266
Merit: 2
I think the experience will teach us what we need in investing in this field. Maybe you are lucky to find more coins at the right time. But in fact many of the most successful people here are people who hold their coins longer than you.
member
Activity: 222
Merit: 12
I don't think that the high income will last more than three years. Everything goes to the fact that governments of different countries and centralized exchanges want to stabilize prices & remove small investors from the path.
 In this case, there will be no big profit and we can drop to 20% of annual profit.
I think it is now the golden age in order to earn a million, well, or at least tenth of a million.
sr. member
Activity: 840
Merit: 255
SportsIcon - Connect With Your Sports Heroes
Appreciated for sharing valuable information.Yes there is a process to be milluonaire and need to follow it.Educate yoursef,Make goals,list of strategies to reach goals and never forget to work beside plan B.Commitment and consistency will take you to reach golas .
member
Activity: 238
Merit: 10
Thank you for the input, but I think capital management is also very important to manage the portfolio. In some altcoins we believe to have high potential, especially when there is a correction, I think a gradual purchase is very important if we are not too sure of the lower limit.
member
Activity: 798
Merit: 17
2023 would most likely be as bearish as 2022
=Dont go for too much hodl. Some coins have potential only for 3 months , then it goes to hell.
I've hodl Stellar Lumen (XML) since their name is still Stellar, more than six month and the coin is certainly not a waste right?

its on the top ten. those are highly potential. bu the thing is we have get those in very dip. then at the bull run we can get massive profit.
newbie
Activity: 105
Merit: 0
Thank you for sharing. This is a very good article. I learned a lot of knowledge from the article. This will allow me to avoid a lot of losses in future transactions!
newbie
Activity: 224
Merit: 0
Wow That’s a very good informative post. Often the newcomers find difficulties in gaining advices from experienced investors. This post will help many of the newcomers.
newbie
Activity: 294
Merit: 0
Thank you for the informative tips. I hope that it will help the forum users as well as the beginners who are interested to do investments in crypto industry.
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
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.
sr. member
Activity: 672
Merit: 250
Good advices for begginers. Also i very agree with you about to hodl 3 months because some coins ara only for dump and pump. Try to sell them when it is the right time.
full member
Activity: 352
Merit: 100
Great idea and good analysis but I do not think it is possible to become a millionaire overnight in crypto as it require time and patience and reasonable investment. As long as you are able to choose wisely and be patience, you will achieve greatness in crypto.
newbie
Activity: 10
Merit: 0
Very decent tip to be honest. I have been doing most of it for over a year now and yes it does work
full member
Activity: 588
Merit: 128
=Dont go for too much hodl. Some coins have potential only for 3 months , then it goes to hell.

So true and in fact it didn't even reach 3 months before it get dump. I'm regretting to buy CHSB as I see the project have a clear future but it turned out not. And now I just hold and it's too late to sell at loss. Just hoping that in next years it will grow even unexpectedly. Grin
newbie
Activity: 406
Merit: 0
Don't trade because you panic and never do impulse buying. I know,  it's  hard to master but we need to master this attitude.  Do cost averaging if you believe that a project has a long term potential.
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