Topic: Watch out for the following (Read 1017 times)
The most important and the very lesson any newbie must learn is to have patient and not to be too enthusiastic about any opportunity without seeking for knowledge. You can read any news from what people say or read online but you must take charge when making decisions. It is unfortunate when you read news about individual losing money cheaply to some scammers that you can easily discover that what they are calling legit happen to be scam. From experience, I have never seen any trading strategy that I can boastfully tell you that I am 100% sure you will keep making profit. so when someone keep suggesting an investment for you and boasting that it is profitable, then you need to do your own research
I like this advice and I agree with you.
Beginners should not use such "tools" when analyzing the market because there is no proper understanding of how a particular statement can affect it, they can not read "between the lines" and believe everything directly, turning into hamsters for a successful pump. I hope that new people in the crypto market are still much smarter than it sometimes seems and are not going to make super-frequent mistakes - because they have much more access to the necessary information than the same 10 years ago, but they do not want to use it considering themselves the smartest
Beginners should not use such "tools" when analyzing the market because there is no proper understanding of how a particular statement can affect it, they can not read "between the lines" and believe everything directly, turning into hamsters for a successful pump. I hope that new people in the crypto market are still much smarter than it sometimes seems and are not going to make super-frequent mistakes - because they have much more access to the necessary information than the same 10 years ago, but they do not want to use it considering themselves the smartest
Newbies like myself be warned, don't make crypto decisions because of the following, they are very misleading and extremely danger to your money
1. Crypto Analysts predictions
2. Hyped projects by billionaires or known people e.g McAfee
3. Going into futures and margin trading when you haven't even mastered normal trading
Seek for answers and you shall find, knowledge is power
1. Crypto Analysts predictions
2. Hyped projects by billionaires or known people e.g McAfee
3. Going into futures and margin trading when you haven't even mastered normal trading
Seek for answers and you shall find, knowledge is power
This topic is good for trading discussion, it's not only newbies it applies to all even old and veteran investors falls into this trap of listening to hype, if you are playing with fire you are likely to get burned, so like what they've said thousands of times before, only invest what you can afford to lose.
1. Crypto Analysts predictions
Every single people who are involved to cryptocurrency can give their prediction with regards to the project. This so-called analysts can predict too so we can do it too so why listen to them. In the end there is only 2 results either it will be a fail or a success.2. Hyped projects by billionaires or known people e.g McAfee
I've seen many projects that have been hyped by most popular people on crypto world. I still remember a project that is on a token sale that time and if you will visit their website, you will see Roger Ver in the team and that leads to a huge hype and their token sale has been sold out for a few days only. After listing in the exchange, the token plummeted and didn't recover anymore. Its just hyped because of Ver and nothing more.3. Going into futures and margin trading when you haven't even mastered normal trading
Going to these kind of trading is very stressful especially for those newbies who want to try it. I didn't tried futures and margin because I only tried normal trading but I can't trade for a long time already. 
Well McAfee has ghost token now and it does looks like a very promising project, this will have a lot to say about the man actually if there will be a space for him in crypto space or not time will tell, using well known people is one hell of a way to attract investors, I'm not against this
I dont know if you have read the issue about Mcafee project ghost has some plagiarized on some of his affiliated projects? Also the token esh that needed to hold for ghost tokens did go down hard now. Its like they just shifted to shill this ghost tokens of McAfee and knowing that maybe there is a share of those tokens on esh management. For hype project he is good on working out his own but let see until where ghost tokens would rise or dump in the future. Newbies like myself be warned, don't make crypto decisions because of the following, they are very misleading and extremely danger to your money
1. Crypto Analysts predictions
2. Hyped projects by billionaires or known people e.g McAfee
3. Going into futures and margin trading when you haven't even mastered normal trading
Seek for answers and you shall find, knowledge is power
1. Crypto Analysts predictions
2. Hyped projects by billionaires or known people e.g McAfee
3. Going into futures and margin trading when you haven't even mastered normal trading
Seek for answers and you shall find, knowledge is power
Congrats! i think you have sumed up the most important things to avoid while deciding about a project... it is difficult not to be amazed when you arrive, but people need to focus and think for themselves to learn as much as possible...
The plan will fail some times but if you avoid these 3 points you are increasing the odds
cheers
John McAfee is the most popular crypto man I've ever know, he hyped few projects and they turn bad but remember that John McAfee is not part of the team but an advisor, they failure of the projects is on the team not John
Well McAfee has ghost token now and it does looks like a very promising project, this will have a lot to say about the man actually if there will be a space for him in crypto space or not time will tell, using well known people is one hell of a way to attract investors, I'm not against this
After all the shit he's done a few years ago, I wouldn't trust him with any kind of "promising project". Years ago when he manipulated the markets through P&D schemes, he only did it to his own advantage so I'd rather believe he's with GHOST for the same reason.
Let's start believing in our decisions, if you can't make decisions for yourself someone else will make them for you, the truth is many are scared of making decisions themselves and they rely on others, this is not good, analysts are always wrong most times too but sometimes they are right
I think we should stop following the trends of successful people because they seem to be starting to use the time for their own benefit. We study their experience and not follow what they do or offer.
This is good, a newbie advising other newbies to be careful of whatever investment they make, who knows it could be as a result of lessons learnt or otherwise, but whatever it is, the information passed is correct. The thing is, price predictions has never worked in this space, thus should be totally ignored. Hyped projects from so called experts or whatever only makes those experts richer leaving most investors with little or no gain and in most cases big losses. As for margin trading and so forth, without the correct knowledge, it will also end in big losses. Thus, it shows that in everything, knowledge should be looked for first and foremost.
1. Crypto Analysts predictions
1. Crypto Analysts predictions
These are the true fact that every newbies should know many basics before started in crypto sector. Whether they involve in token buying or the trading they should first know the functioning of the crypto that how they are working in the blockchain and the most part is the security of their token if they have purchased of going for trade.
To learn something about crypto it's necessary for newbies to follow up some experienced people for guidance but it's not mean they should follow the people like McAfee there are many experienced people who are doing great work to spread knowledge about crypto and their guidance can be much helpful for newbies if they could find out the difference between popular and experienced people.
Newbies like myself be warned, don't make crypto decisions because of the following, they are very misleading and extremely danger to your money
1. Crypto Analysts predictions
2. Hyped projects by billionaires or known people e.g McAfee
3. Going into futures and margin trading when you haven't even mastered normal trading
Seek for answers and you shall find, knowledge is power
There are lot more things to be added in this list like,1. Crypto Analysts predictions
2. Hyped projects by billionaires or known people e.g McAfee
3. Going into futures and margin trading when you haven't even mastered normal trading
Seek for answers and you shall find, knowledge is power
4.Stay away from the investment schemes which gives fixed high returns weekly, monthly.
5.Don't invest on a project just because it is promoted by a reputed exchange.
6.Day trading with all your money.
Normal trading is still very hard to get by without getting rekt once in a while but margin trading can bring disaster to your door step, leaving you without any money left, highly dangerous
1. Analysts predictions can come true but not reliable, it's better to have your own plan and learn from analysts.
2. New projects will always need hype from good sources or well known personnels, there is nothing wrong in doing this, you shouldn't invest on projects because of this without doing research
3. Margin trading is something that newbies can't figure out unless they have enough trading skills and still losing money is highly possible
2. New projects will always need hype from good sources or well known personnels, there is nothing wrong in doing this, you shouldn't invest on projects because of this without doing research
3. Margin trading is something that newbies can't figure out unless they have enough trading skills and still losing money is highly possible
Newbies like myself be warned, don't make crypto decisions because of the following, they are very misleading and extremely danger to your money
1. Crypto Analysts predictions
2. Hyped projects by billionaires or known people e.g McAfee
3. Going into futures and margin trading when you haven't even mastered normal trading
Seek for answers and you shall find, knowledge is power
Knowledge don't find you or anyone else if they don't make any mistakes, doing mistakes is very important in our lives although no one wants to make mistakes but we really can't escape mistakes, can we?? Whatsoever happens to anyone on here learning from your mistakes is the way 1. Crypto Analysts predictions
2. Hyped projects by billionaires or known people e.g McAfee
3. Going into futures and margin trading when you haven't even mastered normal trading
Seek for answers and you shall find, knowledge is power
Well McAfee has ghost token now and it does looks like a very promising project, this will have a lot to say about the man actually if there will be a space for him in crypto space or not time will tell, using well known people is one hell of a way to attract investors, I'm not against this
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