to me, it's a saying "never expect financial markets, be realistic"
Newbies often invest unreally and tend to be consistent with their portfolio even if their value drops by more than 20% or 60%.
I have been and my mentor appeared at the right time and taught me this knowledge. It helped me a lot.
Topic: What is the best advice you ever heard in case of investments and all - page 4. (Read 1503 times)
October 04, 2019, 08:30:15 AM
October 04, 2019, 08:15:58 AM
The best advice that I always receive and probably the most popular among them all is only invest what you can afford to lose, every investors in a highly volatile market should follow this advice or else they will lose every thing, even if the market looks safe and experts are sating that it's safe and ok to invest always follow this advice and you will not go astray.
October 04, 2019, 06:24:20 AM
The best advise in the world is: Buy low and sell high!
But, to get a ruge profit, you should have a lot of psicology control and a long term plan, to wait a long time to take the PROFIT! The big one! =D
Such as now a day price is down so we can invest our money. After few years of price of bitcoin will be affordable. This is really nice to see people now have idea how to invest and where to invest actually. When the price falls instead of being worry and selling panic Better keep holding. Those who shows patience gets profitBut, to get a ruge profit, you should have a lot of psicology control and a long term plan, to wait a long time to take the PROFIT! The big one! =D
The people that causes panic sell the most are those that are trying to buy at a cheaper rate and then sell at a higher rate, so that is basically the only way that they get to make profit, and if we don’t listen to them, we can never lose our investment. My mentor always once advised me too that I should try as much as possible to always study the price action of the whales that if I can know when they will drop the market and when they will make it, then I am made.
October 03, 2019, 01:01:39 PM
"Fear when everyone is appetite, be appetite when everyone is frightened. So sell a coin when everyone buys, buy when everyone sells" this is perhaps the best advice I've ever heard in the crypto currency market. Because in general, reality is exactly the opposite of what everyone expects in the market. For example, if everyone expects a rise for bitcoin, a decline comes. Bitcoin rises if everyone is waiting for the decline. This has been the case for years. Constant
October 03, 2019, 12:00:33 PM
'do your own research'
It actually gave me more confidence in trading and learning about cryptocurrencies. And not to follow some random guys on Twitter or signal providers and stuff.
Yes. Make your own analysis and research on your own. Do not be dependent with other people's suggestions because their suggestions might only work for them but not for other people. And invest only what you can afford to lose. Crypto investment is very profitable especially if you have special strategies applied on it but we should not invest our whole savings in it because there is still no guarantee that we can reap good profits all the time. Losses is also inevitable in any types of investment.It actually gave me more confidence in trading and learning about cryptocurrencies. And not to follow some random guys on Twitter or signal providers and stuff.
October 03, 2019, 08:30:30 AM
'do your own research'
It actually gave me more confidence in trading and learning about cryptocurrencies. And not to follow some random guys on Twitter or signal providers and stuff.
Yes. Make your own analysis and research on your own. Do not be dependent with other people's suggestions because their suggestions might only work for them but not for other people. And invest only what you can afford to lose. Crypto investment is very profitable especially if you have special strategies applied on it but we should not invest our whole savings in it because there is still no guarantee that we can reap good profits all the time. Losses is also inevitable in any types of investment.It actually gave me more confidence in trading and learning about cryptocurrencies. And not to follow some random guys on Twitter or signal providers and stuff.
October 03, 2019, 07:25:29 AM
'do your own research'
It actually gave me more confidence in trading and learning about cryptocurrencies. And not to follow some random guys on Twitter or signal providers and stuff.
Yes. Make your own analysis and research on your own. Do not be dependent with other people's suggestions because their suggestions might only work for them but not for other people. And invest only what you can afford to lose. Crypto investment is very profitable especially if you have special strategies applied on it but we should not invest our whole savings in it because there is still no guarantee that we can reap good profits all the time. Losses is also inevitable in any types of investment.It actually gave me more confidence in trading and learning about cryptocurrencies. And not to follow some random guys on Twitter or signal providers and stuff.
-Emotion handling
-Risk management /Fund management
-Dont rely on guts and luck or simply dont do gambling
It isnt bad to look on others ideas as well but you should know how to balance if its
good to apply it on your own investment behavior or not.
October 03, 2019, 04:40:28 AM
The best advice I have heard, which unfortunately I didn't listen to of late is NEVER put all your eggs in one basket. I have done that with one investment and unfortunately, my funds are tied there and I can't get them out. Hence now I will never make that mistake again and I will try from scratch now to collect various bags form different coins and projects as opposed to being loyal to just one brand, that in all events can be high risk and I can maybe lose all my money in it. From this moment forward I will adhere to that advice like it is coming from God and never ever be loyal to just one project or company alone. That's the biggest and costliest mistake I have made after the other big mistake of not selling coins on the High in January 2018.
October 03, 2019, 04:30:33 AM
'do your own research'
It actually gave me more confidence in trading and learning about cryptocurrencies. And not to follow some random guys on Twitter or signal providers and stuff.
It actually gave me more confidence in trading and learning about cryptocurrencies. And not to follow some random guys on Twitter or signal providers and stuff.
October 02, 2019, 01:22:44 PM
Hey
Well let's start , everyone please feel free to share the best advice they think is what made them what they are today in terms of investments .
I think learning about managing your money can never be easy , but maybe we can make this a thread worth reading by the new investors and even the old ones ..never hurts to redefine your strategy.
As for me it was
*You never loose until you cash out*
Taught me patience.
Actually, for me "Do not ever put all egg in one basket" this quote is my favorite and I always apply in my different investments. This quote tells then never put all your money in one investment and you should split it in different investments because this thing will help you to lessen your losses once the price goes down. We have a different quote in our life but for me, in terms of investments I always remember this quote and maybe some of the people in this forum also know this quote.Well let's start , everyone please feel free to share the best advice they think is what made them what they are today in terms of investments .
I think learning about managing your money can never be easy , but maybe we can make this a thread worth reading by the new investors and even the old ones ..never hurts to redefine your strategy.
As for me it was
*You never loose until you cash out*
Taught me patience.
October 02, 2019, 03:40:49 AM
Hey
Well let's start , everyone please feel free to share the best advice they think is what made them what they are today in terms of investments .
I think learning about managing your money can never be easy , but maybe we can make this a thread worth reading by the new investors and even the old ones ..never hurts to redefine your strategy.
As for me it was
*You never loose until you cash out*
Taught me patience.
Actually, for me "Do not ever put all egg in one basket" this quote is my favorite and I always apply in my different investments. This quote tells then never put all your money in one investment and you should split it in different investments because this thing will help you to lessen your losses once the price goes down. We have a different quote in our life but for me, in terms of investments I always remember this quote and maybe some of the people in this forum also know this quote. Well let's start , everyone please feel free to share the best advice they think is what made them what they are today in terms of investments .
I think learning about managing your money can never be easy , but maybe we can make this a thread worth reading by the new investors and even the old ones ..never hurts to redefine your strategy.
As for me it was
*You never loose until you cash out*
Taught me patience.
October 01, 2019, 02:01:28 PM
Patience is the key to success
Dont lay your eggs in one basket
Learn from your mistakes
Dont lay your eggs on single basket is good but sometimes it do had adverse effect if you didnt able to
find out the right basket of your eggs that have been putted.
I agree on the line on op said that "you never loose until you cash out" which is more effective than other advises.
October 01, 2019, 11:05:59 AM
For Investment in the Crypto market is simple, it is known that the stock or Currency that will guarantee at some point will be Bitcoin, and if you want to diversify in Crypto then it is best to follow the currencies in the top5 of CMC.
And if it is an investment, it is to place your money there and wait as long as it takes until you get benefits, normally it is best to buy at the Accumulation stage and identify the Distribution Stage and sell there.
And if it is an investment, it is to place your money there and wait as long as it takes until you get benefits, normally it is best to buy at the Accumulation stage and identify the Distribution Stage and sell there.
October 01, 2019, 11:00:34 AM
For me it was "you miss 100% of the shots you don't take."
Was a hell of a real eye opener considering i just used to sit down on my money the way parents do and they just keep saving and saving in the bank. I'm so happy to have read books like rich dad poor dan and as a result have luckily invested in some winning coins and stock. Bitcoin, in my opinion, really is starting to look like an appetizing buy tonight.
Was a hell of a real eye opener considering i just used to sit down on my money the way parents do and they just keep saving and saving in the bank. I'm so happy to have read books like rich dad poor dan and as a result have luckily invested in some winning coins and stock. Bitcoin, in my opinion, really is starting to look like an appetizing buy tonight.
September 30, 2019, 01:02:20 PM
The best advise in the world is: Buy low and sell high!
But, to get a ruge profit, you should have a lot of psicology control and a long term plan, to wait a long time to take the PROFIT! The big one! =D
But, to get a ruge profit, you should have a lot of psicology control and a long term plan, to wait a long time to take the PROFIT! The big one! =D
September 30, 2019, 12:13:32 PM
Hey
Well let's start , everyone please feel free to share the best advice they think is what made them what they are today in terms of investments .
I think learning about managing your money can never be easy , but maybe we can make this a thread worth reading by the new investors and even the old ones ..never hurts to redefine your strategy.
As for me it was
*You never loose until you cash out*
Taught me patience.
Well let's start , everyone please feel free to share the best advice they think is what made them what they are today in terms of investments .
I think learning about managing your money can never be easy , but maybe we can make this a thread worth reading by the new investors and even the old ones ..never hurts to redefine your strategy.
As for me it was
*You never loose until you cash out*
Taught me patience.
I did 2 things:
1. Long-term investments
2. Daily Trading
Perhaps what I often do is daily trading. Daily trading, in my opinion, is profitable but sometimes it will also be a loss. My strategy now buys the coin when the price is red. And I also did not wait for a long time to profit, but the price has increased and made a profit, I immediately sold.
Long-term investments are also still the best strategy for generating profits. But we must be patient to make a profit and at this time the coin price still does not grow taller. So I focus more on daily trades.
September 30, 2019, 09:25:18 AM
Investments are really for courage people who are always looking into the future especially with blockchain solutions. I have lost quite an amount with some projects who had a great vision yet the greed of men which never ceases made them give a damn about their solution. Once they make their profits they abandon the project. Henceforth i have also taught myself not to hold all the assets of any project but sell some and hold part of it. That way i don't keep all my eggs in one basket.
September 30, 2019, 08:13:49 AM
Hey
Well let's start , everyone please feel free to share the best advice they think is what made them what they are today in terms of investments .
I think learning about managing your money can never be easy , but maybe we can make this a thread worth reading by the new investors and even the old ones ..never hurts to redefine your strategy.
As for me it was
*You never loose until you cash out*
Taught me patience.
Well let's start , everyone please feel free to share the best advice they think is what made them what they are today in terms of investments .
I think learning about managing your money can never be easy , but maybe we can make this a thread worth reading by the new investors and even the old ones ..never hurts to redefine your strategy.
As for me it was
*You never loose until you cash out*
Taught me patience.
I did 2 things:
1. Long-term investments
2. Daily Trading
Perhaps what I often do is daily trading. Daily trading, in my opinion, is profitable but sometimes it will also be a loss. My strategy now buys the coin when the price is red. And I also did not wait for a long time to profit, but the price has increased and made a profit, I immediately sold.
Long-term investments are also still the best strategy for generating profits. But we must be patient to make a profit and at this time the coin price still does not grow taller. So I focus more on daily trades.
September 30, 2019, 06:32:01 AM
The best thing that works everytime is to "never invest what you cannot afford to lose." This is very true, had a lot of friends who joined crypto a bit late during the hype and had lost thousands of dollars due to it. Investing is not an easy way to earn money and crypto is not a magic that can turn you rich over night, it can but it requires great risk.
Also, never get emotions get in your way when investing or trading. This could lead to bad dicision. I've experienced this a lot when panic buying and selling or even due to FOMO. Trust what experiences you have learned and all the knowledge you have acquired due to your mistakes and failure and bever to repeat the same mistake twice.
Also, never get emotions get in your way when investing or trading. This could lead to bad dicision. I've experienced this a lot when panic buying and selling or even due to FOMO. Trust what experiences you have learned and all the knowledge you have acquired due to your mistakes and failure and bever to repeat the same mistake twice.
September 30, 2019, 06:13:59 AM
The best advice: only invest what you can afford to lose. I changed it a bit into: treat your investment like lost money from the start. If you really lose it you won't be surprised and if you win you'll feel great.
The worst advice: always differentiate in crypto. It's so bad. You can differentiate between forms of investments like real estate and crypto but never differentiate in crypto. It's pointless because cryptocurrencies follow bitcoin and react like a group.
The worst advice: always differentiate in crypto. It's so bad. You can differentiate between forms of investments like real estate and crypto but never differentiate in crypto. It's pointless because cryptocurrencies follow bitcoin and react like a group.
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