Topic: what makes us good investors. - page 16. (Read 5420 times)

That is the whole reason why Knowledge is considered power. Those who have knowledge and know how to implement it for the better become the leader of market and ignorant remains followers. Without having a good idea of what tool or asset someone is holding, it is impossible to get benefit from that to its full potential. Self control become impossible too without wisdom and learning.

I totally agree with your ideas, the most basic mistake is to lose money is the lack of knowledge, often people only focus on money but do not exchange knowledge and knowledge is very important, it helps you avoid mistakes and step faster. Besides emotions are the most important factor in trading, some people often panic selling when the market price goes down because they are afraid of losses, in other cases they will sell when seeing the price has just increased because they want to benefit leap immediately. Personally, in order to be a good trader, you must know how to handle your emotions, have a good plan and be patient to observe the market and make a final decision.

Sometimes, no guidance can become blessing in disguise. People who invest in these coins out of their own research are able to survive through all sorts of bad situations. Knowledge is power. After gaining good understanding of their holding and the market, they do not need to depend on others opinion. In order to develop patience, knowledge is required. The element of risk gets eliminated too.

when they have good knowledge they must have good patience too. especially investing in bitcoin, if they have the knowledge, they know the movement of bitcoin for the long term is very good. most investors should have good patience because the investment requires a long period of time. while short-term trading does not include investment, imo.

I think there are a wide variety of things that make good investors and there are many types of investors. they all may be good investors, whether passive investors or very active investors. In my opinion they all have unique qualities, but they all tend to want to learn. they Learn patience and choose a investing time-frame and stick to it, such as long term or short-term. Most of the great investors have their own opinions about things, even if that opinion contradicts everything the market says. so learn how to think on your own. the market will be there tomorrow, next week, next month, next year. Learning and being patient is more important than anything.

That is very important once the investor are investing in bitcoin they have more patience. Because patience is good one emotions in investing industry. So we need to be patience and have more knowledge about what they are doing about investing in bitcoin. Its been a good if they have good enough capital so that they have invest it and get a good profits.

Patience, it helps to wait for the moment when the price of the asset reaches the desired level. Many do not have enough patience, they think of themselves as traders and lose the deposit, while it is much safer to just buy and wait. If you do not understand day trading, it is better not to do it.

Patience and being not greedy.

There are not many good alts in the market and if you really look at the technical aspect of it then you will find the similarity, if you are investing by listening to other vague predictions then your investment will go down the drains, if you are looking for any form of investment then look for bitcoin and nothing else, i wanted to respond because of your funny way of writing  .

These are bullshit services and avoid it like a plague.

There are many reasons that make us become a good investor, one of the reasons we become a good investor is always wise in
managing finances. In other words, as an investor, not investment carelessly, he must really do research and investigation to find
the right coins to invest. A good investor is also not affected in making decisions in choosing coins. And the last reason why we can
make a good investor is not being greedy in pursuing profits. If it is when selling coins that we hold to make profit, it will be done
without delay. By delaying taking profits can result in investors experiencing losses, because coins we have can down suddenly.

Good investor have technical for investing which one good altcoin, many investor only heard some one recommendation without recheck with altcoin is good for investing or not. Become good investor need time for analyze with altcoin first before investing, right now many people have open service with their knowledge investing with bitcoin and altcoin.

I think it can boil down to setting limits and sticking to it.


Yes, we have to research properly before throwing money at new investments and then after that we just need to observe it. I did read about bitcoin first and asked people I know before I tried it. Now that I know at least the basics (can't really wrap my head about the technical stuff) I just keep myself informed with news, etc, and try not to be emotional about it.

I have a different thought about Investment and Speculating in the market, certainly being an Investor requires having that amount of money destined only for the currency, suppose in Bitcoin, when an investor decides to put his money in bitcoin, he must be aware that he must Wait as long as necessary until you start giving benefits.

The case of the speculator does not, because the market speculator is directed in the direction of the market, that is, if the market goes up, the speculator is in Long, to obtain profit, if the market is in bearish trend, the speculator is in that sense , always looking for profit in the medium or short term.

Many investments fall apart when the investor regresses, that is, withdraws his money from the investment without having waited long enough, it becomes a waste of money and time.

The investor must follow up on his investment, either days, weeks, have an idea of ​​what is happening in the market, however, emotions are always present, it is what makes us human, the study must be very clear Previous market to maintain their conviction and know how to wait patiently to achieve the objectives, therein lies the success of an investor, however, to reach that level, you need a lot of financial maturity and experience, it is difficult but not impossible.

it is true that patience cannot be kept away from investment, because basically investment is long term. what we need the most is knowledge, because it is very important in the investment, if we have a lot of knowledge we can at least minimize the risk.

all types of investment require patience in doing so, whether it's crypto or real life. one thing that makes us a good investor, is knowing what we are investing in. in this case, we not only follow investments based on trends but because we know that these investments will lead us to profit. it applies to the real-life and crypto world.

Being a good investor really needs patience and effort. We cannot make good trades if we easily exhausted in the price of the coin we want to buy and sell. Trading needs time and we will do it if we will wait for the perfect time.
We can't predict the price but we can make good trades, if we just have patience and good execution.

If it's just Bitcoin then what you need the most is definitely patience and a lack of attachment. You can't be too reactivate. You have to be patient enough to wait for better price to buy and resist the urge to sell when you feel you are "losing"

For alts you need to be diligent in researching the project and you need some intuition to predict whether it'll be successful or not.

Emotions must be taken out of the decision process that we take, at first this may seem easy but many times I see investors taking decisions based on their emotions instead of letting their strategy to play out and when that happens it is better to try to comprehend why this is the case.

If you do not do that then it is impossible to eliminate your emotions when you invest and if you are unable to do that then it is impossible to eliminate your mistakes which is key to become a successful investor.

Setting goals is one of the most important thing that every person should do because you will not have enough motivation everyday if you don't have a goal or an end point. If you don't have goals then your emotions will eat you out because you don't have an exit plan and all you do is stay at the game. Set goals and act base on your goals so you will not be relying to your emotions.

  This is basically greed. These traders shall set some specific percentage of profits and stick to it. In this way, they would be able to avoid greed and focus on percentage they want. Emotions play vital role in decision making so this is why in order to grab more profit, many investors lose what they could have. Afterwards such traders are blaming coins or either they go in depression. I will simply suggest setting goals.