Topic: what makes us good investors. - page 22. (Read 5420 times)

People who have 200 to 10,000 Bitcoin, they bought Bitcoin for less than $100. These people saw Bitcoin as digital asset and payment system. But when Bitcoin went to $2000 all the big investors will not risk $2 million to $60 million. They want to sell bitcoins and buy gold, house, cars, business etc...

to be a good investors i think check the background , teams , their vision of our future , mostly the products of the company and know them or talk them why they build this company and so on . this is what i do i need to be more cautious . be smart

You are right, that's why many people will suggest us to be accurate in trading otherwise, you need to wait for some time. If you make any profit on your investment then you need to sell them very fastly, otherwise, you will lose patience if you waited so long in the market.

and the last don't forget for luck because in this market the price can go up/down very fast.
sometimes your prediction is not accurate, but yes for emotion is the main factor.

Being a good investors having patience and holding the coins for short term targets and analysis the fundamental of coins history and following the news all these are necessary qualities to be a good investor

I like the set of qualities of a good investor you listed, I would like to add that every investor should be and feel like a researcher who patiently studies the sea of useless rubbish and finds diamonds in it.

I like the set of qualities of a good investor you listed, I would like to add that every investor should be and feel like a researcher who patiently studies the sea of useless rubbish and finds diamonds in it.

A good investor must be hard working, patient, dedicated, have sufficient knowledge, not emotional, and most importantly have goal. Even if you have all these traits if you don`t have a goal, then most likely, you will end up loosing.

Selling or buying investments ?
As a bitcoin trader the hardest decision that we can ever take is , selling our beloved cryptocurrency and this is preety hard because of :-

1.   Our emotions
2.   Our lack of knowledge
3.   Hope !

Well you all can relate to the fact that whenever we are into selling something, we take hasty decisions, generally if the price is falling and we lack patience and even if we are scared that this can go worse in the future we generally sell and then regret moments later when we see it climbing ladder.
Even if the price is going great and its increasing we generally tend to regret if we sell it and the price continues to grow.
This is really hard once our emotions are involved with our investments.
I think that the best thing we can do is separate our emotions with our investments. We should kind of make a pact to never regret any decision that we ever made because in the words of Victoria Holt “never regret, if it was good , its wonderful and if its bad, its experience.”
I think what’s important is taking into account every single detail in the market regarding our investment and at the same time emotionally detaching our minds and making stable decisions and that’s what makes a investor successful.
Also someone has truly said “the investment market takes money from the hasty one and gives it to the patient one”

A good investor must be hard working, patient, dedicated, have sufficient knowledge, not emotional, and most importantly have goal. Even if you have all these traits if you don`t have a goal, then most likely, you will end up loosing.

yes, it agrees with conviction and patience that is needed and many investors panic and fear and make negative news and information about the currency development of the currency and maybe that makes things worse

Being a good investors in crypto trading, I think one of the factor of that is We are not emotional every time were in the actual trade.
We are confident and calm while watching what's happening inside the platform exchange, and Mostly We are full of knowledge, and idea about what we are doing while were in the setting our coins whether its is buying or selling.