Topic: what makes us good investors. - page 33. (Read 5450 times)
if the person intends to make a long-term investment, something like a 3 to 5 year investment, then the person will not spend all day in front of the computer looking at the price and crying at bitcointalk. The truth be told, who buys and holds for 3 to 5 years does not get headaches every time the price falls. Let's assume people who bought when the price was in the $ 6000, and price drops to $3000. but because the person is making a long-term investment then that person would not panic because the price fell to $3000.
So, most importantly all investors will be good if indeed they are not regret about their decision to buy and also sell. Regret will only make our emotions worse, but when the investor is ready with the risk and has a strong determination about the decision chosen then it will not make their determination worse when the price moves further whether it goes up or down, so investors can be more controlled and have good confidence.
I think important traits to be a good investor are (not in exact order):
1. Knowledge
2. Emotional stability (as mentioned)
3. Instinct
Instinct can make you a ton of money, especially if you catch the bull market early. Knowledge is important for understanding technical and fundamental analysis. Emotional stability prevents you from making unwise decisions that override your knowledge.
1. Knowledge
2. Emotional stability (as mentioned)
3. Instinct
Instinct can make you a ton of money, especially if you catch the bull market early. Knowledge is important for understanding technical and fundamental analysis. Emotional stability prevents you from making unwise decisions that override your knowledge.
It's always hard to be a good investor in this crypto investments field, because instead of traditional investments, here the prices fluctuate much more and sometimes without apparent reasons. You can be skilled, patient and smart, but sooner or later you will sell some coins and on the day after, you will see the currency's price will be even more expensive than when you sold.
Or the opposite can happen too: you keep holding, expecting to sell more expensive tomorrow, but when tomorrow comes you see the price falling hard...
I think a kind of "luck" is needed to be a good investor.
Or the opposite can happen too: you keep holding, expecting to sell more expensive tomorrow, but when tomorrow comes you see the price falling hard...
I think a kind of "luck" is needed to be a good investor.
In addition to the requirements of analysis of the moment and the past, a good investor is one who knows how to wait the necessary time and also has the ability to detach from his ideals when necessary. On the other hand, the thought that being at the right time and at the moment time, is also a good hability. However any definition is valid only when we obtain satisfactory results in our plans, otherwise it is just theory.
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What makes you a good investors its your ability to research on project before investing. Many people invest in project without researching about the project they just go blindly. Its important that you research well before investing in any project thats what help you make right decisions
There are several things that make a good investor. For me, thorough research should always be at the top. You really have to know what you are dealing with and understand the risks involved before taking any actions. Another important factor is controlling emotions. We must understand that cryptos are susceptible to volatility and we should always have the patience to wait for the best time to gain profit.
If we are want to be a good investor and make profits, research is important thing and if we believe on the project, better keep hodling for long term. If we keep hodling for long term, the project will developing more faster and produce a good product. I am believe good investor is long term investor and able to be patience with his investment
Yes, right, I will also try to be a good investor as you say, it is true that we must have our own principles and can arrange what tokens / coins have the ability and that must be known from an investor.
There are several things that make a good investor. For me, thorough research should always be at the top. You really have to know what you are dealing with and understand the risks involved before taking any actions. Another important factor is controlling emotions. We must understand that cryptos are susceptible to volatility and we should always have the patience to wait for the best time to gain profit.
If we are want to be a good investor and make profits, research is important thing and if we believe on the project, better keep hodling for long term. If we keep hodling for long term, the project will developing more faster and produce a good product. I am believe good investor is long term investor and able to be patience with his investment
Being a good investor in cryptocurrency, we must have good research on what coins we are going to pick as an investment. In this case, it is really to decide on your own because of having a barrier itself and that is an emotion and being afraid to get a loss. Investors must have good timing and of course, it must courageous to commit decisions. One thing that can good investors have didn't listen to any FUD news.
To be a good or professional investor in crypto market is difficult and it depends many different factors to become a good one. Something like knowledge, patience, dilligence, skill and that sort of things are basic factors that we have to prapare beforehand if we want our investment to be much smoothed. Actually, almost all of us have fighted with our emotion a lot whenever we come to a decision. Definitely we used to face the common situation and then get regretted with what we did. However, i believe that the more we learn from mistakes, the better benefits we can get. Don't regret with what you did, just regret when you don't make the best effort on it.
There are several things that make a good investor. For me, thorough research should always be at the top. You really have to know what you are dealing with and understand the risks involved before taking any actions. Another important factor is controlling emotions. We must understand that cryptos are susceptible to volatility and we should always have the patience to wait for the best time to gain profit.
if we want to become investors, we must first learn about all things related to crypto. we must be able to master various things about crypto. so we have basic knowledge that can be used to start investing in crypto. don't try investing when you don't have the knowledge and experience.
Confident with hope will make everyone to be a good investors because in this situation we need to be more confident and trust a good investment then only will be profitable for everyone that who had concentrated their patience level.
Yes, being confident with hope will help us to decide easily on which can strengthen by study first the investment that can help us to choose and encourage us to hold it for a long-term because we believe and know the potential of it in the community that can improve financial life of every individual.
Good investors have a natural algoritma to decide whether it is time to buy and leave. Timing is very important and these people do not regret for the past. Somehow they manage to focus trends and be mostly at the right side of the market.
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”
yes definitely but more than this things that you sing a best investment is always made you the best investors because it will the first and foremost thing that to be consider everyone while investment because the profit is always based on your investment. 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”
Confident with hope will make everyone to be a good investors because in this situation we need to be more confident and trust a good investment then only will be profitable for everyone that who had concentrated their patience level.
The first is that you need to know the basic concept of investment where crypto prices can fluctuate at any time and it takes a very long time to find a pump that is good and very different from stocks or other, of course requires very good patience and good analysis not only invest everywhere the most important thing is not to store eggs in one basket because it is very risky, in a long time you have to have passive income for living expenses every day, all have risks so don't be surprised if everyone is afraid of it.
If you have enough skills to make money from everything you were invested then you are called as good investor.I know not much people who are investing on cryptos have enough knowledge about why they were investing most of them heard the word bitcoin from others so they were also investing but a real investor will analyse all the risk on an investment before investing their money.
You mean taking away our emotions from whatever decision we will be making specially when it comes to our cryptocurrency holdings? I don't think it is possible. You acquired your holdings because you like them and they are valuable to you and it took you your hard earned money to have them and you are expecting us to be detached emotionally from them, man we are human. We cannot just throw our gold, diamonds and pearls to the pigs to be trampled down. Besides being affected emotionally makes us more careful the next time we make decisions because we don't wanna feel the pain of loss again.
IMO, A good Investor is hardworking, patient and never greedy.I think a good investor can success in trading and make good profits.I think a good investor holds the proper knowledge of investing rules and can make something good even the market is rough.I think one need to be experienced for considering Himself a good Investor.
when deciding to become an investor we must truly believe in the project that we are following. we should never feel panic or excessive emotions because it will give birth to distrust of DEV and the team so that you will think about selling your tokens immediately and leaving the project.
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