Topic: Why makes you so confident in your investment decisions? - page 2. (Read 433 times)
Experience makes me confident regarding my investment decisions. Experience matters a lot in a such an extremely volatile cryptocurrency market. I have experience trading in forex matters which has helped me with my investment decisions in the cryptocurrency market. This particular forum itself has also helped me on many occasions due to the plethora of knowledge available here which is why I always recommend this forum.
Your reasoning is all askew because every investment is a personal decision, and portfolios matter more to the person concerned than anyone else, also largely because your reasoning kind of worked around the promotion of your written article. Your opinion is valued, but not authoritative. I guess confidence then defines itself as belief in oneself.
What makes me feel so confident of my decision of investment. It probably signs that I am ready for investment. I mean here, investing in crypto is not a small trust and decision. It requires the big decision and important considerations. Investing in crypto needs the excellent analysis, research, and also considerations. If we have been ready with all of them, we must be very ready and confident with our decision.
the majority of beginners just follow what the choice their predecessors because it is considered to have more insight. This is great but surely many who panicked when opinions will vary. to be sure and confident with what's invested better analyze yourself based on facts and the existing potential. so the results obtained will be far better and certainly, the risk as well as a profit will be made proud and confident.
This is a very common thing and if you buy every coin that was called "next BTC, next ETH, next Apple", you would have to buy every single one. In my opinion, every portfolio of every investor reflects his desires. And when they find a project that is "JUST WHAT I WAS LOOKING FOR", he stops looking at it rationally and he would promote it even if they are not good at it. We are human beings and we are driven by emotions. They are an inseparable and essential form of our consciousness. Avoiding to not fall in love with a particular project is a crazily difficult task, but most of the time it is necessary to do so. Their confidence is built on their research and euphoria of finding it. We can not blame them, but I would strongly advise making your own research before you put money into a project. You will be able to blame yourself for doing so if you are not right 
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What do you recommend for investment? Remember, if you want to conduct a productive dialogue, you need to offer an alternative to something that you do not agree with.
I am confident in my investment decision for bitcoin. Actually I have studied a lot on the bitcoin as well as the crypto currency market and talked with different types of investors. I have also read many articles on different projects, coins and tokens of the crypto currency market. That’s why I am confident about my investment decision.
Yes, I am confident in my investments, because everything was pre-determined and analyzed in advance, so as to avoid large losses to the maximum. But, no one is unfortunately immune from sharp fluctuations in the market of crypto-currencies
The reality is: If you go and invest into some crypto's then its already a risk but when you start getting huge profits from that crypto currency then you start believing that things really work out. Then your brain teases you to look for more such crypto currencies and you load more money into the wallet, go and hunt for the great looking projects. Sometime you fail, but you dont wanna believe that failure because your brain keeps telling you about the few of the success that you gotten into it. It works the same for most of the people, but it really works fine when the portfolio is widely distributed as it raises your odds of winning. This is the way I look at it.
I think it should be change from "why" to "what". What makes me confident to invest is my years of experience in crypto currency it had help me a lot in decision making cause there are things that can only be self thought.
It makes me confident my investment decision if i research the background of this project,analyze it very well and the team behind this project are more on experience, investment is very risky at all time if you are not confident with your decision don't force your self to invest maybe it will result of loosing your capital.
Because, all people buying it, so that'swhy im so confident.
Most of the time I only want to believe in bitcoin.
Because bitcoin is recognized by the SEC, most tokens are useless.
Because bitcoin is recognized by the SEC, most tokens are useless.
Something I noticed is I see a lot of people saying something like this: "I invested in this coin, it looks good." It's a very common phrase when someone gives a recommendation around here.
It's telling when someone says "that one looks good" instead of saying "I know that one is good"
It like when you ask your friend a question and they say "I think so" instead of "I know so". It's away of distancing yourself from your answer to mitigate any damage in case you're wrong.
It also strikes me strange when someone's got a portfolio with 10 or more different cryptos, I just think that's plain wrong. Ideally you should have up to 3 cryptos (personal opinion), and I've explained why in this thread https://bitcointalksearch.org/topic/80-of-altcoins-will-fail-optimum-strategy-picking-3-coins-no-more-no-less-3627234 but the takeaway is that cryptos are risky business. It's not good to expose yourself more than you have to. It's like staying in the casino longer than you need to.
If you were offering a sniper rifle or a shotgun to someone, the person with his/her eyes wide open would choose the sniper rifle. The person with their eyes closed would choose a shotgun.
just follow your heart in investing and dont care what people said but you could use others opinions as informatiom to doing more research and to make sure you hold the good one. We shouldn't selfish and keep thinking that we invest in right one. Sometimes a advice could turn out to be helpful. Anything need a prove and reasons. It's telling when someone says "that one looks good" instead of saying "I know that one is good"
It like when you ask your friend a question and they say "I think so" instead of "I know so". It's away of distancing yourself from your answer to mitigate any damage in case you're wrong.
It also strikes me strange when someone's got a portfolio with 10 or more different cryptos, I just think that's plain wrong. Ideally you should have up to 3 cryptos (personal opinion), and I've explained why in this thread https://bitcointalksearch.org/topic/80-of-altcoins-will-fail-optimum-strategy-picking-3-coins-no-more-no-less-3627234 but the takeaway is that cryptos are risky business. It's not good to expose yourself more than you have to. It's like staying in the casino longer than you need to.
If you were offering a sniper rifle or a shotgun to someone, the person with his/her eyes wide open would choose the sniper rifle. The person with their eyes closed would choose a shotgun.
Because this is what we need,to be confident and tougher since in this bearish market we will always low morale if we dont have this attitude remember that the Fud and fake news are the weapon of those who wanted crypto down,specially those anti bitcoin thats why we need to be this strong
It's important not to believe in the coin, it's all nonsense, even a good project can have problems and eventually close, and you will lose your money. It is important to make an investment portfolio correctly, so that there is always bitcoin (it is recommended to have 40-50% of the capital in it), ethereum-10-15%, the rest - altcoins for your strategy (depends on what kind of risk for you is acceptable).
Confidence in this is very irresponsable.
The reason behind why people see this bloodbath and continue confident, is because they feel (without any reason to do it), that the market will recover for some reason unknown.
They WANT TO BELIEVE IT. They don't accept reality, and they hope they will get away with this, they will win money and all will go well. The problem is that it's possible to see a never-ending dip that can crash the basis of this market and this option is more bound to happen than to see a bullrun.
It's a combination of ignorance, faith and irresponsability with your own money. But hey!! the best meme will be seeing this people hit their heads to the wall watching how they've lost it all due to a blind-faith in something that shouldn't be trusted by any means.
The reason behind why people see this bloodbath and continue confident, is because they feel (without any reason to do it), that the market will recover for some reason unknown.
They WANT TO BELIEVE IT. They don't accept reality, and they hope they will get away with this, they will win money and all will go well. The problem is that it's possible to see a never-ending dip that can crash the basis of this market and this option is more bound to happen than to see a bullrun.
It's a combination of ignorance, faith and irresponsability with your own money. But hey!! the best meme will be seeing this people hit their heads to the wall watching how they've lost it all due to a blind-faith in something that shouldn't be trusted by any means.
Everybody has their own investment decision. and everyone is sure to find out about the pennies they want to invest. so that they always have confidence in their investment decisions
I can never be absolutely sure of my investment decisions. We are working with you in a market where nothing can be predicted for sure. At any moment the situation can change.
Actually you don't know for sure if your investment will be a good one. If it would be, so everyone would be rich already. All invesments are opinions about probability you hope to reach sometimes. By analyzing your investments you can make sure you tried your best but how it happens in future nobody knows...
Good luck!
Good luck!
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