If we learn from our mistakes, what words of caution would you like to share.
There are many ways to go wrong in this market, probably the most common is to invest in a coin without really having any kind of knowledge about it, it can be a huge problem especially since many people are hoping to get huge profits early and without too much effort when in most of the cases the ones that get the most out of their coins are the ones that hold for a long time. 
Topic: You can go wrong! - page 27. (Read 4214 times)
On the first pump of a coin that is just released or listed, sell it all right away. It always get dumped after some months and then at that moment, you can pick it up again very cheap.
Anything could go wrong in an environment you have direct control over, much more with something you don't have.
So what I can share is don't sell your tokens right away, give it time to pump and offer way more than it can at a time; don't rush trading if you don't have sufficient experience, though we can never how to gauge sufficient largely dependent on density; don't quit your day job, if anything else fails, you have your other source; Crypto market is volatile, be sure to enjoy your earnings, spend a few like 15% of a time.
So what I can share is don't sell your tokens right away, give it time to pump and offer way more than it can at a time; don't rush trading if you don't have sufficient experience, though we can never how to gauge sufficient largely dependent on density; don't quit your day job, if anything else fails, you have your other source; Crypto market is volatile, be sure to enjoy your earnings, spend a few like 15% of a time.
I really like this thread, because it touches on so many points that I've made myself, including emotional selling, selling bounties immediately etc... good to see its not just myself doing this as a newbie at one stage!
In the panic will always get more losses. Patiently and holding your coins is always better in this market. Do not sell your holdings in a panic when the market goes down, presumably it's always good to buy in every decline required for purchase. and held for some time
When you've made a mistake, try again and learn from that mistake.
Try and try until you succeed. Making a mistake is good so that we can learn something from that.
It is good to avoid mistakes and it is also good to make mistakes.
No one is perfect so you should try harder to achieve your goal.
Be confident n everything you do and you will be happy with the results.
Try and try until you succeed. Making a mistake is good so that we can learn something from that.
It is good to avoid mistakes and it is also good to make mistakes.
No one is perfect so you should try harder to achieve your goal.
Be confident n everything you do and you will be happy with the results.
for me, you should never regret anything we do in the crypto forum. I never regret even though I often make some mistakes especially in trading every trading has a high risk but also promising. and if you can control that risk, you will benefit faster.
we should say all investments in bitcoins are at high risk, and if you can control all the risks, you'll be fine, so you'll find it easier to earn a pretty good income.
never give your private key away. this is one of the biggest mistakes that can happen and if you take part in a bounty campaign or airdrop, never post your private key there. check your address twice before you send it.
saw many times in the spreadsheets the keys from people.
i think they can lose all their coins/token with this kind of mistake.
saw many times in the spreadsheets the keys from people.
i think they can lose all their coins/token with this kind of mistake.
If we learn from our mistakes, what words of caution would you like to share.
1-always try to read the white paper2-research is very important
every coin with a whitepaper collapsed. WAU Coin has gone up 90% of days since launch and has no whitepaper. the single most overrated item in coins is the whitepaper, followed by vector polygon graphics on a website. they are usually copy pasted or ghosted from other sources and have little to zero implication of the economic viability
Dont hold your coin in long term because fluctuaction of crypto so high, and will be much better to trade it by swing trading to maximize the profit and minimize the lose. Dont be greedy when taking profit and and dont over trading for day trader.
If we learn from our mistakes, what words of caution would you like to share.
1-always try to read the white paper2-research is very important
For a short period of time that I have been here in cryptocurrency world I’ve done so many mistakes let’s just focus in my trading experience and give you some piece of advice. If you are new and don’t have any knowledge in trading your like flying a plane without being able to read the instruments. Number 1 advice: avoid buying assets that are clearly overpriced; number 2: always have a plan in buying and selling; number 3: always look for undervalued bargains instead of overpaying; number 4: set up citeria for a trade. After all of that determine the points.
Learn from your mistakes. In order to become prosperous you have to deal with corrections and worst case scenarios but it doesn't mean that you will drown with it. For example if you had engaged yourself with a coin investment that is not credible and it's too late for you to take back everything it doesn't mean that you will lose all the things you have invested by simply just letting it be. Stand up, do what is right and just and next time be sure that you invest in a credible and liable crypto currency. Research first to surely prosper in the future.
For a short period of time that I have been here in cryptocurrency world I’ve done so many mistakes let’s just focus in my trading experience and give you some piece of advice. If you are new and don’t have any knowledge in trading your like flying a plane without being able to read the instruments. Number 1 advice: avoid buying assets that are clearly overpriced; number 2: always have a plan in buying and selling; number 3: always look for undervalued bargains instead of overpaying; number 4: set up citeria for a trade. After all of that determine the points.
I remembered a man who was going to sell his house in order to invest his money in bitcoin. This is an act of an incredibly stupid person. Never do such stupid things.
In December it was an incredibly smart thing to do. He could have bought 10 houses with the gains. What a difference a couple of months make. If he did it now he'd have to sleep under the bridge.
I remembered a man who was going to sell his house in order to invest his money in bitcoin. This is an act of an incredibly stupid person. Never do such stupid things.
If we learn from our mistakes, what words of caution would you like to share.
Thus, let's say that everything is risky in the market, but if you have steel eggs and a cold head everything will be fine.I think there are so many words you will get from the member and what is yours?
For me, i am too greedy so when i am making good profit but i felt not enough so i was waiting the price up again but lose that i get.
- stick to what goes up never buy on yobit or bittrex
- only buy appreciating monetary units like wau coin
- BTC forks are dogshit, they do and will crash, they all did
- only buy appreciating monetary units like wau coin
- BTC forks are dogshit, they do and will crash, they all did
If we learn from our mistakes, what words of caution would you like to share.
researchask questions
read white paper
I'd like to suggest that you don't keep your money in exchanges when you don't have to. To me, they aren't trustworthy enough. Just my opinion though...
I'd also like to suggest patience. You're gonna need a lot of it with crypto. If you miss out once, I wouldn't worry, because you'll probably get another chance with a different coin!
Human as we are, we always commit mistakes because we are imperfect in so many ways like abilities and capabilities but we always had the chance to correct our own mistakes and start all over again. Do not dwell on the past rather focus on today. Learned from the experts but don't expect too much as crypto market has volatile in nature. I'd also like to suggest patience. You're gonna need a lot of it with crypto. If you miss out once, I wouldn't worry, because you'll probably get another chance with a different coin!
Be patient and do not be greedy. Many people chase the pump because they are greedy and lose all the money. Personally, I always do my own TA and research because I don't believe other people financial advice.
We are living in a world full of false paths, values, and ideas. Do not be misled and influenced by what you see around. We have to be prepared and willing to face any challenges that may happen in this inevitable life. In crypto, if you feed your personal and professional aspects with the knowledge, ideas and the right attitude then you're ready on board and will never go wrong. Jump to: