Number one biggest tip I can give is not falling to the biggest screw over emotion of all and that is FOMO. Whether it is FOMO on the way up or FOMO on more profits and you don't sell, FOMO is the #1 culprit of all bad trades and I would advise you get a hodl of this emotion before it drains your account faster than a New York minute.
FOMO is like a sharp two edged sword and it can cut into pieces if you are not careful. A lot of people have fallen for this and they ended up getting screwed for it, while some ended up getting scared and selling for loss and that brings me to the part that even if you ended up in the FOMO space, and you could not sell back at the top to buy back at the bottom, hold and wait for the market to recover because it will always do. 
Topic: You can go wrong! - page 35. (Read 4214 times)
I will say dont regret anything that we did in cryptocurrency world, learn from our mistakes to make us better.
dont be to greedy, sell when it is profit enough
dont participate if you dont wanna take the risk of
Regret will never even help. Once you make a decision, whether it flopped or not, accept it, make amends if necessary or just move on.dont be to greedy, sell when it is profit enough
dont participate if you dont wanna take the risk of
Greed has so much allowed so many people to lose in this field. I was definitely one of them and over time, you just have to learn in a bad way as history will always repeat itself. The most important thing is to always do the opposite of what the average people are doing in the market and you will be fine which is for you to be greedy when others are scared and vice versa.
If we learn from our mistakes, what words of caution would you like to share.
- Don't sell your token when at low value
- Don't buy to much token for a short time or long time token we can not predict what will happen because other will run or just scam
- Don't trust other people that email you in your gmail and want your information
- Don't give your account to other people
- Don't rash decision
Just that only i learn from my mistake.
The first thing I will say to myself is "This mistake is not the end of everything". This is a risk that must be accepted and do not let us go back to doing the same thing.
Of course a lot of falls and ups I saw on my way. Started with ISO and then earned some money there already invested currency. Received money. Somewhere to the point. Somewhere the companies ended with a first gasp. The main thing in our business is not to despair.
The most important statement I have heard as regard cryptocurrency trading and investing is the saying that goes like this : You can never time the market. You could make intelligent guesses but no one knows the future. So if you are selling or buying, do it in batches gradually and slowly.
1. Learn more about diversification of your earnings. You don't need to sell everything you have, and also if you would like to invest - not all in one coin.
2. Don't trade every day basis. And your money will be in safe from yourself.
3. You can work only this sphere and not to have a job and I would like to see how it will be. Sometimes people really complete this task, but in early moments when you just start your crypto biography I don't advice you to seat without job.
4. Use every opportunity to participate in if you are waiting for something will shoot. It is impossible, I think, to participate only in one project bounty, in signature, social media, blogs and other in one campaign because in this case you wouldn't get your employment in every day basis.
5. Be careful in choosing the projects. Sometimes they don't coast spending on them time.
2. Don't trade every day basis. And your money will be in safe from yourself.
3. You can work only this sphere and not to have a job and I would like to see how it will be. Sometimes people really complete this task, but in early moments when you just start your crypto biography I don't advice you to seat without job.
4. Use every opportunity to participate in if you are waiting for something will shoot. It is impossible, I think, to participate only in one project bounty, in signature, social media, blogs and other in one campaign because in this case you wouldn't get your employment in every day basis.
5. Be careful in choosing the projects. Sometimes they don't coast spending on them time.
when you doing daily traders you must have good prediction dont panic when coins going decline its normal in crypto, its will going up again soon remember it
To never panic. Value of a cryptocurrency tends to be unstable and at times, it goes very low. When that happens, never panic and sell your investments. Fluctuatibg of value is normal when it comes to investments. When the value of a currency decrease, most likely it will increase in the future. Waiting until the prices are high enough for your standards and then selling would be the best.
If we learn from our mistakes, what words of caution would you like to share.
-Do your own research, not the research of others. In short don't be lazy in your investment.-Emotion is good as long as you use it to make your love ones to be happy but don't use your emotion in crypto, it will make you bleed.
-It is normal to lose in trading. I never met a pro trader that never lose in the game.
Sometimes words are not enough to explaining about our mistake. People need to experience it firsthand. Only failure will make us grow and learn the bad decisions we make. If few advises are needed then, never decide right away and always think first. Greediness won't do anything good and don't be selfish.
When you make mistakes don't let it weigh you down. Learn from it and get back up. And also try as much as possible never to make such mistake again
If we learn from our mistakes, what words of caution would you like to share.
Don't Panic and Restrain yourself !
Don't panic whatever happens in the market, even if your altcoins's price are bleeding, do not lose hope and sell them in that time.
Restrain yourself even if the price is stable and rise slowly, you have to be patient till the time is right when the price reach its peak.
If we learn from our mistakes, what words of caution would you like to share.
1 Don't make rash decisions due to sudden price movements. Always zoom out on price charts to get longer term perspective.
2 When trading, always set your exit point before you start the trade, and then stick to it. If a trade starts going the wrong way then see point 1 above.
don't quit your day job unless you are already trading with success for few months.
1. Don't be too greedy, don't overthink about gaining so much, sometimes a small profit is enough or else you'll get trap in the thinking that you'll earn so much.
2. Always do your own research. People will share FUD and FOMO, and don't get caught up with this kind of people, it is always good to rely on yourself.
3. Process first before profit. All of us wants to gain profit in the fastest way ever that is why we make mistakes but if we learn systematic way of how a certain thing works in the crypto world profit will come naturally.
2. Always do your own research. People will share FUD and FOMO, and don't get caught up with this kind of people, it is always good to rely on yourself.
3. Process first before profit. All of us wants to gain profit in the fastest way ever that is why we make mistakes but if we learn systematic way of how a certain thing works in the crypto world profit will come naturally.
If we learn from our mistakes, what words of caution would you like to share.
Don't you blindly invest on ICO. You must learn their project with truly understanding.
If you just carelessly invest on any ICO, you won't earn your profit in the future.
I often say to myself that there is no need to rush. You do not need to hurry with the buying on the stock exchange and you do not need to hurry with the sale. Often I reduce profits when I make a deal too early. We must be more patient)
sure we should be more patient, because patience will produce results later,
for bitcoin do not be afraid because will go to the moon
I often say to myself that there is no need to rush. You do not need to hurry with the buying on the stock exchange and you do not need to hurry with the sale. Often I reduce profits when I make a deal too early. We must be more patient)
1. Learn about the market, technology before investing.
2. Never lose job just because you could earn $2000 a month from ICO. Not all ICO gives you this much money every month.
3. Don't do day trading if you don't have experience.
4. Don't do panic sell just because market is crashing
5. Don't buy on high price but wait for a dip
6. Don't look at your balance everyday, it will stress you out.
7. Never invest a huge amount, only invest what you can afford to lose.
8. Don't ask people which alt coin to go for, do research your own and once you are convinced, invest.
2. Never lose job just because you could earn $2000 a month from ICO. Not all ICO gives you this much money every month.
3. Don't do day trading if you don't have experience.
4. Don't do panic sell just because market is crashing
5. Don't buy on high price but wait for a dip
6. Don't look at your balance everyday, it will stress you out.
7. Never invest a huge amount, only invest what you can afford to lose.
8. Don't ask people which alt coin to go for, do research your own and once you are convinced, invest.
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