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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: JungleEskimo on June 27, 2018, 02:00:49 PM



Title: Why makes you so confident in your investment decisions?
Post by: JungleEskimo on June 27, 2018, 02:00:49 PM
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://bitcointalk.org/index.php?topic=3627234.0 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.


Title: Re: Why makes you so confident in your investment decisions?
Post by: JungleEskimo on June 27, 2018, 02:02:46 PM
jesus christ i messed up my own thread title... lol


Title: Re: Why makes you so confident in your investment decisions?
Post by: o_e_l_e_o on June 27, 2018, 03:14:05 PM
-snip-

Your 80/20 assumption is flawed for a couple of reasons. Firstly, it only applies if you are picking projects at random. Secondly, much more than 80% of altcoins are complete trash and will be worth nothing long-term.

I own more than 3 coins. I am completely happy with all the coins I own because I have spent time reading their whitepapers, roadmaps, githubs, development, etc. and not just blindly listening to shills on here/reddit/twitter/4chan/anywhere who say "good project" about whatever bags they happen to be holding.


Title: Re: Why makes you so confident in your investment decisions?
Post by: JungleEskimo on June 27, 2018, 04:13:35 PM
-snip-

Your 80/20 assumption is flawed for a couple of reasons. Firstly, it only applies if you are picking projects at random. Secondly, much more than 80% of altcoins are complete trash and will be worth nothing long-term.

I own more than 3 coins. I am completely happy with all the coins I own because I have spent time reading their whitepapers, roadmaps, githubs, development, etc. and not just blindly listening to shills on here/reddit/twitter/4chan/anywhere who say "good project" about whatever bags they happen to be holding.

nice, whats your holdings?


Title: Re: Why makes you so confident in your investment decisions?
Post by: JerryJam on June 27, 2018, 04:23:10 PM
I am confident in my investments. More precisely, I am sure that I made the right decision by investing in bitcoin. I read a lot of information. I analyzed it and made some conclusions. First of all, I sifted out untrue information I trust my friends and on their positive example I decided to invest in bitcoin and never regretted it.


Title: Re: Why makes you so confident in your investment decisions?
Post by: o_e_l_e_o on June 27, 2018, 06:32:42 PM
nice, whats your holdings?

I don't generally reveal what I'm holding for both my own privacy and security, and because just giving out a list of coins I'm holding is not beneficial to the people reading it. You should look in to projects yourself, and only once you understand them and believe in their future should you consider giving them your money, not because you read a random post shilling some coin.


Title: Re: Why makes you so confident in your investment decisions?
Post by: kindbtc on June 27, 2018, 06:40:01 PM
To be honest each and every investment is potentially risky and i have not felt much confident about the random coins, the only solid coins like btc, eth make me comfortable because i know price will bounce back and will increase overtime as these coins are real and solid projects with limited supply and large number of uses.


Title: Re: Why makes you so confident in your investment decisions?
Post by: terrific on June 27, 2018, 06:40:24 PM
Don't forget the another phrase, "it has potential". I think I used this before or last year when the emerge of altcoins are there but now it's different.
Most of the tokens now are totally coming out of nowhere without real plan and progress in the future, it makes everyone want to invest because of good marketing.
I have bitcoin on my stash and I'm confident with it, rise or fall I'll keep on holding because I know so.  :)


Title: Re: Why makes you so confident in your investment decisions?
Post by: TheBiochemist on June 27, 2018, 06:43:01 PM
Anything with dividend or ROI from e.g staking will have a pull on investors. Bitcoin is a massive network that consumes huge amounts of electricity so it feels doomed. New faster, cheaper and less consuming currencies will be used but still currencies give no ROI so no investor or institute would ever hold to much of em, perhaps a currency portfolio / fond etc


Title: Re: Why makes you so confident in your investment decisions?
Post by: marginal on June 27, 2018, 06:44:21 PM
 I don't know from time to time I just am relying on my intuition, this is just an experience, well you can just look on the project and make a conclusion is it worthy of your investments.


Title: Re: Why makes you so confident in your investment decisions?
Post by: PhantasmRisk on June 28, 2018, 09:54:26 PM
My research, analysis and experience make me confident about my investment decisions. As here are a lot of scams I always research,analysis that site before investing and my experience also helped me a lot.


Title: Re: Why makes you so confident in your investment decisions?
Post by: ivanleon on June 28, 2018, 11:05:38 PM
There was some confidence when I just started, tried to trade. Against the background of the current situation in the market, confidence has evaporated and doubts about investments have appeared.


Title: Re: Why makes you so confident in your investment decisions?
Post by: btccashacc on June 28, 2018, 11:18:58 PM
There's only 2 reasons why do people so confident in their investment:

1. They do their own research.
These people not only investing their money into the project but also making a deeply research regarding the project, that's why they are so confident and convicing other to follow their way.

2. They get paid by spreading this.
It's clear that promoters will tell you to buy the coin that they promoted. I'm advising you to not ask people which project you want to invest just do your own research.


Title: Re: Why makes you so confident in your investment decisions?
Post by: Eddyc on June 28, 2018, 11:20:02 PM
If we do not trust ourselves and our intuition, what can we trust? There are many investors who point to the currency or project because they are sympathetic and want success for a profit in the future, this is normal and we can also consider it as a healthy speculation and that moves the market. Now what can not recommend a currency in a phase of fall or failure. So knowing what to recommend is essential to avoid false expectations and talk nonsense.




Title: Re: Why makes you so confident in your investment decisions?
Post by: TomArayaSlaya on June 28, 2018, 11:33:07 PM
Read and decide how to make your investments am sure with more reading and research you will expand your portfolio


Title: Re: Why makes you so confident in your investment decisions?
Post by: danim1130 on June 28, 2018, 11:35:20 PM
When I say those words I will make sure first that the investment or the cryptocurrency that I will buy is based on my research what I mean is I studied it first before saying it cause many members will see how the feedback of us and we can't tolerate to say not true about investing.


Title: Re: Why makes you so confident in your investment decisions?
Post by: Master of Shitcoins on June 28, 2018, 11:45:28 PM
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!


Title: Re: Why makes you so confident in your investment decisions?
Post by: Scambusterz on June 28, 2018, 11:49:34 PM
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.


Title: Re: Why makes you so confident in your investment decisions?
Post by: Greed Dev on June 29, 2018, 10:17:49 AM
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


Title: Re: Why makes you so confident in your investment decisions?
Post by: Piskeante on June 29, 2018, 11:12:14 AM
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.


Title: Re: Why makes you so confident in your investment decisions?
Post by: criptoman83 on June 29, 2018, 11:21:11 AM
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).



Title: Re: Why makes you so confident in your investment decisions?
Post by: carlisle1 on June 29, 2018, 11:24:46 AM
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


Title: Re: Why makes you so confident in your investment decisions?
Post by: v3liana on June 29, 2018, 11:38:56 AM
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://bitcointalk.org/index.php?topic=3627234.0 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.


Title: Re: Why makes you so confident in your investment decisions?
Post by: Rules85 on June 29, 2018, 11:40:56 AM
Most of the time I only want to believe in bitcoin.
Because bitcoin is recognized by the SEC, most tokens are useless.


Title: Re: Why makes you so confident in your investment decisions?
Post by: Dr.Sponge on June 29, 2018, 11:45:17 AM
Because, all people buying it, so that'swhy im so confident.


Title: Re: Why makes you so confident in your investment decisions?
Post by: Westinhome on June 29, 2018, 12:55:17 PM
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.


Title: Re: Why makes you so confident in your investment decisions?
Post by: aldrin6697 on June 29, 2018, 01:00:41 PM
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.


Title: Re: Why makes you so confident in your investment decisions?
Post by: trecore4 on June 29, 2018, 01:01:24 PM
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.


Title: Re: Why makes you so confident in your investment decisions?
Post by: Karina 3340 on June 29, 2018, 01:03:48 PM
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


Title: Re: Why makes you so confident in your investment decisions?
Post by: DannyMarco on June 30, 2018, 06:25:00 PM
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.


Title: Re: Why makes you so confident in your investment decisions?
Post by: crypto_geeek on July 01, 2018, 08:02:56 PM
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.


Title: Re: Why makes you so confident in your investment decisions?
Post by: crenfrosck on July 01, 2018, 09:43:45 PM
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  ;D.


Title: Re: Why makes you so confident in your investment decisions?
Post by: dianikusuma on July 02, 2018, 05:12:45 AM
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.


Title: Re: Why makes you so confident in your investment decisions?
Post by: bournekin on July 02, 2018, 05:43:00 AM
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.


Title: Re: Why makes you so confident in your investment decisions?
Post by: sourish on July 02, 2018, 05:50:15 AM
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.


Title: Re: Why makes you so confident in your investment decisions?
Post by: 3kpk3 on July 02, 2018, 05:54:47 AM
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.


Title: Re: Why makes you so confident in your investment decisions?
Post by: Dimanman113 on July 02, 2018, 05:57:49 AM
Yes, I agree with the author that a lot of coins do not need to buy, it is very difficult to follow all the coins. But when you take part in a bounty, a lot of coins accumulate, so you have to watch out for everyone!


Title: Re: Why makes you so confident in your investment decisions?
Post by: fortelen on July 02, 2018, 06:21:47 AM
In my opinion, when I decided to invest in an ICO, I must have a very careful considerations. I will not take too big risks to only follow the hype or fomo by many people. Therefore, I feel so ready and confident of what I have invested. Although the result will be determined by the market, I think with the enough consideration and preparation, the result will be legit.


Title: Re: Why makes you so confident in your investment decisions?
Post by: realaccountakira on July 02, 2018, 06:28:21 AM
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://bitcointalk.org/index.php?topic=3627234.0 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.

Evidence-based research is the only way to go.

I agree with your points and i believe that in crypto markets, speculation is a very common tool which is misued by many newbie and experienced traders. The only way to succeed and be confident about your investment is to really research on the what the company/project is planning to and is currently doing. This means understanding the problem they are solving and their solution to the problem as well as digging deeper and actually looking at their developers, work office, making phone calls, and even talking directly to the team.


Title: Re: Why makes you so confident in your investment decisions?
Post by: arthur305 on July 03, 2018, 09:13:25 AM
You can never be absolutely sure of my investment decisions in the crypto space. We are working in a market where nothing can be predicted for sure. At any moment the situation can change and at any time.


Title: Re: Why makes you so confident in your investment decisions?
Post by: kritiana008 on July 04, 2018, 11:15:11 AM
I check full information and then I start to analyze its characteristics. After that I make trends and there will be the result, will be I able to work with it or not.


Title: Re: Why makes you so confident in your investment decisions?
Post by: lena1 on July 09, 2018, 11:54:51 AM
The percentage of confidence will be higher if a person invests money in bitcoin or Etherium, and investing in many other coins can be mistaken!


Title: Re: Why makes you so confident in your investment decisions?
Post by: View_style on July 10, 2018, 01:10:47 PM
I believe that it is necessary to have more than 10 coins in your wallet. This reduces the risk of losing money. I mean, when you lose 1 coin out of three it's noticeable. If you lose 1 coin out of 10, then you can survive.


Title: Re: Why makes you so confident in your investment decisions?
Post by: 3kpk3 on July 10, 2018, 01:14:37 PM
Great post op and I agree with you here. No one can accurately predict what will happen at any particular point of time in this extremely volatile crypto market which is why this is a high risk market and you should be prepared to lose your money. Some investors like me choose to do their research before investing into different coins and tokens(Don't see any problem investing in more than 3 coins) while the remaining investors invest without doing proper research. Research makes me confident about my decisions while luck is also a crucial factor here.


Title: Re: Why makes you so confident in your investment decisions?
Post by: alan2here on July 10, 2018, 01:20:21 PM
I decided to rely on my belief in this market because it is the most modern industry in the world and I often invest long term in the best potential altcoins in the world such as ETH, NEO, TRIG. I believe in these investments because I am sure in the near future all three coins will increase and dominate the Cryptocurrency after Bitcoin.


Title: Re: Why makes you so confident in your investment decisions?
Post by: Bittalk12 on July 10, 2018, 01:22:30 PM
I admit that i am not that confident in my tradig decisions because regrets and doubts are always on the line before investing to that altcoin. I traded at kucoin rarely because crypto business was my part time job and i am not that updated anymore in crypto news. Still, i managed to multiply my investment at kucoin and always buying those altcoin when the market is in red thel sell it when a bull run starts. 15% to 20% increase of my altcoins is already enough for me to sell those for a profit.


Title: Re: Why makes you so confident in your investment decisions?
Post by: bambazamba on July 10, 2018, 02:29:24 PM
Well it is a game of assumptions . The one who played it well gets all the good things and the one who did something wrong has to pay for it .
One has to be very sure but still there will be a little assurance of whether what you thought about the coin or the ICO
is right or not.


Title: Re: Why makes you so confident in your investment decisions?
Post by: Crypt0BHunter on July 10, 2018, 02:35:36 PM
Just do your fundamental research and you will be confident in your investment decisions besides the market trends.


Title: Re: Why makes you so confident in your investment decisions?
Post by: mikkev01 on July 10, 2018, 02:45:58 PM
I am sure that I made the right decision by investing in bitcoin. reading a lot information, my analysis and experience make me confident about my investment decisions.


Title: Re: Why makes you so confident in your investment decisions?
Post by: paul gatt on July 10, 2018, 02:50:57 PM
I decided to invest in bitcoin. I am confident saying that I am not afraid of losing money in this area. Because I have a very good person in this field guide. I always invest properly not over-hoarding. Buying a coin also requires a proper look at how to buy coin.


Title: Re: Why makes you so confident in your investment decisions?
Post by: lan.anh63 on July 11, 2018, 11:50:05 AM
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.


Title: Re: Why makes you so confident in your investment decisions?
Post by: FreddySelvig on July 11, 2018, 11:55:06 AM
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://bitcointalk.org/index.php?topic=3627234.0 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.
Why not have more than 10 coins in your portfolio? I read several good analysts in their telegram channels and they have 20-30 coins each. This is called diversification. Of course if your deposit is $ 1000 then you do not need to disperse it into so many parts. But if you manage big money then it is necessary to limit the risks.


Title: Re: Why makes you so confident in your investment decisions?
Post by: toygama on July 11, 2018, 12:03:57 PM
I am confident in my investments. More precisely, I am sure that I made the right decision by investing in bitcoin. I read a lot of information. I analyzed it and made some conclusions. First of all, I sifted out untrue information I trust my friends and on their positive example I decided to invest in bitcoin and never regretted it.

Experienced makes you comfortable in everything you did  observe,  read, research, self study and of course ask guidance from our circle of friends who already in success of this crypto world.


Title: Re: Why makes you so confident in your investment decisions?
Post by: K_rock on July 12, 2018, 09:59:45 AM
i still doubt the Investment to other coins i just entrusted to bitcoin and ethereum that have benefited me so much growth too in comparison to other coins


Title: Re: Why makes you so confident in your investment decisions?
Post by: toshisoroki on July 13, 2018, 07:27:39 AM
Checking and analyzing are two aspects that influence on my decisions and choices. Without them it is too risky to decide about investments reling on only intuition.


Title: Re: Why makes you so confident in your investment decisions?
Post by: gungun08 on July 13, 2018, 11:40:10 AM
On the off chance that we don't confide in ourselves and our instinct, what would we be able to trust? There are numerous financial specialists who point to the cash or venture since they are thoughtful and need accomplishment for a benefit later on, this is typical and we can likewise consider it as a solid theory and that moves the market. Presently what can not prescribe a money in a period of fall or disappointment. So comprehending what to prescribe is basic to evade false desires.