The 1st principle: never lose your money.
The 2nd principle: look for opportunities and avoid big risks. Return must be greater than risk.
The 3rd principle: pay taxes.
The 4th principle: create a diversified portfolio:
various classes of assets, investments in each class of assets, investments in different markets, countries, and currencies + it's necessary to distribute investments in time.

Remember that there's no ideal time for investments. However, if you regularly invest in different assets,  you'll reduce the risk and increase the return in the long term.

6 main mistakes causing to fail:
1) Subjectivity in perception.
2) The belief that today's trend will last forever. Today's winners are tomorrow's losers!
3) Overconfidence in your knowledge and skills.
4) Greed, impatience, passion.
5) Geographic limitation.
6) Negative mood and the fear of losing. As we all know, people remember a bad experience much better than a positive one. We're afraid of losing money and lose it, in the end, because of our wrong actions.
Money is emotions, and we should be positive. If you don't control your brain - it will control you!
80% of our success is our psychological mood and the rest 20% depends on instruments and methods. Stop set yourself up for failure!
Of course, I understand that you won't become rich and successful quickly after reading my post. But I want you to focus on the positive!

Tell me, please, what kind of methods of psychological training you use? Thnx!

Who is responsible for fraud projects. doesn't that cause a lot of losses and what punishment is worth.

Hey guys, what do you think about the future of crypto? Where it will be used? How much bitcoin will cost? Or maybe crypto is going to die...... I want to hear your thoughts.

Many community members have been claiming lately that altcoins are going to die or at least that 90% of altcoins are doomed. I tend to agree with them that there are many coins and tokens that are pointless and won't survive. Another cathegory are alts with solid foundations but won't manage to fight with their competitors as naturally there are numerous projects with same visions. But if you trust the project you invested in, there is no reason to change your mind just because someone says many altcoins won't succeed. Do your research and trust only your own judgement, because many ALTCOINS ARE HERE TO STAY!

I don’t mind that a lot of people are everyday here. Our trying to be rich is clear and the majority of us are ready to make crypto our fulltime job. Of course, it could not be so easy at the beginning but I am sure that the amount of participant on the cryptomarket will be grown so much in the future it just needs in becoming more popular and so many organizations will lose their employees because of crypto. I think that it is the one more reason of crypto’s being banned. Are you ready to give up your job to be here or not?

Blockchain technology is driving innovation in different sectors.Although there are currently many restrictions on this, and some countries do not want to accept it, it is possible that blockchain technology will become more popular in the future.

The problem is that governments do not yet know how to respond to cryptocurrencies, they are still confused and skeptical about how to deal with it without destroying the current financial systems. 

Over time, I think that the technology will be adopted in every country, and What do you think about it?

As we all have seen ripple has been quite strong these past few days and with all that it has done over the past months compared to most other currencies and the launch of xrapid is actually starting to show in its price.
There is so much talk about ripple taking over bitcoin and being 10$ what are your thoughts on this ?

Right now is a tough time for anybody holding tokens. The HODL strategies put into effect a mere 3 months ago have cost portfolios a huge % loss in value...
I myself have witnessed thousands upon thousands in value destruction. Hrmmm, but what to do now?

Although I have watched, slowly and painfully, tokens descend in value equivalent to a brand new Cadillac down to a value where I cant even sell them for a used 1980s Ford where the bumper falls off...

Instead, I opted to HODL… But the question remains...
Should one effectively Sell-Out and take that broke down ford valuation now?
OR.
Does one still HODL and dream of Lambos full of Women and cocaine?

The blockchain technology at this stage can be compared to the internet at its early stages, where mass adoption was also an issue. The internet was actually invented in 1969 but didn't get adopted until the 1990s, even then it wasn't accessible to everybody. But it has now become a necessity in every industry and for everybody worldwide.
The blockchain technology is at its infancy stage and it is already making innovations in different industries. Though there are a lot of restrictions against it presently and some nations do not want to adopt it, but it is not a technology that can be stopped and it will surely gain mass adoption with time.

What is your opinion about the blockchain technology?

For those of you who are a fan of Ethereum I want to tell you that recently Casper code has been integrated in the platform called Substrate by Parity. If some of you do not know Parity is a start up from the Ethereum team. What do you think about It? Will change our lovely Ethereum in some way or this is just a side project which has no chances for the vivid and rich future? What do you think about side projects as a whole? Maybe they are just soaking up energy and time and of course money that should be spent on other more important things?
If you met the head of Ethereum team what would say to him or her? Heads of what cryptocurrencies you would like to meet one day and do you want to tell them? Personally I have no idea... I do not think I can criticize or praise somebody's work, I do not have enough power or even knowledge for this.
But what about you?

I know that this year is quite odd when it comes to crypto curriences. My main concern is Ethereuem. I know that in almost year ago the max price was 1.200$. So i am really cheering for comeback on the some discent values..

How do you think: does crypto make criminal life much easier? We all know that criminals use crypto to sell drugs, guns, people and everything else. Did crypto make doing such things easier? Earlier criminals had to think how to keep their anonymity and get paid, how launder their money, how to not get catched with this. But now they can just use crypto and all the headache about this financial troubles passed away. Of course there is much bigger positive points of crypto and not every user of crypto is a criminal, but anyway are you worried about this? Criminals also worsen the reputation of crypto that is not really stable itself.

The journey to making it big in the crypto space most times might not be smooth. Even virtually every success in life is not always on a bed of roses. There are challenges we need to overcome. There are times we gain and sometimes we loose. See these as just what you need to pass through and do not be perturbed.
Every experience has its lessons and blessings.
-Even if you have been scammed, get your lessons from it.
-If you lost your money in the cause of trading, try to know what made you to lose.
-If you made a wrong choice of ICO, know what lead to it.
-If your predictions never worked out well, consider the factors.
These and some other things are what make the crypto experience interesting.

Though, the path may be rough, you will surely get there.

When you talk about Cryptocurrency industry, you just can’t go through it without mentioning Bitcoin, and rightly so. And with such scenario, is Ethereum not always a 2nd or a shadow like thing for it?

Do you guys EVER believe in Ethereum pushing Bitcoin or actually over-taking it? In reality, it looks next to impossible but with Ethereum price prediction, it shows a lot of possibilities in years to come! So, I feel and strongly feel it will some day come out from the shadows of Bitcoin.

If the adage "Experience is the best teacher" is applicable in different spheres of life, it is definitely applicable in the cryptospace. Those who have been in this space for quite sometimes now will be able attest to the fact that the experience they have had through encounters with different projects and coins on different exchanges, is now helping them to be able to identify at least to an extent both genuine and scam projects.
What could have aided this could be due to the fact that there is no regulatory body, alongside other reasons in the cryptosphere.
So, the more your level of exposure, the more your experience and the better you become.

Have you heard the news? Giving his speech on the UN general assembly, the president of Malta said that the cryptocurrency was the future of money and the blockchain technology would make bank system more reliable and better in general. In my opinion, this statement is too optimistic as the cryptocurrency is forbidden in some countries and this situation is not going to change in the nearest future. But I can say that I like his determination to move on and accept the new technologies that some people are still afraid of.
What do you think? In what way would you change bank system? Have you suffered from its drawbacks? And how exactly do you think blockchain can change the situation? And what future is ahead of us in the cryp5ocurrency world? I know it is a little bit too early to predict something, but still... Are you scared of the future or waiting for it with your arms open?

Hi guys!
I'm pretty sure that many of you have been experiencing difficulty on making other people aware of cryptocurrency and how it works, right? I myself find it hard to explain it even to my own family. Once you mention it to them, the first thing that comes to their mind is that it's a scam. Can't blame them though because the news about crypto scams are always hyped in social media and believe me, even my 70 year old mom has Facebook!

Anyway, I realized that this is the case because there has never really been any formal education about it at all. We knew about it only thru word of the mouth right and we only got to learn it slowly thru experience. This said, I'm thinking, what if it's taught in schools? Perhaps just start with those taking Accountancy or Banking and Finance courses to begin with, then eventually incorporate it to Mathematics subject or whatever in High School? After all, they were able to do that with banking, right? Why not with cryptocurrency? What do you think?