Jessietahoang (OP)
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Activity: 18
Merit: 0
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January 20, 2018, 01:26:45 AM |
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Do not invest in coin you do not understand, or even see many people make a lot of money from it.
Calculate your investment in electronic money when your investment is not high, which will help you easily cut losses and exit the wrong trading.
Be consistent with your principles.
Be patient and think hard.
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Be very wary of relying on JavaScript for security on crypto sites. The site can change the JavaScript at any time unless you take unusual precautions, and browsers are not generally known for their airtight security.
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retampan
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January 20, 2018, 01:48:28 AM |
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I usually invest in a lot of coins just for taking some profit in short time, but yes, I do not understand about the coin at all. People have different purpose for each of the investment made on those coins.
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zlatan07
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Activity: 112
Merit: 11
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January 20, 2018, 02:01:34 AM |
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That is true and I will say something to. Before you start to invest in coins never invest more than you have.
When you buy your coin move that coin into your own personal wallet and buy coins just from exchanges that have proven their reputation.
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A Feeder
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January 20, 2018, 02:02:56 AM |
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Do not invest in coin you do not understand, or even see many people make a lot of money from it.
Calculate your investment in electronic money when your investment is not high, which will help you easily cut losses and exit the wrong trading.
Be consistent with your principles.
Be patient and think hard.
Well said. As much as possible do not buy coins. Try to learn how to accumulate them so that if anything will be lost, it will be only your time. These investments are only schemes of the "pump and dump" and you should be aware of that. |
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Slow death
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Activity: 3010
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
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January 20, 2018, 02:03:09 AM |
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Do not invest in coin you do not understand, or even see many people make a lot of money from it. even if you are right, I believe that few people do this, I am not a programmer myself, so the technical aspects are not my area, I try to see people's opinion about the technical aspects and I read a lot where I can get information about the currency and if there are any usefulness then I invest. Be patient and think hard.
This point is a point that we must be careful, has situation is that the project does not walk, every day dev tell stories and there is nothing new in the project and I see some people say: we have to be patient, we have to be patient. every day the boat is sinking, there must be some limit in this patience |
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menggay16
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Activity: 112
Merit: 10
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January 20, 2018, 02:09:54 AM |
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To be an Investor there's a lot of risk really to accept. It is important to expand our mind to ultimately no regrets. Calculating the ideal way of dealing with all the currencies which may benefit ultimately. Buy LOW sell HIGH effective way to investment that you planned.
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onpages
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January 20, 2018, 03:28:51 AM |
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Do not invest in coin you do not understand, or even see many people make a lot of money from it.
Calculate your investment in electronic money when your investment is not high, which will help you easily cut losses and exit the wrong trading.
Be consistent with your principles.
Be patient and think hard.
yes, I think that step is good to do. the most important thing we should be able to study the coins that will be one of our investment assets, so as not to get caught in a loss. besides, look for investment and trading strategies because it is very supportive for success. |
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kofibee12
Newbie
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Activity: 133
Merit: 0
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January 20, 2018, 04:00:20 AM |
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Nice investment advice. But you can add these two old classic trading strategies.
Never put all your egg in one basket and buy and hold. With this two strategy if applied on asset like bitcoin which has a long term earning potential, then you can become a billionaire like Warren Buffet
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wildflower18
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January 20, 2018, 04:08:42 AM |
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Nice investment advice. But you can add these two old classic trading strategies.
Never put all your egg in one basket and buy and hold. With this two strategy if applied on asset like bitcoin which has a long term earning potential, then you can become a billionaire like Warren Buffet
The best in investment is dont put all your eggs in one basket. It is very important in investment that do not focus only in one kind of platform where your money has the chance to grow. Also, it contributes of better thoroughly search which is good to put your money to give an income. These way you have confidence that your money will gained profit. |
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AbyssLagiaz
Jr. Member
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Activity: 185
Merit: 3
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January 20, 2018, 04:10:05 AM |
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You can't just say that your gambling at your investment if you don't even know what you're doing in your investment. Is the coin price still moving gradually vertical? There are coins that looks good in the first place it hit the market but still fades out due to people just looking for profit at that coin. Buyer is less than the sellers. The demand in the coin isn't going anywhere due to many sellers. I would say that if you're making a risk in your investment, don't just apply the word "risk the amount worth losing" instead know what you're risking at because in the end, it is just your time and efforts that became wasted and you just lost a lot of opportunity to other investments.
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The Sceptical Chymist
Legendary
 Online
Activity: 3332
Merit: 6809
Cashback 15%
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January 20, 2018, 04:15:47 AM |
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then you can become a billionaire like Warren Buffet
Except Warren Buffet wouldn't touch bitcoin, and he has said precisely that. He takes calculated risks on stocks that are undervalued and only enters into business arrangements when the terms are incredibly favorable to him--and the risk is known. That's the thing with bitcoin. It isn't a business. It's a weird asset that is sort of like a currency, except its value fluctuates with a variance that makes it completely impractical as a currency. There's no way you could say it's undervalued, because there's no business behind it that you can analyze (no earnings, news, etc.). It's all guesswork and momentum. Yes, a lot of folks have gotten filthy stinking rich from bitcoin, but a lot of people have won lotteries and been struck by lightning as well. This whole thread is set up by a person who is probably an account farmer. It has that feel to it. It's a vague "do research, plan ahead, and make profit" topic that attracts noobs to post one-line garbage. Maybe I've become a bit too cynical here, but it definitely feels like I see this over and over. |
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FDC1412
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January 20, 2018, 04:23:00 AM |
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Scattering your money to different coin is a win. You are not limiting your money to an isolated coin behavior. Just know when to move out of an investment because many lose their investment due to moving out too early or too late.
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yonjitsu
Full Member
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Activity: 476
Merit: 100
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January 20, 2018, 04:26:32 AM |
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Do not invest in coin you do not understand, or even see many people make a lot of money from it.
Calculate your investment in electronic money when your investment is not high, which will help you easily cut losses and exit the wrong trading.
Be consistent with your principles.
Be patient and think hard.
Even if you don't understand the coin doesn't mean it's bad for you to invest on it already. There are some instances that people invest on a particular currency because of it being trending on social media and still it works. Much even more if luck is with you, there is nothing that can stop you from gaining profit out from a coin you don't even understand.  |
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Lookjoz
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January 20, 2018, 04:29:48 AM |
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I usually invest in Bitcoin, but now the bitcoin price drops me hold, later if the price is stable again I will sell it.
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waiki
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Activity: 224
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January 20, 2018, 04:36:51 AM |
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investment bitcoin is the most wise, because of the day price bitcoin the higher the so I recommend to whom I am having the savings please invest to bitcoin
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Hemady17
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Merit: 35
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January 20, 2018, 04:58:06 AM |
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The first investment should be enhancing your knowledge in area where you are weak. Read, review, and apply all your learning. Learn from previous mistake and make it good the next time around. When times come that you have opportunity invest in your coins at least you have foundation to look upon.
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gizmodo1987
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January 20, 2018, 05:07:58 AM |
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Agree with this Before investing into coins or ICO you should make a deep research to understand that coin its purpose and platform. And also only invest money you can afford to loss. |
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testingbits
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January 20, 2018, 12:59:03 PM |
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I`m only invest after proper research, information, great team, and coins I believe in
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BitcoinHodler
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January 20, 2018, 01:28:03 PM |
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technically speaking you should understand the "market" not the "coin". to understand the coin means to understand the code, and lots of technical stuff that are not necessary for an investment although they can be helpful in some cases.
understanding the market means knowing where the money is going and when it is going out so that you can be able to go in with that smart money and get out before it does for maximum profit.
it means understanding the things that makes a coin rise and the things that make it fall
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Holding Bitcoin More Every Day
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bitae
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January 20, 2018, 01:31:03 PM |
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First, you must keep an emergency fund. There are exceptions, but only one applies at the beginning - getting an employer plan (such as a 401(k)) match (or something in your country). This doesn't necessarily apply if your emergency fund is particularly low.
Next, you must know what you're investing in. Take the time to do some reading. You should be able to get most of pinned topics at this forum.
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