ice098
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February 26, 2018, 10:04:56 AM |
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Believe in Bitcoin and never say negative things about Bitcoin or take from wrong sayings about Bitcoin from less knowledgeable people in Bitcoin, because it may one way or the other affects its price stability. Ensure you hold some Bitcoins now, be patient with it for sometime, believe in its future opportunity. Who knows? you might be rich with it along the line.
Yes it possible you can go wrong when you dont have enough knowledge about it because if you're not even a basic knowledge there's possibility you can go wrong, also cryptocurrency is not easy if you dont know how it works.
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Anita1873
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February 26, 2018, 04:09:08 PM |
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Don't be sell your holdings in panic when market goes dipped, rather this time always good to buy on every dip that is necessary to average the purchasing. In panic sell always get more losses.Being Patience and holding of your token/coins is always better in this market.
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darkphoenix2610
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February 26, 2018, 04:21:42 PM |
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Don't panic when the price goes down and don't sell it on a cheap price has a patience to wait when the price goes up, and buy on the dip for you to have profit and don't look on the market when it is red the tendency of it you will sell it and panic, you only thing that you do is to make calm even the price goes down.
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zakcooper40
Member
Offline
Activity: 79
Merit: 10
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February 26, 2018, 04:38:11 PM |
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If we learn from our mistakes, what words of caution would you like to share.
I used to be a fan of virtual currency, every day I spent over 19h to monitor the market and the time to rest or go out on their own is not, more than 2 months ago I had to go to the disease Because I am so tired, I would like many investors to spend some time for themselves to relax and continue with the virtual currency.
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makerst
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February 26, 2018, 04:44:37 PM |
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Believe in Bitcoin and never say negative things about Bitcoin or take from wrong sayings about Bitcoin from less knowledgeable people in Bitcoin, because it may one way or the other affects its price stability. Ensure you hold some Bitcoins now, be patient with it for sometime, believe in its future opportunity. Who knows? you might be rich with it along the line.
And why not combine these two wonderful options. After all, you can make long-term investments in the project and immediately you can work on the exchange, making short-term investments
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Cmoh
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February 26, 2018, 04:47:04 PM |
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One of the great thinkes and maybe philosopher say that never put all your eggs in one basket. And this the first thinking criteria before investing. So, for investing in the crypto always read the whitepaper before investing in any ICO and distribute your funds accordingly.
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cryptbit.man
Newbie
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Activity: 103
Merit: 0
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February 26, 2018, 04:51:31 PM |
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Always check the the keys you are exchanging and always copy paste and check they keys. Also be very aware of scammers, they are everywhere and will do anything to get your coin.
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Akselrod
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February 26, 2018, 05:54:15 PM |
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If we learn from our mistakes, what words of caution would you like to share.
The only words that I'm going to share for those are saying they didn't earn much money through Signature Bounty Campaigns is: - don't sell your bounty stake tokens when it hit the Crypto Markets right away because giving them the chance to pump will offer us a lot of opportunities. - don't quit your job (if you have one) because I choose to hold my Crypto Assets because my salary is sufficient on supporting my family's daily basic needs. - don't rush on day trading if you don't have good experiences and higher capital so that you'll never lose your Crypto Assets. - Crypto Market is volatile, be sure you enjoy your Crypto Earnings though your hard work. Use it as your reward to self at least 5%-10% of it. Good words. I agree with it. I would also like to add. Never think that you already know enough)) All the time, remember that someone is smarter than you, and do not take too much risk. Always keep a sound mind)
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mmfiore
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February 27, 2018, 02:15:18 PM |
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If we learn from our mistakes, what words of caution would you like to share.
I don't think anyone can give you true "strategy, reciepe" to success, as you have to develop your own. Few tips tho : - Be practical with your investments : Only place what you can afford to loose. - Don't get emotional with it (one often goes with the other). - Diversify - Read, read, read ...
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xKARELx
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February 27, 2018, 02:35:26 PM |
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making mistakes, we learn. We can not do without this. Next time you will not make such a mistake and will be cautious!
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MWesterweele
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February 27, 2018, 02:41:15 PM |
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Believe in Bitcoin and never say negative things about Bitcoin or take from wrong sayings about Bitcoin from less knowledgeable people in Bitcoin, because it may one way or the other affects its price stability. Ensure you hold some Bitcoins now, be patient with it for sometime, believe in its future opportunity. Who knows? you might be rich with it along the line.
Yes sometimes you can go wrong if you dont have knowledge about it, so before you enter in one situation make sure you have knowledge and skill about it. Also when ee make mistake, we learn from it, but dont make the same mistake again or else you gonna fail again and again.
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amwer
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Activity: 280
Merit: 10
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February 27, 2018, 02:47:02 PM |
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We learned to believe that mistakes are to be avoided like the plague. We learned that perfection was essential, because only then would we be guaranteed success. But life doesn’t work like that. There is no perfection. There is only incremental improvement.
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eldub
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February 27, 2018, 02:52:49 PM |
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Go slow, there's never any reason to hurry. Don't trade too much. Be patient, the best trades are long term. When you sell always leave a little moon bag. Don't chase anything. When you buy have an exit plan.
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Rose119
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February 27, 2018, 03:01:20 PM |
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Believe in Bitcoin and never say negative things about Bitcoin or take from wrong sayings about Bitcoin from less knowledgeable people in Bitcoin, because it may one way or the other affects its price stability. Ensure you hold some Bitcoins now, be patient with it for sometime, believe in its future opportunity. Who knows? you might be rich with it along the line.
Yes sometimes you can go wrong if you dont have knowledge about it, so before you enter in one situation make sure you have knowledge and skill about it. Also when ee make mistake, we learn from it, but dont make the same mistake again or else you gonna fail again and again. Well if you want to do some thing it's your obligation to know about it, just to avoid make mistakes, sometimes we easily believe other people because we don't know what is really happen in bitcoin, but if we knew it by our own research we will know what is really going on and the future of bitcoin.
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Nagrogflaz
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Activity: 294
Merit: 11
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February 27, 2018, 03:11:29 PM |
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experience is something valuable, we can be more careful if we have experience of less good things such as getting a coin that is not good with a bounty manager or a company that issued a coin that is not good
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bitgolden
Legendary
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Activity: 2800
Merit: 1128
Leading Crypto Sports Betting & Casino Platform
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February 28, 2018, 01:33:43 PM |
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Don't get emotional with your investments and keep yourself updated as much as you can about their news (Telegram seems to be the best way to go nowadays).
Emotions can really play a key role in the world of bitcoin and other crypto currencies and the ones who are bad in controlling their emotions especially at tough times, things get very much difficult for them to manage. The thing is you need to think well and prepare yourself well before making any kind of decision as decision once made cannot be changed and that you have to pay for that in the future.
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hamster fat
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Merit: 10
simply getting the job done
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February 28, 2018, 02:25:14 PM |
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I often tell myself not to rush to make a decision. This usually means not being too emotional. Because emotions very often interfere with work. You need to be reasonable and control your fear and greed.
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Drakula
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February 28, 2018, 10:17:24 PM |
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You can really go wrong when you are not thinking and not being careful with your actions. You need to think twice before having a decision so that you will not regret it.
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sourish (OP)
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March 09, 2018, 08:14:59 PM |
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Thank you so much for all the helpful advice and pointers given on this thread. Personal experience is always the best teacher and cautioner.
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realsmans
Member
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Activity: 196
Merit: 10
Transforming the Global Shipping Industry
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March 09, 2018, 08:19:12 PM |
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I often tell myself not to rush to make a decision. This usually means not being too emotional. Because emotions very often interfere with work. You need to be reasonable and control your fear and greed.
Totally agree with you. I got this problem as with daily purchases as with trading. When ideas comes up on emotional stage, I try to defer them for a few hours/minutes and then considering on fresh mind.
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