sourish (OP)
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February 20, 2018, 06:13:53 AM |
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If we learn from our mistakes, what words of caution would you like to share.
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Valuyet
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Merit: 29
Digital Wealth Management Platform
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February 20, 2018, 06:16:58 AM |
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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.
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randomhumster
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Merit: 6
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February 20, 2018, 06:28:01 AM |
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Don't be too emotional. We all have ups and downs on this market. If correction and losses make you lose your sleep at night, you are doing it wrong. Do your ivestments (money, efforts, time) based on logic. Don't blindly follow other people advice.
And of course don't forget Warren Buffett's words: "Be fearful when others are greedy and greedy when others are fearful".
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PanGiMoon
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February 20, 2018, 06:35:16 AM |
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If we learn from our mistakes, what words of caution would you like to share.
Thus, let's say that everything is risky in the market, but if you have steel eggs and a cold head everything will be fine.
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gg20222
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February 21, 2018, 01:32:52 AM |
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Theres no reassurance in this field. All you need is guts. And take some risk. Youre in this business. You just have to learn and everythings gonna be fine.
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lakimens
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PVxYGaa1UZM6oDqW3ZKe4Esi18DgwBpDkr
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February 21, 2018, 01:39:29 AM |
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Here's a few from me: -Don't keep a lot of money on shitty exchanges. See Coinsmarkets.com They're moving servers for two months. -Look at the chart before you buy, don't buy a mountain peak. -Be active on chat groups, a lot of useful info there. -Be patient, sometimes shit happens and gets delayed.
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skylar
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Esport Ecosystem
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February 21, 2018, 01:42:43 AM |
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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
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stronghands4lyfe
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The revolutionary trading ecosystem
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February 21, 2018, 01:45:23 AM |
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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.
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shwetaji
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CVProof.com - SECURING JOB'S CREDENTIALS
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February 21, 2018, 01:54:08 AM |
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Crypto market is a good market, but we should have patience. To get more benefit we should a cool mind ,and in future cryptocurreny is our future.
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dillonplayadoe
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Most Advanced Crypto Exchange on the Blockchain
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February 21, 2018, 02:01:27 AM |
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I'd like to suggest that you don't keep your money in exchanges when you don't have to. To me, they aren't trustworthy enough. Just my opinion though... I'd also like to suggest patience. You're gonna need a lot of it with crypto. If you miss out once, I wouldn't worry, because you'll probably get another chance with a different coin!
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Agaton
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February 21, 2018, 02:05:40 AM |
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Particularly all people got a mistake, sometimes you can go a wrong decision, but we think and learn a lesson from our mistake to become a strong person. Not totally all people got a wrong moves are weak, they are persons consider a experimental person which they need to know the reality of good and bad things.
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Geoll29
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February 21, 2018, 02:05:51 AM |
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This type of investment is volatile. What we need is patience. Don't be in a hurry. Time will come that we will earn the targets that we are aiming. This is true with other types of investments. Don't stop even if we fail.
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icohdcoin
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February 21, 2018, 02:07:00 AM |
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Crypto market is a good market, but we should have patience. To get more benefit we should a cool mind ,and in future cryptocurreny is our future.
Totally agree with this. Patience is the key. Research too. You need to be able to see through the scams and pump & dump schemes.
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Prodigan786
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February 21, 2018, 02:16:28 AM |
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Don’t be fear about buying coins at bottom buy periodically for each dump let’s say for bitcoin 2000$ mark for others also keep same ratio buy for each dump. That is the better way to grow our wealth.
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@ngelcryptopia
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Staker.network - POS Smart Contract ETH Token
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February 21, 2018, 02:21:52 AM |
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Do not look at the market everyday. Carefully select a good coin and hold. Buy when everything is down, do not chase the pump. Set a target to take profit. That depends on individual. Generally, the longer you hold, the longer is the profit target.
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nicolas1979
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February 21, 2018, 02:27:07 AM |
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If we learn from our mistakes, what words of caution would you like to share.
Trust no one and do it by your self. As long I have been trader/ investor my mistake just one, always follow sign from another person and never ask how they get the result like that. Never believe my skill and using bot for make money. At least I loss almost 40% from my money and still don't get it how it happen. My experience is my best teacher, now just do by my self even loss become my friend.
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erickkyut
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February 21, 2018, 02:28:38 AM |
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If we learn from our mistakes, what words of caution would you like to share.
Main is PATIENCE and HODL. I used to have more than 32k of XVG last November and I sold it on the 2nd day of December for a very cheap amount. After a few days, the price suddenly pump and if I didn't sold it immediately, I should get $10k on its peak. Lessons learned. I need to have tons of patience in this industry for my investments to be profitable.
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bundo
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February 21, 2018, 02:52:40 AM Last edit: February 22, 2018, 01:02:07 PM by bundo |
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If you were the wolf, would you also quickly learn from the fate of the donkey? Nothing wrong with us taking lessons and learning from mistakes, including the mistakes of others. Inevitably have to stay afloat until the price is back high, in the world of crypto succeed and mistakes must always exist.
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boboking
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February 21, 2018, 03:01:24 AM |
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Almost all have been said but also you need to Stick on your trading strategy. If you are a long term holder then just hold, you should not be worry if the price drop, that is actually a great opportunity to buy more. If your trading strategy is day trading then remember your cut loss and sell limit. If the price went up more it is still okay, it will not happen all the time and at least you were able to get some profit. Also do not listen on random people, avoid the noise , each everyone has their own intention on bashing or promoting a certain coin. Do your own research if the news are true.
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gathingbrus
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February 21, 2018, 03:07:31 AM |
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- be patient, hodl your token or coins if they got red sign because the market are volatile, sold when you consider its the point to sell - don't be greedy, when its enough its enough - be careful of the exchanger, don't keep to much coins in exchanger. Keep it in your own wallet - don't be too proud, learn more every day
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