Don't bite more than you can chew

[Chainsmokers]

This is applicable to everyone in the crypto space, not to attempt to do more than they are capable of doing.
- For crypto traders, miners and investors, invest only what you can afford to loose. Do not invest all your money into crypto, believing that you will wake up one day to get a multiplier factor on your profit. It is either you have profit or loss.

- For bounty, participate in projects you can finish at a time. If you combine too many projects together, you might end up not getting anything reasonable from all the projects. I wonder some times when i see spreadsheets where some have 0 stake almost all through.

That's right. As an investor you should not be too reckless to invest all of our money, we know it is our choice to invest all money or not, but to avoid large losses and to reduce the risk it is better to invest only part of our money. Sometimes people are too greedy and they want to get more from what they do and ultimately only the losses they get.

[1715132690]

1715132690

[1715132690]

1715132690

[mrdeposit]

I will tell you that the most important mistake of any trader is greed, because when you exit a trade, many people see a large growth momentum and simply don’t sell it, but the price of the token drops and the trader loses money. All comes with experience.

Buy the fear, sell the greed. Greed will be the cause of the loss where it is not needed. Expecting for more than necessary may even cause to lose your investment.

[Victorycoin]

That is a good advise from the operator. There is a rationale behind every good investment. The crypto market is very volatile, which is why we need to be careful of how much and in what you are investing in. How long to wait is also a very important factor.

Yes, it is onof the main factor that how long you can hold. For example you have a fund which you can invest for 3 months then you have to buy items which you would be able to sell within 3 months by taking profit.

[craslovell]

Biting off more than you can chew is half the fun. Personally when I discovered cryptocurrency (particularly mining) I was hooked. Many nights spent up until daybreak tweaking miner settings just to get that extra 5% hashrate.

[rachman mahesa]

Good advice from you. But I always participate in bounties which I think are good and I also don't participate in all projects. Because I can't afford to do every job on all projects. I want to say the advice from you to investors might be good. Invest reasonably and don't use all your money for crypto investments. Suggestions that I think need to be considered.

[Henisusan]

Whatever we do must be patient and not panic easily. As an investor, of course, you must be smart to choose a good project. And if you hesitate when investing, it's better to invest with fewer funds. For bounty hunters, I think it's also the same to be smart to have a gift project with experienced managers.

[jessyj48]

Funny, sounds more like 'don't start what you can't finish',if you are new to crypto space you should know that crypto is not a get rich quick scheme so don't even bother throwing in big money you can't afford to lose or you might regret your decision

[Ailmand]

This is applicable to everyone in the crypto space, not to attempt to do more than they are capable of doing.
- For crypto traders, miners and investors, invest only what you can afford to loose. Do not invest all your money into crypto, believing that you will wake up one day to get a multiplier factor on your profit. It is either you have profit or loss.

- For bounty, participate in projects you can finish at a time. If you combine too many projects together, you might end up not getting anything reasonable from all the projects. I wonder some times when i see spreadsheets where some have 0 stake almost all through.

This applies to everything we do, sometimes greed makes us get less than we deserve or it can even out us at risk. That is why moderation at everything is a must.

[mammoniter]

Thats one way to put it. In short, its all about how greedy you are. In crypto, if you get too greedy enough, you'll end up with nothing. Just be aware of what you are doing and learn how to stop when you already had enough. Set your reasonable goals and when you reach that, stop no matter what. Also don't do a lot of things simultaneously because you might not able to finished it all at once.

[jerrison]

A very reasonable advise that can be applied i do 110 bounty programs and i can handle each and every single one of them cause i have a whole lot of time for it as a full time job same advise cn be applicable to investors as well too

[ariyzt]

good poin. I know that feel when invest all my money on 1 coin
then its lost more than 80% , so frustating. now i know don't ever put all your money one single or one coin only
you need backup coin/token

[hungsanh2512]

I agree with your idea because the crypto market needs calm and slow. Besides the experiences and knowledge, you must have to avoid failures. We should learn lessons from simple to complex and should not be rushed.

[natka]

I agree with your idea because the crypto market needs calm and slow. Besides the experiences and knowledge, you must have to avoid failures. We should learn lessons from simple to complex and should not be rushed.

I think that over the past year and a half, the cryptocurrency market has very strongly lived for those users of cryptocurrency who chased easy prey.  In fact, many people tried to bite the priest from the cryptocurrency cake at the end of 2017, but made the wrong choice and their investments almost burnt out.  Although if a year of Kapa remains of common sense, they did not sell what they bought, but I will wait for the next bull run.

[cryptobae10]

A stern warning but does not apply to all
Sometimes there are existing bounties with softcap reached and you just have to be a part

That’s where blogging and social media bounty comes in

[zhekinsp]

We already knows cryptos is one of the most unpredictable speculative investment so invest on only at your own risk and not any life saving which is needed in near future.

[babicena14]

I agree, as for investors, the main thing that you should understand is that cryptocurrency is a huge risk and you should not invest more money than you can afford to lose without deteriorating the quality of your life.
And bounty hunters I will give advice, analyze the project as if you want to invest in it and find the factors that will allow the project to become successful in the future.

[GunsLair]

I agree, as for investors, the main thing that you should understand is that cryptocurrency is a huge risk and you should not invest more money than you can afford to lose without deteriorating the quality of your life.
And bounty hunters I will give advice, analyze the project as if you want to invest in it and find the factors that will allow the project to become successful in the future.

I also agree with the advice to investors. We all need long to understand that we no need to hope, and expect much, so that later it wouldn't be very painfully. But about the bounty hunters - it is very difficult to determine a promising and successful project, especially if there are an immense amount of them, like today.

[Adriano2010]

It's true because you can drown, and this mean you can lose all if you are too greedy on crypto and this can affect your entire life, and never sell all to invest on something, never.

[CryptoCoinArbitrage]

We have always to behave according to our knowledge.  There is no such as luck. So called luck is combination of possibilities and our timely actions. Never invest in crypto beyond your possibilities.

[Hamphser]

It's true because you can drown, and this mean you can lose all if you are too greedy on crypto and this can affect your entire life, and never sell all to invest on something, never.

Not only implying this thing on investment alone but also on your entire life decisions.Dont take too much if you cant handle the possible risk behind.
Primary rule always that always do things on moderation. Getting too greedy? Then these are the common mistakes which most people do commit.