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Author Topic: Don't bite more than you can chew  (Read 11001 times)
Vendetta666
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July 15, 2018, 04:54:20 PM
 #21

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 true, because if you insist of doing what you really cant do on what your capabilities as of now, you will just end up regretting every decisions you made.
cryptomadu
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July 15, 2018, 05:05:10 PM
 #22

Yes. This is true. At one time I was doing 60 bounties. It was a stressful work. Also, those works were social media tasks. So I had to do it every day. When other people earn huge by doing just 1-2 bounty I got nothing from all those 60+ bounties. Yes. this is true. Don't bite more than you can chew

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vverrita
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July 15, 2018, 05:24:57 PM
 #23

Yes. This is true. At one time I was doing 60 bounties. It was a stressful work. Also, those works were social media tasks. So I had to do it every day. When other people earn huge by doing just 1-2 bounty I got nothing from all those 60+ bounties. Yes. this is true. Don't bite more than you can chew
60th this is very strong! how much time did you leave? I'm starting to study here bounty, and I think to take about 40 companies
vasil777
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July 15, 2018, 05:53:12 PM
 #24

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.


You write the very right things and I like the course of your thoughts. It is really not necessary to invest all your money in a crypto, it is not correct and can lead to very bad consequences.
EmJay
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July 15, 2018, 06:07:52 PM
 #25

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.



I Agree with you when you say invest only what you can afford to loose , don't sell your property or borrow money just to invest in cryptocurrency as we all know it is very risky .  IF you want to invest and earn bigger you need to take risk but know also what are the consequences. I ALSO agree  about the participants in bounty that it is important to join and finish the campaign otherwise you will earn zero.
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July 15, 2018, 06:43:13 PM
 #26

Yeah, it's true. Many people in this space do invest everything. And that's very bad they think they will be millions in just overnight.And this greediness is make their journey painful.So always be careful what you do. And always invest that much which you can afford to lose.And same for bounty hunters their are many bounty hunters who just take a lots of project and end up to make nothing I myself do that type of bounty greediness and its not working.So do whatever suits you thats it.

leialdover
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July 15, 2018, 06:51:48 PM
 #27

This is really true. It is somehow same with, invest only what you can afford to loose. Here in crypto, we are all taking risks, but we should always remember to calculate all the risks that we take. We might one day be bankrupt or lost everything because of taking too much risks. we should always be smart in whatever decision we make.

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blue_hurricanger
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July 15, 2018, 06:57:19 PM
 #28

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 was some real basic advise but most soon forget and fail miserably with those common mistakes. Thanks anyway.
Galley
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July 15, 2018, 06:57:36 PM
 #29

Putting all your money into the cryptocurrency is comparable to playing in a casino. The principles of investing their funds are the same. A normal player in a casino bet on an amount that he could simply spend for fun, the amount for him is meaningless in terms of his financial situation. Otherwise, both the Player and the Investor will be, roughly speaking, "suicides".
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July 15, 2018, 07:02:19 PM
 #30

Yeah sure I quite I agree with you, it is always good to invest what you are willing to lose in crypto currency, crypto been so volatile, it is always good to be careful so that we won't lose our money.
nekorakoeora
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July 15, 2018, 07:07:46 PM
 #31

good advice to do. But even so sure everyone felt also should be able to make the can also get great results for crypto. so I guess when many that issued their money entirely to reasonable indeed crypto though also very risky. in the bounty necessarily also the same, with can follow many bounties certainly also more results that can be obtained.

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Denreal
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July 15, 2018, 09:42:27 PM
 #32

I am in total agreement with your advise, because many have been greedy to the point that because they have seen people made it through crypto, they decided to invest their entire life savings into crypto and might loose at the end.
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July 19, 2018, 08:16:14 AM
 #33

The fact that people want to earn more money, this is not surprising. If they take jobs more than they can afford to finish, they can always adjust their workload, I do not see anything wrong with that. Everyone has his own problems and his life circumstances. Of course, a large amount of work should not be at the expense of its quality. If the quality of messages remains good, then this is permissible.
I often see couple of people here, who after applying and accepted to participate in a bounty campaign, but never got to perform their tasks. That must be a clear case of biting more than they can afford to chew, because obviously they need the money, but they lack the time!
Simply just like the OP said, I guess they must have bitten more than they can chew! A lot of people do not understand in life the fact of, it is better for you to concentrate on the quality ones and get the best from it, than just pack a whole lot than you can handle and at the same time still get so little from them.

I do not understand how some people think when it comes to making the best use of their time and resources anyway, but I guess probably the way they see things. Trading is much easier compared to investing all we have into altcoins. I never agree on this. We must risk only some 10% to 25% of our total saving. This is based on only that much percentage of saving is affordable for anyone on the event of losses.
faisaladitya
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July 19, 2018, 08:19:51 AM
 #34

good advice. participate in bounty project we have consistency and can manage time in work. because in the absence of time management all the tasks we do will not work.
faisaladitya
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July 19, 2018, 08:23:35 AM
 #35

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.



I agree with you. to follow the gift, participate in our project must be consistent so that we can finish in one time. especially if we participate in many projects we must be able to manage the time in running it.
arthotdog
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July 19, 2018, 08:23:57 AM
 #36

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.



Nothings new in this thread,since all your points has been tackled from thousands of post here in forum,make some new advices because you may sounds like copy pasting.

You have just elaborated the sentiments but in the end the topic is a recycled and not really originally created
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July 19, 2018, 08:24:56 AM
 #37

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.


i knew one guy from India, he was lucky enough and smart enough to invest just a bit into crypto and he was one among those who made lots of money with that huge jump of bitcoin.

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July 19, 2018, 08:28:35 AM
 #38

Good advice but don't forget that not 100% of your work will give 100% result, thats why you have to do extra.

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July 19, 2018, 08:32:14 AM
 #39

These advice are very sensible and has it's worthy in gold! I still find it puzzingly that people invest to expect multiole of hundred percents in profit but they do not think they could also loss in the multiple of hundreds percent also!
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July 19, 2018, 08:32:48 AM
 #40

Good advice but don't forget that not 100% of your work will give 100% result, thats why you have to do extra.
yes more work it may be most appropriate in anticipation of a result that is not maximal. because even if we have worked the maximum results are also not necessarily give the maximum. we must accept it.

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