Don't bite more than you can chew

[GreenAnat]

Yes, these rules are true! And the first I would generally refer to the golden rules of investing! The cryptocurrency market is very volatile and I would attribute such investments to investments with increased risk!

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[thenameisjay]

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 point 1. Never go investing in something with money you don't have and with money you're not prepared to lose. If you do, you'll end up crying your heart out. Believe me, I have been in that situation and it sucked big time. As a bounty hunter, stick to a single bounty you can dedicate your time to finish.

[graminfodiff]

We lost a lot on altcoins this year

[ninetimu]

Waiting for BTC with 1k price

[berstabfido]

Just Hold, friends

[ninetimu]

when moment to buy?

[Hamphser]

Previously, there was such a trend when people could sell all their property and invest in the cryptocurrency market because they hoped for a quick enrichment, but the realization that they could lose all the money led to the fact that in a short time these people lost everything 

This is called gambling addiction.

This isn't really a move from an investor but rather on a pure gambler which making such decisions without even thinking carefully on the risk which you have said that
this is called gambling addiction 

Being greedy is part of human nature that's why when they do saw or believe something that can make them rich then they do tend out to go all in without thinking twice.

[Everglow]

Right. I agree with your opinion. Perhaps the hardest thing in the crypto market is the ability to control greed. Greed itself causes so many consequences for us, both traders and bounty hunters.

[graminfodiff]

In this market, I would not sell anything

[Fu Mei Mei]

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.

I agree with you, cryptocurrency is an investment with the highest level of risk but is more liquid than other types of investment, so don't ever make crypto as major investment and putting all money into it. Considering the character is more liquid so I think this is more appropriate to be used as an alternative investment, so when you need money suddenly you can sell it immediately.

[leubirechat]

And when will growth begin?

[Lorin]

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, because most of us invest all their money because they believe they will earn big without thinking the risk of it. Not all the time that if you invest big , you also get a big profit. Be prepare to loose.

[Ben Shedly]

Right. I agree with your opinion. Perhaps the hardest thing in the crypto market is the ability to control greed. Greed itself causes so many consequences for us, both traders and bounty hunters.

That is why I don’t feel sorry for people who, because of greed, took loans, sold expensive property and invested all the money in cryptocurrency. It is necessary to understand that coins can not only grow in price, but also fall.

[waldocarter]

Why if a person wants to jump above his head, and strive to do more, he is immediately called an upstart. I think this is normal when a person strives for a better, more - efforts always pay off

[gastnelessru]

We lost a lot on altcoins this year

[Slark]

I think that if you do not bite more than you can chew, then you will stand still and you will not have any growth. You must constantly strive for more.

[Luna0120]

I also agree with this statement. You need to understand that there are really a lot of projects on the crypto market today. But projects can be not only useful and successful, but also bad and failure. Therefore, you need to be rational in relation to the investment of your funds, you do not need to give all the money at once, prepare a long-term investment strategy.

[HarrisonErnest]

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 don't really think many people follow this but to be honest it's the right way forward. Buy Paragon, Stellar, Cardano or Tron invest what you can truly afford to lose.

[kodtycoon]

- 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 traders and investors it's true, don't spend all your money there because if you lose at least you still have money to cover your needs. But for miners I think it is free if he has a exact income in their work in the real life, he can spend all the money he has for the needs of mining equipment but with a note he must know the profits he gets from the mining.

- 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.

For a bounty, I think you can join a lot of available campaigns, because not all ICO projects can generate good income or one of them is a scam project. So with you being able to participate in many bounty programs then at least you still have the opportunity to get a good profit.

[hellyeahent]

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.

Yes, very useful and important advice. Unfortunately, many newbies and experienced investors do not take this rule into account. I am also convinced that you need to invest only the money that you are willing to lose. I very much hope that many participants in the crypto market will first prepare a safe and reliable investment strategy, and only after that will they invest their money.