Samkol26
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Activity: 532
Merit: 10
Bountyhive.io
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May 17, 2019, 06:27:23 PM |
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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 think that there is any advice that is greater than this, taking a risk doesn't mean you should risk your whole savings because you want to risk. taking a risk can only make sense when you don't lose all at once. But for bounty hunter, if you do more than you can do sooner or later you will realize it's not about how long but how well. |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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Teawhalee
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Activity: 482
Merit: 1
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May 17, 2019, 06:38:00 PM |
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Greed is what is playing out here which is part of human nature ! I think we need to be greedy but we should try to manage our greed ! managing greed is what we will make is not to be more greedy to avoid falling into pit of regrets and loses !
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IVEXO
Jr. Member
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Activity: 574
Merit: 2
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May 17, 2019, 06:43:46 PM |
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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.
Let’s make it simple by saying Only invest in tokens that you can be safe and can risk all Be positive and don’t over do or rush things |
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Victorycoin
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May 19, 2019, 10:12:53 AM |
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Greed is what is playing out here which is part of human nature ! I think we need to be greedy but we should try to manage our greed ! managing greed is what we will make is not to be more greedy to avoid falling into pit of regrets and loses !
Please can lost everything for few reason and do you know the higher reason, that is the greedy. When you are greedy then you can loss ins and outs of your capital and you might be a street begger. |
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Chuky92
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Activity: 966
Merit: 5
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May 19, 2019, 10:26:55 AM |
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This is a nice post and entirely true. This is not only applicable to the crypto space but also in whatever we do in our daily lives.
For investment, it doesn't make sense investing everything with the hope of getting a huge return, when no one can even predict the future.
Due to the volatility of this space, it is really a bad idea investing all funds in one coin or project.
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Clearstream
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Activity: 378
Merit: 4
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May 19, 2019, 10:37:13 AM |
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It is wise. We have to be the worst psychological preparation before investing. For beginners, you'd better start with a small amount. u need to accumulate experience instead of getting rich right away.
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puertorikosena
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May 19, 2019, 10:39:07 AM |
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I think that after the fall of the market in 2018, many inexperienced traders learned a serious lesson for themselves. But still, new people come to the market and they will make the same mistakes. On the cryptocurrency market you need to be ready for anything.
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nikogluttonym
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Activity: 171
Merit: 10
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May 19, 2019, 10:52:04 AM |
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I think that these tips should be known to all people who at least somehow are able to think logically. In general, until you try it you will not know. Beginners will always learn from their mistakes despite any tips.
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niisarearning
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May 19, 2019, 11:05:08 AM |
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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 it’s true but crypto is the only space where we get multiple returns in very short period of time like bitcoin price increased from 3000$+ to 8000$+ in couple of months. Bounty is not free money it’s like getting paid for doing marketing if you choose right product no need to go for multiple products( I mean ico) |
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axel2078
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May 19, 2019, 11:13:39 AM |
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Thank you for this, it is self explanatory.
Most people who always think they can hit it big by going all in with their funds are always at the receiving end and funny enough are mostly the ones to start calling a project scam etc, while forgetting in every investment time and patience really matters.
It is better and always advisable to invest the little or the one you can afford so that you can be at peace at all times and not jumpy at every little thing.
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kangkilokang
Member
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Activity: 530
Merit: 10
Revolutionizing Crypto Payment Solutions
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May 19, 2019, 12:01:34 PM |
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I think that these tips should be known to all people who at least somehow are able to think logically. In general, until you try it you will not know. Beginners will always learn from their mistakes despite any tips.
yes if you have never tried even though you have a lot of knowledge because you learn it, it is still lacking if you haven't tried it and maybe you still haven't run it wit. to do a lot of business we need to know, not just business and anything we need to know so we can handle it well. |
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Revvo1
Jr. Member
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Activity: 272
Merit: 1
"simply getting the job done"
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May 19, 2019, 12:09:30 PM |
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0 stakes all through! Lol... Very funny! That is rightly said actually.. Out of greed, many always to multiply their wealth even at the expense of others.. Like you said also, many have lost several thousands and millions to scam project all because their motive for investment is actually bore out of greed from the inception. We must always check ourselves.
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Mycro Jobs
〈 SIMPLY GETTING THE JOB DONE ⟩ |
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bitc0000
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May 19, 2019, 12:46:46 PM |
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This is such a wonderful advice to all within the crypto space irrespective of their level of which category they belong to.
To add to what you have stated, it is always wise and important one understands what he is getting into; when it comes to investing there is something called "calculated risks" don't go investing everything thinking it will boom immediately. Invest what you can afford and watch it grow without getting emotionally attached.
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dipeco
Copper Member
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Activity: 210
Merit: 1
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May 19, 2019, 01:34:39 PM |
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You should always be happy with what you already have, and unfortunately some people are taking huge risks and are losing all their money. Think analytical, always stay calm and make right strategic investments.
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dimonarka
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May 19, 2019, 01:45:26 PM |
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In this case, I can’t agree with you because if you want you can participate in many projects without any special problems all you need to correctly allocate your time and resources and also just create a table with projects in which you participate and with its help just do for report on your work, and if you do that, you’ll be in time.
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Wintersoldier
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May 19, 2019, 01:45:44 PM |
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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.
How could you say, you might end up just having a reason from project? I think it will going to help you better if you have more bounty joined, not accounts, but workloads. In that case, you can maximize your time and opportunity to that project and you can earn allot, make sure you are updated to the project in order to be sure about it. |
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fosco333
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May 19, 2019, 03:26:47 PM |
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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.
As a hunter, i can do task on many projects campaign such creating articles, but i didn't do that because i don't want to wasting my time. There were many bad bounties in the past that didn't paying bounty hunters. So i think i just want to focus on a single very good campaign, and my work can be done properly. |
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irixo10
Full Member
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Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
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May 19, 2019, 03:27:48 PM |
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You really nailed it, its about time people starts understanding that in this space anything can happen as it is highly unpredictable. Investing everything in one project with the hope of it giving huge profits isn't always a good idea.
In fact to live long or later last long in this crypto space, one should always invest what he can afford as well as lose.
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Victorycoin
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May 21, 2019, 04:32:38 PM |
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It is wise. We have to be the worst psychological preparation before investing. For beginners, you'd better start with a small amount. u need to accumulate experience instead of getting rich right away.
Psychological preparation should be more than the investment. When you loss your investment you may recover that but when you loss your psychological balance it will be difficult to recover it and recover loss. |
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Xclusive5
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May 21, 2019, 04:40:41 PM |
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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 is a very good advice because most of the people in crypto world love to chew more than they can bite. Some even go to the extent of investing their life savings on cryptocurrency and they end up homeless. I think this is not wisdom because its not good to put all everything in a basket. |
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