Regretting Buying Coins of others Choice

[Orrechorre]

There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.

Yes, I agree with you as it is a very good advice for anybody who wants to take decisions about a coin or project. It is very good to do your own research and be sure of what your want to do before you do it. Yes, you can seek for suggestions, but it is good to do your findings.

[tanghere02]

Why in the first place would you buy coins you dont know about and believe on other peoples advices when you also barely know them? I wouldn’t buy some coin just because a forum member said so, I’d rather check out that certain coin and do my own research to see if it is worth investing.

[Cnut237]

I do think that most people give genuine advice. The problem is that everyone has their own favourite coins, and will recommend them. And often the reason that a coin is someone's favourite is that the price has gone up whilst they have held it. And obviously if a coin has risen substantially in the past, that is not a reliable indicator that it will rise again in future, or that now is a good time to buy in.

It does always come down to DYOR.

[balamuda]

There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.

You must have your own choice and for the recommendation of others you should consider it. And do some research to see if the coin you want to buy is good or not.

[bitgogo123]

This is normal, I have encountered. When I first entered this circle, this friend asked me to buy one, and now I lost half. It also lost money. It is listening to other people's rumors.

[Geoff999]

Well Said,

You should always do your own research before investing in a project,

Personally i only tend to invest in coins that i would USE once their roadmaps are complete, so they have a value to me personally beyond just financially.

[AnonBitCoiner]

We should take care of your hard earned money.Because it was not came by free .If you like to inverse in cryptocurrency,you have to deep analysis of certain coin.Mainly you have to check the price chart of that coin over a year or from their origin. It will give you hope to inverse in that coin.

[c4ptch4]

you are very right before investing we have to do our own research because people have different points of view in determining a coin and completely it is not true, all back to yourself in determining the coin you will make investment

[krauzzer02]

Don't depend your decisions from other people most especially from an anonymous person which is most probably shilling or advertising certain coins, most common words buy this X coins and you will get 20x ROI or there would be a buyback from this Y coin so invest to ride the pump, to the moon from this coins buy while it is cheap, consider them but don't depend research the coins from their suggestions and make your own conclusion as to what are you going to buy or not, most of all do your own research to find those hidden cryptos which will be worth a lot in the future.

[richjohn]

There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.

The thing is you can buy coins suggested by others but you will not know when to exit as nobody is going to tell you that and that is the point where people make loss. Right now, you would have been in loss if you invested anytime before Feb no matter what was your pick because almost all the coins have experienced a dip since then. Therefore, stop blaming others and try figuring out the best entry and exit point available for a coin at that particular phase. You just can't make profit by buying a potential coin, you need to analyze when to exit as well.

[Mahanton]

There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.

Glad that you do able to find out and realize such thing which it is just normal for those informations to fly away on all directions where people would always tend to propose or shill out on the coins that they had already invested it out and once they do get some big investor they would able to sell it out on their holdings yet the price had already being increased and thats a normal system and if you are careless enough then most of the time you would really be fooled out.

[rayk]

Many people also regret not buying coins which are recommend by other members but there is really not a lot of people who can give you good coins now so trying to get coin recommendations in the forum now might be unreliable.

[Jordens]

There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.

Yes, you are right, many beginners do not understand the structure of the market and the structure of the crypto currency make many mistakes and then criticize the system itself without understanding it.

[Katabit]

I agree with what you need to think with your head. And if possible, do not believe anyone, because if you fail, you will lose your money. Therefore, it is necessary to choose the project for investment with special care and diligence. No matter how promising the project does not seem to be, do not invest all your money in it. Choose several projects for investment.

[kateycoin]

There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.

Nothing is wrong to get the advice of others but always be careful not all people are trusted. To avoid them make your own research or ask a little to your trusted friend that knows about trading in crypto. You earn your money from your hard work so be careful to lose it because in crypto many will lie on you or frauders.

[SinisterS]

Regret is part of this game. You can't always go by what some stranger recommends.

[mbm_ico]

Your message I would show absolutely everyone new on this forum. I would also like to add that everyone has his own point of view and his intentions, when he advises you something, so make a decision with your head, not someone else's advice.

[lyons]

There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.

I think that the advices on this forum can be really beneficial sometimes, but on the other hand, in my opinion, you shouldn't make an investment just according to the comments on the forum.

[xuan87]

Of course you need to do your own research before buying coin, every one has it's own perspective about the coin feature and some are the member of the developers, so they will suggest the coin that they promote, there are separate opinion about coin so you can't follow people's advice when you want to buy

[Oceat]

There are many people (mostly new to crypto trading) seen here regretting buying coins that are recommended by forum members.
Anyone new to this market should learn trading first before investing major portion of his capital. Take advice but do your own research before buying any coin as no one will share your loss.
Keep in mind that if you are seeking advice here, you will be recommended by coins that are bought by members or they have some interest in it. So please don't follow blindly to every advice, take care of your hard earned money.

Of course, that's the common mistake of every newbie in trading, we always have doubt in mind because we knows little than the people who already experience what's best and worst in this society. But we must have to move on, in order to process and learn what do we regret in the past and this will helps us to learn more quickly if we do regret from it, because life's a lesson.

What do we need is just a simple common sense.