Some clever ideas for your success!

[sexylady13]

The 1st principle: never lose your money.
The 2nd principle: look for opportunities and avoid big risks. Return must be greater than risk.
The 3rd principle: pay taxes.
The 4th principle: create a diversified portfolio:
various classes of assets, investments in each class of assets, investments in different markets, countries, and currencies + it's necessary to distribute investments in time.

Remember that there's no ideal time for investments. However, if you regularly invest in different assets,  you'll reduce the risk and increase the return in the long term.

6 main mistakes causing to fail:
1) Subjectivity in perception.
2) The belief that today's trend will last forever. Today's winners are tomorrow's losers!
3) Overconfidence in your knowledge and skills.
4) Greed, impatience, passion.
5) Geographic limitation.
6) Negative mood and the fear of losing. As we all know, people remember a bad experience much better than a positive one. We're afraid of losing money and lose it, in the end, because of our wrong actions.
Money is emotions, and we should be positive. If you don't control your brain - it will control you!
80% of our success is our psychological mood and the rest 20% depends on instruments and methods. Stop set yourself up for failure!
Of course, I understand that you won't become rich and successful quickly after reading my post. But I want you to focus on the positive!

Tell me, please, what kind of methods of psychological training you use? Thnx!

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[kingzpro]

Well i personally think that once you take any business or investing decision then you should stay confident and positive although your decision may not end up as you predicted but there are always more opportunities so never blame yourself but you should make the decision after considering all the aspects, the outcomes, the risk etc.

[halisakal]

The 1st principle: never lose your money.
The 2nd principle: look for opportunities and avoid big risks. Return must be greater than risk.
The 3rd principle: pay taxes.
The 4th principle: create a diversified portfolio:
various classes of assets, investments in each class of assets, investments in different markets, countries, and currencies + it's necessary to distribute investments in time.

Remember that there's no ideal time for investments. However, if you regularly invest in different assets,  you'll reduce the risk and increase the return in the long term.

6 main mistakes causing to fail:
1) Subjectivity in perception.
2) The belief that today's trend will last forever. Today's winners are tomorrow's losers!
3) Overconfidence in your knowledge and skills.
4) Greed, impatience, passion.
5) Geographic limitation.
6) Negative mood and the fear of losing. As we all know, people remember a bad experience much better than a positive one. We're afraid of losing money and lose it, in the end, because of our wrong actions.
Money is emotions, and we should be positive. If you don't control your brain - it will control you!
80% of our success is our psychological mood and the rest 20% depends on instruments and methods. Stop set yourself up for failure!
Of course, I understand that you won't become rich and successful quickly after reading my post. But I want you to focus on the positive!

Tell me, please, what kind of methods of psychological training you use? Thnx!

awesome! overconfidence is essential when it's for self-esteem but not in skills, you're right. pay taxes wisely;) clear focus matters too. i use imagination and make plans with step by step description.

[GirlBitcoin]

To me, the best idea is to practice the smallest things. I have read a lot of books on investing and theories to remember to invest in, but when I started investing, all the theories disappeared from my head. So my precious experience is to practice. wrong, fix, do not worry.

[Nidhi Bhatia]

I have some important points that leads you to success in crypto. Individual should aware of day to day market condition with full experience of crypto market. Individual should carry calm and patient attitude towards to crypto though market is RED.

[ImHash]

Paying taxes, Really? I wouldn't say that paying your tax has anything to do with your success, But it could be a starting point where you can help your country. One thing that I like about being successful is that you should always hodl on to your coins rather selling/dumping them.

[Jayleen Fernandez]

Your method is quite good and throughly analytical. It is good to do your own resaerch and focus on both the negative and the positive sides of an investment, and then make a decision. Sticking to the decision while adapting to the change in market is alos something what investors should follow.

[Isai Arnold]

When you take any business or investment decision you should always remain confident about it even if it doesn't go as planned. There will always be a chance for failure or having losses but you should never be discouraged by them as there are new opportunities around the corner. So never blame yourself and make decisions after you've considered all the risks, different aspects, outcomes etc.

[Erick Mckay]

Ofcourse, without controlling your sentiment you can not make a good decision. And in this risky and unstable market you need to take every steps carefully but fast. Overconfidence and greed are to be avoided.

[igor.vanyutin.83]

Great advises for the newbies, that are coming to the market. The most important is the divesification aspect. Never invest everything in one coin, or you will lose a lot of money. Also, never sell deep, because you will only cut your loses and lose money.

[YuginKadoya]

It will surely depend on a person to be successful I really think he would need hard work and a mindset in pursuing his real goal in life, your advice can be helpful in a way of changing his bad principles in life and indicating the mistakes so that no one would abruptly do it, An advice from a financial analysis should be enough, Because having knowledge will sure give you an edge in becoming successful.

[casperBGD]

First one is the most important, because If you lose your money, you will hardly be successful, it is a matter of fact
but, this post is a bit ridiculous, since it is only stating life-couching mantras, that are widely known, but not that useful to general population

[- ESPERS -]

       The ideas you mentioned are some clichés. It is good that you have some principles you apply, but in the crypto world you can not apply every time. It's good not to invest money for your daily spending in the crypto world, because it's long-term investment. And it's good to be as documented as possible, and take advantage of every chance. Other principles do not have because the market is volatile and can not be applied.

[Markus Good]

Well my personal suggestion is to be confident and positive always. Once you take any decision then you should stay confident and positive although your decision may not end up. But never blame yourself.

[lebedi]

The ideas are good but they are not stable and they could have problems in the work with the changing cryptocurrency market so they are not useful for me.

[bitcoinbuyer]

It is not my style to use them, it is better and more convincing for me to rely on myselg only and on my ideas only as well, this ways is the best.

[iTradeBit]

Thanks!

[sinkfish]

The 1st principle: never lose your money.
The 2nd principle: look for opportunities and avoid big risks. Return must be greater than risk.
The 3rd principle: pay taxes.
The 4th principle: create a diversified portfolio:
various classes of assets, investments in each class of assets, investments in different markets, countries, and currencies + it's necessary to distribute investments in time.

Remember that there's no ideal time for investments. However, if you regularly invest in different assets,  you'll reduce the risk and increase the return in the long term.

6 main mistakes causing to fail:
1) Subjectivity in perception.
2) The belief that today's trend will last forever. Today's winners are tomorrow's losers!
3) Overconfidence in your knowledge and skills.
4) Greed, impatience, passion.
5) Geographic limitation.
6) Negative mood and the fear of losing. As we all know, people remember a bad experience much better than a positive one. We're afraid of losing money and lose it, in the end, because of our wrong actions.
Money is emotions, and we should be positive. If you don't control your brain - it will control you!
80% of our success is our psychological mood and the rest 20% depends on instruments and methods. Stop set yourself up for failure!
Of course, I understand that you won't become rich and successful quickly after reading my post. But I want you to focus on the positive!

Tell me, please, what kind of methods of psychological training you use? Thnx!

im agree with the list except one

not all places are require to pay tax for crypto trading. this is rather grey zone. but if your country require you to do so. best you comply.

[mayan251]

All of those listed are correct. But what I want to say is that very few people do that. Because there are many factors that determine your behavior. For example, unstable market, Emotion, Asymmetric information. I think the biggest progress is to sum up experience and make fewer mistakes in the market.

[nemey]

The 1st principle: never lose your money.
The 2nd principle: look for opportunities and avoid big risks. Return must be greater than risk.
The 3rd principle: pay taxes.
The 4th principle: create a diversified portfolio:
various classes of assets, investments in each class of assets, investments in different markets, countries, and currencies + it's necessary to distribute investments in time.

Remember that there's no ideal time for investments. However, if you regularly invest in different assets,  you'll reduce the risk and increase the return in the long term.

6 main mistakes causing to fail:
1) Subjectivity in perception.
2) The belief that today's trend will last forever. Today's winners are tomorrow's losers!
3) Overconfidence in your knowledge and skills.
4) Greed, impatience, passion.
5) Geographic limitation.
6) Negative mood and the fear of losing. As we all know, people remember a bad experience much better than a positive one. We're afraid of losing money and lose it, in the end, because of our wrong actions.
Money is emotions, and we should be positive. If you don't control your brain - it will control you!
80% of our success is our psychological mood and the rest 20% depends on instruments and methods. Stop set yourself up for failure!
Of course, I understand that you won't become rich and successful quickly after reading my post. But I want you to focus on the positive!

Tell me, please, what kind of methods of psychological training you use? Thnx!

Very good reviews. I also note that to be success we need to take the risks. But we must hold the good strategy and plan when taking the risks. Never make you entered in some loans for investment because it gives very risky decision. All your statement in that posting is very important and I got it. Thank you.