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Author Topic: NEWS FLASH! 10 most important Crypto guide in 2019 and beyond...  (Read 269 times)
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June 01, 2019, 03:05:28 PM
 #21

I agree with all of them apart from the first one.
In my opinion, if someone doesn't know what he does he should better choose to invest in bitcoin rather than diversifying in  many cryptocurrencies that they don't understand their technology.

Because proper diversification isn't throwing money to shitcoins. Proper diversification is putting money on other non-crypto assets and businesses instead. Putting money on other cryptocurrencies with higher chances of failure is actually making your portfolio worse.
I have to be more careful in placing opportunities for crypro, so I suggest to keep on being crypto who has high potential and invest in coins that are truly tested in the public.

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June 01, 2019, 03:10:04 PM
 #22

I like the advice #7 very much. Really, people take cryptocurrencies like money very often. This stuff becomes the reason of selling crypto during its fall. As a result, the losses happen. And thank you for the other statements as well.
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June 02, 2019, 03:25:45 AM
 #23

Thanks for all the replies both positive and negative. I am happy most of you found this information valuable
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June 03, 2019, 04:10:05 AM
 #24

The thread title (NEWS FLASH!) is just hilarious, it so catchy and I was thinking its something that I don't know yet, but it wasn't.

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June 04, 2019, 06:55:42 AM
 #25


4) Think long-term profits, not short-term gains.

7) IT’S NOT CASH, UNTIL YOU SELL YOUR CRYPTO FOR FIAT.

These should be put in our mindset always when we are trading or involving our money in the cryptocurrency there are so many things that can happen in just a day so you should always not consider the cash that you've put in your portfolio unless you sell it.
Long term is still the best investment but always do proper research to gain a lot of profit in doing this kind of strategy.

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June 04, 2019, 12:16:46 PM
 #26

1) Diversify your portfolio if you are unsure of what you’re doing, then narrow down your portfolio if you know what you’re doing.

This reminds me of people who bought many altcoins 2 years ago and did not sell all the coins. In this market, people need to have a lot of common sense.

2) Surround yourself with crypto people, do not recruit your friends into investing in crypto.

It depends on your friend's abilities. For example if your friend was a big investor or trade, it sure would be a good idea "to recruit" him

3) Invest 10–20% of your income after tax in crypto (since most of you, don’t know what “invest what you can afford to lose” means).

greed blind people

4) Think long-term profits, not short-term gains.

if the person has good knowledge, then he will make a profit in both long-term and short-term

5) Always do your own research. Manipulation, hype, pump and dump, fraud, scam, hacking, and stealing, are common here in this space, and can sometimes lead people to financial loss.

I agree

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June 04, 2019, 12:45:56 PM
 #27

1) Diversify your portfolio if you are unsure of what you’re doing, then narrow down your portfolio if you know what you’re doing.

2) Surround yourself with crypto people, do not recruit your friends into investing in crypto.

3) Invest 10–20% of your income after tax in crypto (since most of you, don’t know what “invest what you can afford to lose” means).

4) Think long-term profits, not short-term gains.

5) Always do your own research. Manipulation, hype, pump and dump, fraud, scam, hacking, and stealing, are common here in this space, and can sometimes lead people to financial loss.

6) Keep your day job despite reaching your financial goal in crypto, so you are not emotionally dependent on your crypto profits as a source of income.

7) IT’S NOT CASH, UNTIL YOU SELL YOUR CRYPTO FOR FIAT.

Cool Read, and read, every day, do not underestimate the power of reading. Learn something new about blockchain and cryptocurrencies every day.

9) Avoid pyramid schemes, cloud mining, MLM, “earn interests” schemes and ponzi schemes such as Bitconnect.

10) Be responsible with your newfound wealth, don’t be reckless, you may experience a state of euphoria when your portfolio reached triple gains.


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It is nice topic and great guide I agree on your 10 crypto guides and it is very important to always remember it.
But I just hope you didn't make those great topic just to shill the training workshop I don't really think that people would actually believe in those kind of workshop.
It is better to enhance your own on your own way by experiencing and learning from it .
And besides there isn't really a guarantee that their words could really make it ,
If that is how things work then it would just be easy to gain profit we wouldn't need to invest too much.

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