wildan88
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November 08, 2019, 09:22:14 AM |
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knowledge is very important to be a good investor. because by having good knowledge, we should be able to manage what we will do in our investment. but it is different when we invest in crypto, we can get a lot of profit in a short time, so we need to control emotions because usually, people will be greedy with it.
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cotton ball
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November 08, 2019, 12:22:08 PM |
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knowledge is very important to be a good investor. because by having good knowledge, we should be able to manage what we will do in our investment. but it is different when we invest in crypto, we can get a lot of profit in a short time, so we need to control emotions because usually, people will be greedy with it.
knowledge most important thing before you choose investing with bitcoin and altcoin, without your knowledge can't know which one potential altcoin for investing and take profit to be good investor, many investor only buy altcoin when price up and without care with how long have to hold and when have to sell.
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Cynthia Adoma
Jr. Member
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November 08, 2019, 08:06:25 PM |
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What makes a person a good investor is the ability to take calculated risk and also know when to pull out ones investment. Emotions must be mastered so much that it plays little or no role in an investor making decisions (financing or investment) decisions as the case may be. Even in the case of a loss, an investor must take appraisal of the process and find out where he/she got it wrong. This is will minimise a repetition of the same mistake in the future.
ya I always see quotes from successful investors, that we must dare to take risks, and more importantly from a good investor is to continue to learn and explore information about what will be learned. so it's very good when you have a lot of knowledge. One of the most important things is to manage mentally, a good investor must have discipline and good emotions. You are absolutely right. In an ever changing clime such as the business climate, gathering of information is one of the key factors that makes up a good investor. An investor must know what he/she is going into. One doesn't dabble into a business simply because others are doing it or others where successful in it. Without adequate knowledge from information gathered, the business that someone else succeeded in is likely to be the downfall of another. Critical thinking is also key.
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logicgate
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November 10, 2019, 02:14:30 PM |
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More than anything else, in my opinion it is the ability to control our emotions that make us a good investor. Some of the investors develop an emotional attachment with the investment assets, and this results in not maintaining the stop loss and profit booking targets. And when that happens, there is always a chance of incurring a heavy loss.
Yes i agree on that people become a good investors because of they control emotions. I also believe that controlling emotions in cypto is really hard because it is high on volatility ang we also need to have a great experience on it. So i believe that good investors is also once a loser before on crypto field and they mayve absorb all the learnings from thier mistake. Many investor not control emotion with always not enough each every profit earn with bitcoin and altcoin investing, when reached more than 20% profit but still want to reached more than 30% to get profit and then they have lost their investing because price down to lower price, many investor can't control their emotion. This is basically greed. These traders shall set some specific percentage of profits and stick to it. In this way, they would be able to avoid greed and focus on percentage they want. Emotions play vital role in decision making so this is why in order to grab more profit, many investors lose what they could have. Afterwards such traders are blaming coins or either they go in depression. I will simply suggest setting goals.
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meliodas
Sr. Member
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CryptoTalk.Org - Get Paid for every Post!
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November 10, 2019, 02:59:49 PM |
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More than anything else, in my opinion it is the ability to control our emotions that make us a good investor. Some of the investors develop an emotional attachment with the investment assets, and this results in not maintaining the stop loss and profit booking targets. And when that happens, there is always a chance of incurring a heavy loss.
Yes i agree on that people become a good investors because of they control emotions. I also believe that controlling emotions in cypto is really hard because it is high on volatility ang we also need to have a great experience on it. So i believe that good investors is also once a loser before on crypto field and they mayve absorb all the learnings from thier mistake. Many investor not control emotion with always not enough each every profit earn with bitcoin and altcoin investing, when reached more than 20% profit but still want to reached more than 30% to get profit and then they have lost their investing because price down to lower price, many investor can't control their emotion. This is basically greed. These traders shall set some specific percentage of profits and stick to it. In this way, they would be able to avoid greed and focus on percentage they want. Emotions play vital role in decision making so this is why in order to grab more profit, many investors lose what they could have. Afterwards such traders are blaming coins or either they go in depression. I will simply suggest setting goals. Setting goals is one of the most important thing that every person should do because you will not have enough motivation everyday if you don't have a goal or an end point. If you don't have goals then your emotions will eat you out because you don't have an exit plan and all you do is stay at the game. Set goals and act base on your goals so you will not be relying to your emotions.
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BartS
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November 13, 2019, 04:31:45 AM |
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What makes a person a good investor is the ability to take calculated risk and also know when to pull out ones investment. Emotions must be mastered so much that it plays little or no role in an investor making decisions (financing or investment) decisions as the case may be. Even in the case of a loss, an investor must take appraisal of the process and find out where he/she got it wrong. This is will minimise a repetition of the same mistake in the future.
Emotions must be taken out of the decision process that we take, at first this may seem easy but many times I see investors taking decisions based on their emotions instead of letting their strategy to play out and when that happens it is better to try to comprehend why this is the case. If you do not do that then it is impossible to eliminate your emotions when you invest and if you are unable to do that then it is impossible to eliminate your mistakes which is key to become a successful investor.
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Mometaskers
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November 13, 2019, 08:02:54 AM Last edit: November 13, 2019, 09:03:37 PM by Mometaskers |
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If it's just Bitcoin then what you need the most is definitely patience and a lack of attachment. You can't be too reactivate. You have to be patient enough to wait for better price to buy and resist the urge to sell when you feel you are "losing"
For alts you need to be diligent in researching the project and you need some intuition to predict whether it'll be successful or not.
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bettercrypto
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November 13, 2019, 08:51:45 AM |
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If it's just Bitcoin then what you need the most is definitely patience and a lack of attachment. You can't be to reactivate. You have to be patient enough to wait for better price to buy and resist the urge to sell when you feel you are "losing"
For alts you need to be diligent in researching the project and you need some intuition to predict whether it'll be successful or not.
Being a good investor really needs patience and effort. We cannot make good trades if we easily exhausted in the price of the coin we want to buy and sell. Trading needs time and we will do it if we will wait for the perfect time. We can't predict the price but we can make good trades, if we just have patience and good execution.
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Farma
Legendary
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Merit: 1002
Leading Crypto Sports Betting & Casino Platform
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November 13, 2019, 09:54:16 AM |
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If it's just Bitcoin then what you need the most is definitely patience and a lack of attachment. You can't be to reactivate. You have to be patient enough to wait for better price to buy and resist the urge to sell when you feel you are "losing"
For alts you need to be diligent in researching the project and you need some intuition to predict whether it'll be successful or not.
all types of investment require patience in doing so, whether it's crypto or real life. one thing that makes us a good investor, is knowing what we are investing in. in this case, we not only follow investments based on trends but because we know that these investments will lead us to profit. it applies to the real-life and crypto world.
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alisonwonder
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November 13, 2019, 11:26:05 AM |
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If it's just Bitcoin then what you need the most is definitely patience and a lack of attachment. You can't be to reactivate. You have to be patient enough to wait for better price to buy and resist the urge to sell when you feel you are "losing"
For alts you need to be diligent in researching the project and you need some intuition to predict whether it'll be successful or not.
all types of investment require patience in doing so, whether it's crypto or real life. one thing that makes us a good investor, is knowing what we are investing in. in this case, we not only follow investments based on trends but because we know that these investments will lead us to profit. it applies to the real-life and crypto world. it is true that patience cannot be kept away from investment, because basically investment is long term. what we need the most is knowledge, because it is very important in the investment, if we have a lot of knowledge we can at least minimize the risk.
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LUCKMCFLY
Legendary
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Merit: 1882
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November 13, 2019, 03:41:04 PM |
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I have a different thought about Investment and Speculating in the market, certainly being an Investor requires having that amount of money destined only for the currency, suppose in Bitcoin, when an investor decides to put his money in bitcoin, he must be aware that he must Wait as long as necessary until you start giving benefits.
The case of the speculator does not, because the market speculator is directed in the direction of the market, that is, if the market goes up, the speculator is in Long, to obtain profit, if the market is in bearish trend, the speculator is in that sense , always looking for profit in the medium or short term.
Many investments fall apart when the investor regresses, that is, withdraws his money from the investment without having waited long enough, it becomes a waste of money and time.
The investor must follow up on his investment, either days, weeks, have an idea of what is happening in the market, however, emotions are always present, it is what makes us human, the study must be very clear Previous market to maintain their conviction and know how to wait patiently to achieve the objectives, therein lies the success of an investor, however, to reach that level, you need a lot of financial maturity and experience, it is difficult but not impossible.
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Mometaskers
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November 13, 2019, 09:09:15 PM |
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snip
Being a good investor really needs patience and effort. We cannot make good trades if we easily exhausted in the price of the coin we want to buy and sell. Trading needs time and we will do it if we will wait for the perfect time. We can't predict the price but we can make good trades, if we just have patience and good execution. I think it can boil down to setting limits and sticking to it. snip
all types of investment require patience in doing so, whether it's crypto or real life. one thing that makes us a good investor, is knowing what we are investing in. in this case, we not only follow investments based on trends but because we know that these investments will lead us to profit. it applies to the real-life and crypto world. Yes, we have to research properly before throwing money at new investments and then after that we just need to observe it. I did read about bitcoin first and asked people I know before I tried it. Now that I know at least the basics (can't really wrap my head about the technical stuff) I just keep myself informed with news, etc, and try not to be emotional about it.
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cutesgirl
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November 14, 2019, 01:03:47 AM |
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If it's just Bitcoin then what you need the most is definitely patience and a lack of attachment. You can't be to reactivate. You have to be patient enough to wait for better price to buy and resist the urge to sell when you feel you are "losing"
For alts you need to be diligent in researching the project and you need some intuition to predict whether it'll be successful or not.
all types of investment require patience in doing so, whether it's crypto or real life. one thing that makes us a good investor, is knowing what we are investing in. in this case, we not only follow investments based on trends but because we know that these investments will lead us to profit. it applies to the real-life and crypto world. Definitely. Good investors don't invest based on certain trends in the market. Good investors find the good investment by themselves without relying to other people, they do a lot of research and analysis about the investment that they are interested in investing. It is about patience and risk taking because you will not become a good investor if you don't have those two. Good investor have technical for investing which one good altcoin, many investor only heard some one recommendation without recheck with altcoin is good for investing or not. Become good investor need time for analyze with altcoin first before investing, right now many people have open service with their knowledge investing with bitcoin and altcoin.
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Shasha80
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November 14, 2019, 03:47:47 AM |
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There are many reasons that make us become a good investor, one of the reasons we become a good investor is always wise in managing finances. In other words, as an investor, not investment carelessly, he must really do research and investigation to find the right coins to invest. A good investor is also not affected in making decisions in choosing coins. And the last reason why we can make a good investor is not being greedy in pursuing profits. If it is when selling coins that we hold to make profit, it will be done without delay. By delaying taking profits can result in investors experiencing losses, because coins we have can down suddenly.
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7788bitcoin
Legendary
Offline
Activity: 2282
Merit: 1023
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November 14, 2019, 06:34:39 AM |
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Good investor have technical for investing which one good altcoin, many investor only heard some one recommendation without recheck with altcoin is good for investing or not. Become good investor need time for analyze with altcoin first before investing,
There are not many good alts in the market and if you really look at the technical aspect of it then you will find the similarity, if you are investing by listening to other vague predictions then your investment will go down the drains, if you are looking for any form of investment then look for bitcoin and nothing else, i wanted to respond because of your funny way of writing . right now many people have open service with their knowledge investing with bitcoin and altcoin. These are bullshit services and avoid it like a plague.
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AhGo.Wu
Newbie
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Activity: 15
Merit: 0
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November 14, 2019, 06:35:51 AM |
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Patience and being not greedy.
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EdvinZ
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November 14, 2019, 06:43:58 AM |
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Patience, it helps to wait for the moment when the price of the asset reaches the desired level. Many do not have enough patience, they think of themselves as traders and lose the deposit, while it is much safer to just buy and wait. If you do not understand day trading, it is better not to do it.
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Lecam
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November 14, 2019, 11:59:17 AM |
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Patience, it helps to wait for the moment when the price of the asset reaches the desired level. Many do not have enough patience, they think of themselves as traders and lose the deposit, while it is much safer to just buy and wait. If you do not understand day trading, it is better not to do it.
That is very important once the investor are investing in bitcoin they have more patience. Because patience is good one emotions in investing industry. So we need to be patience and have more knowledge about what they are doing about investing in bitcoin. Its been a good if they have good enough capital so that they have invest it and get a good profits.
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Darooghe
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November 14, 2019, 12:50:55 PM |
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I think there are a wide variety of things that make good investors and there are many types of investors. they all may be good investors, whether passive investors or very active investors. In my opinion they all have unique qualities, but they all tend to want to learn. they Learn patience and choose a investing time-frame and stick to it, such as long term or short-term. Most of the great investors have their own opinions about things, even if that opinion contradicts everything the market says. so learn how to think on your own. the market will be there tomorrow, next week, next month, next year. Learning and being patient is more important than anything.
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andycarrol
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November 14, 2019, 12:52:02 PM |
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Patience, it helps to wait for the moment when the price of the asset reaches the desired level. Many do not have enough patience, they think of themselves as traders and lose the deposit, while it is much safer to just buy and wait. If you do not understand day trading, it is better not to do it.
That is very important once the investor are investing in bitcoin they have more patience. Because patience is good one emotions in investing industry. So we need to be patience and have more knowledge about what they are doing about investing in bitcoin. Its been a good if they have good enough capital so that they have invest it and get a good profits. when they have good knowledge they must have good patience too. especially investing in bitcoin, if they have the knowledge, they know the movement of bitcoin for the long term is very good. most investors should have good patience because the investment requires a long period of time. while short-term trading does not include investment, imo.
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