Visbay
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January 05, 2020, 12:44:06 PM |
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<....> To become a good investor, we need some skills ang characteristics that we might use in our journey in investing in many cryptocurrency.In achieving the qualities of being a good investors, there are also other people dreaming and want to become a good investor. Be competitive at all times. We should have some prior knowledge about the things we handle and we manage for us to use it in a very good way. We should be patient for somethinh we want to happen because of we don't, we are not a good investor and lastly we should be wise thinker in money, good at managing investment.
You should start by knowing what it really means to invest--what investment meant. Being competitive is out of the question since you are expecting a return later on, and being competitive means you're expecting more on the present than in the future (for example trading, gambling). Investment is quite different, other than having a lot of consideration on making any decision and having prior knowledge of what you're about to invest on, you should have a strong resolve on specifically choosing whatever investment you're trying to do. And there come speculations, before investing in something try to speculate based on "past" results or if it's new, try considering the potential of the said investment. Important: One must not neglect the importance of communication. There are several character traits that make up a good trader, they differ widely from your investment description: Self-awareness. Not only in trading, self-awareness is a key attribute of any professional and successful person Process-oriented thinking Discipline and a strong work ethic Patience Emotional stability Ego Independence and responsibility I hear from your words an image of successful person (in general). In my opinion it doesn't take that much of a work to be a decent investor. And btw I'm agreed that you have to be emotionally stable and with process-oriented thinker. Other ones are not part of the case It is not so hard to become good investors as most of the points are really good in the above discussion. To become a good investor it’s important to know that we should never stop learning as learning gives knowledge. A good investor must be patient and have self-control. It’s important to know about time to sell and time to buy as it will help to avoid loose.
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heidikim
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January 05, 2020, 08:26:11 PM |
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The best investor is the investor who makes the right plan. You can invest in Bitcoin. You need to sell Bitcoin at the right time. There is no continuously rising graph. Meet these facts. Being snow is also nice. However, when damage occurs, stamina is required.
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DaftAjax
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January 06, 2020, 03:15:30 AM |
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It is not so hard to become good investors as most of the points are really good in the above discussion. To become a good investor it’s important to know that we should never stop learning as learning gives knowledge. A good investor must be patient and have self-control. It’s important to know about time to sell and time to buy as it will help to avoid loose.
I hear from your words an image of successful person (in general). In my opinion it doesn't take that much of a work to be a decent investor. And btw I'm agreed that you have to be emotionally stable and with process-oriented thinker. Other ones are not part of the case
^^^ These are quite repetitive but hey, to each their own. But I don't agree with "it's easy to be a good investor" and something like "it doesn't take that much of a work to become a good investor". In everything you do, working hard for that certain task will eventually give you a satisfying result. If you think it's easy to become a good investor you shouldn't be here. There are several character traits that make up a good trader, they differ widely from your investment description:
Self-awareness. Not only in trading, self-awareness is a key attribute of any professional and successful person Process-oriented thinking Discipline and a strong work ethic Patience Emotional stability Ego Independence and responsibility
It does take a lot of things to consider. These points do not entirely represent a good investor but those are probably the most vital, the rest are self preferences.
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Triffin
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January 06, 2020, 03:03:51 PM |
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There is no constant answer for this question. For example buyers holders made so much profit 3 4 years ago. But the sellers won 2 years ago. So it depends on the aim of the market and same thing can makes you good or bad investors from time to time.
with time you will learn and you will become good investor automatically but I think its few quality that a good investor must have. A good investor must be patient and he must have skills of getting profit. A good investor should want until his coin untill it rise to double so be good investor and wait with patience.
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KnightElite
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January 07, 2020, 11:31:00 AM |
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There is no constant answer for this question. For example buyers holders made so much profit 3 4 years ago. But the sellers won 2 years ago. So it depends on the aim of the market and same thing can makes you good or bad investors from time to time.
with time you will learn and you will become good investor automatically but I think its few quality that a good investor must have. A good investor must be patient and he must have skills of getting profit. A good investor should want until his coin untill it rise to double so be good investor and wait with patience. A good investors consists of good standards like having enough patience and also enough knowledge in order to gain profit in market. Understanding the market is the main key in order for us to become a good investors. What do I mean by that? It is simply the investor know what he is doing in an investment and how he can make profit from the market.
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drachman
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January 09, 2020, 04:00:32 AM |
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But I don't agree with "it's easy to be a good investor" and something like "it doesn't take that much of a work to become a good investor". In everything you do, working hard for that certain task will eventually give you a satisfying result. If you think it's easy to become a good investor you shouldn't be here.
And it is precisely that attitude what gets people in trouble when they trade or invest, they think it is easy to make money and that could not be further from the truth, if someone thinks that he can make some easy money in any market then he is free to think that way but he should not complain when he losses his money against a trader that has done everything that he can to improve himself and his strategy, and yet those are the people that later complain about the market being a scam when they are the ones that did not took any step to improve themselves and their abilities.
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Wipeout2097
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January 16, 2020, 12:25:20 PM |
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Investor is who having courage to lose,I appreciate you defined well but further i add here that being wise investor must research about the business or coins want to invest.If you are not interested in knowing about the business so never invest in that business or coin.
As a rational investor never put all money at one place must diversify the capital in different investment platforms,and dont believe in rumors just hold till get the maximum out put.
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leoqe
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January 16, 2020, 01:03:50 PM |
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Selling or buying investments ? As a bitcoin trader the hardest decision that we can ever take is , selling our beloved cryptocurrency and this is preety hard because of :-
1. Our emotions 2. Our lack of knowledge 3. Hope !
Well you all can relate to the fact that whenever we are into selling something, we take hasty decisions, generally if the price is falling and we lack patience and even if we are scared that this can go worse in the future we generally sell and then regret moments later when we see it climbing ladder. Even if the price is going great and its increasing we generally tend to regret if we sell it and the price continues to grow. This is really hard once our emotions are involved with our investments. I think that the best thing we can do is separate our emotions with our investments. We should kind of make a pact to never regret any decision that we ever made because in the words of Victoria Holt “never regret, if it was good , its wonderful and if its bad, its experience.” I think what’s important is taking into account every single detail in the market regarding our investment and at the same time emotionally detaching our minds and making stable decisions and that’s what makes a investor successful. Also someone has truly said “the investment market takes money from the hasty one and gives it to the patient one”
I absolutely agree with that. And most often the problem is precisely this. But everything is very simple. First, study good, think out a plan, calculate risks. Then act according to plan. Even if emotions appear, you still have to follow a pre-conceived plan. If in the end you made a profit - that’s good, look again at all the details of this plan and finalize it. If you lost money, then think what was the reason, then change the plan of action and start again. And it is important to understand that money can be easily lost, and this should not cause any emotions. You also need to remember about unexpected events that could not be foreseen.
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Webetcoins
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January 17, 2020, 04:54:07 PM |
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Investor is who having courage to lose,I appreciate you defined well but further i add here that being wise investor must research about the business or coins want to invest.If you are not interested in knowing about the business so never invest in that business or coin.
As a rational investor never put all money at one place must diversify the capital in different investment platforms,and dont believe in rumors just hold till get the maximum out put.
To start any business, a good command over the knowledge of that business is very important. The basic details and history makes you a good investor as it helps you in taking decisions. As a good investor you have courage to face challenges, every type of risks and waves in the business. Knowing the challenges and then facing them bravely makes you a good investor.
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HarmonyA
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January 17, 2020, 11:59:12 PM |
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Selling or buying investments ? As a bitcoin trader the hardest decision that we can ever take is , selling our beloved cryptocurrency and this is preety hard because of :-
1. Our emotions 2. Our lack of knowledge 3. Hope !
Well you all can relate to the fact that whenever we are into selling something, we take hasty decisions, generally if the price is falling and we lack patience and even if we are scared that this can go worse in the future we generally sell and then regret moments later when we see it climbing ladder. Even if the price is going great and its increasing we generally tend to regret if we sell it and the price continues to grow. This is really hard once our emotions are involved with our investments. I think that the best thing we can do is separate our emotions with our investments. We should kind of make a pact to never regret any decision that we ever made because in the words of Victoria Holt “never regret, if it was good , its wonderful and if its bad, its experience.” I think what’s important is taking into account every single detail in the market regarding our investment and at the same time emotionally detaching our minds and making stable decisions and that’s what makes a investor successful. Also someone has truly said “the investment market takes money from the hasty one and gives it to the patient one”
A good investor knows the time. Having a sound comprehension of patterns empowers the financial specialists to neglect their arrangements and choose the term of venture. Having a comprehension of current patterns and friends advertise position makes one a decent speculator. They possess their errors and learn not to make them once more.
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julius caesar
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January 18, 2020, 01:11:45 AM |
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We are good investors if we know how to control our emotions in investing and selling. The right time for investing is when the price of it is low. After that, you are going to sell it high so that you can earn profit. Also, we need to study the project that we are going to invest so that we know the possibility of earning into it.
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TitanGEL
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January 18, 2020, 02:23:15 AM |
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Investor is who having courage to lose,I appreciate you defined well but further i add here that being wise investor must research about the business or coins want to invest.If you are not interested in knowing about the business so never invest in that business or coin.
As a rational investor never put all money at one place must diversify the capital in different investment platforms,and dont believe in rumors just hold till get the maximum out put.
To start any business, a good command over the knowledge of that business is very important. The basic details and history makes you a good investor as it helps you in taking decisions. As a good investor you have courage to face challenges, every type of risks and waves in the business. Knowing the challenges and then facing them bravely makes you a good investor. A good investor do not play safe, a good investor know how to take big risks in order to have big opportunities. We need to become an intelligent investor that can help us to generate wealth. Obstacles and challenges are part of the process, if we face obstacles we need to surpass it in order for us to have improvement. We should also be open in nee ideas in order for us to have new strategies that we can use to build wealth.
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Murat
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January 18, 2020, 12:13:46 PM |
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From my experience, Making good investors we have to focus on two important facts, the first one is, We should control our emotion, we don't take any decision based on our emotion which may kill our investment because the market system may be totally different, so we have to take decision which must be based on the current market situation, second thing is that, we have to study a lot for gaining the actual fact about the market, we should focus on the future, so we have to be a good speculation about the future, that's why proper knowledge is the best thing for this purpose.
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Karmakid
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January 18, 2020, 12:26:57 PM |
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From my experience, Making good investors we have to focus on two important facts, the first one is, We should control our emotion, we don't take any decision based on our emotion which may kill our investment because the market system may be totally different, so we have to take decision which must be based on the current market situation, second thing is that, we have to study a lot for gaining the actual fact about the market, we should focus on the future, so we have to be a good speculation about the future, that's why proper knowledge is the best thing for this purpose.
I agree on the first one that you have said because it is really one of the keys toward success. Mastering on how we control our emotions is an awesome skill because you will be able to deal with the market with a calm mind. In my opinion, it would be better if you will suggest to focus on mastering the technical analysis for the second one because it is far way better than just speculating on what might happen to the future.
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criza
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January 18, 2020, 01:17:36 PM |
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We should control our emotion, we don't take any decision based on our emotion which may kill our investment
One key aspects of being a good investor is learning how to understand and analyze results and previous data to come up with a move or strategy that is importantly not based by emotions. Emotions always changes when something happened, but we must always think and avoid not to get too emotional. Active mindset and presence of mind is needed to become a good investor.
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Lecam
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January 18, 2020, 02:11:57 PM |
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We are good investors if we know how to control our emotions in investing and selling. The right time for investing is when the price of it is low. After that, you are going to sell it high so that you can earn profit. Also, we need to study the project that we are going to invest so that we know the possibility of earning into it.
Yes important to investor is to know how to control there self for being afraid if the price will goes down. Some times we need to control our emotions to get a good profit of we holding a coins. So the good investor know how to control there self when there coins sell. And they have patience to wait a good time before they sell there holdings.
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ice098
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January 18, 2020, 03:40:24 PM |
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We are good investors if we know how to control our emotions in investing and selling. The right time for investing is when the price of it is low. After that, you are going to sell it high so that you can earn profit. Also, we need to study the project that we are going to invest so that we know the possibility of earning into it.
Yes important to investor is to know how to control there self for being afraid if the price will goes down. Some times we need to control our emotions to get a good profit of we holding a coins. So the good investor know how to control there self when there coins sell. And they have patience to wait a good time before they sell there holdings. As a good investor all you have to do is to be positive. Keep in mind that as a trader and investor, since bitcoin is volatile we should accept the fact that its price is not stable. It goes up but most of the time it goes down. That is business. Always remember that the success of a business depends upon the season if its in demand or not.
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btccashacc
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January 18, 2020, 04:30:14 PM |
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As an investor, the way you manage the emotions is the most important. Many people suffer losses because they cannot control their emotions, they made a terrible decision over their investment when they were in such bad conditions like anger, greedy, etc. We may not be able to keep our mind always in a good mood, but for example, we can play some fun games or do yoga when we are angry or disappointed seeing the price goes down, once you can control your emotion it'll make you a good investor.
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supercanada1
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January 18, 2020, 05:38:14 PM |
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We are good investors if we know how to control our emotions in investing and selling. The right time for investing is when the price of it is low. After that, you are going to sell it high so that you can earn profit. Also, we need to study the project that we are going to invest so that we know the possibility of earning into it.
Yes important to investor is to know how to control there self for being afraid if the price will goes down. Some times we need to control our emotions to get a good profit of we holding a coins. So the good investor know how to control there self when there coins sell. And they have patience to wait a good time before they sell there holdings. I would like to add a little in your point. Beside the control of emotions, realistic expectations also play a very important role in the life of investor. Set your targets and goals that are more close to reality. Realistic expectations will never lead you to disappointment. Never stop learning as it brings improvement. Lifelong learning, a constant review of updates and news related to your trade also makes you good investor.
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LUCKMCFLY
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January 19, 2020, 04:55:20 PM |
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The main advantage or condition that an investor must have is patience, in Crypto it is very easy to obtain the safest cryptocurrency, it is Bitcoin, it is the safest, and you will surely get a new ATH, otherwise in the Stock Market That more study should be done to choose the best action to invest. In Crypto there are many investors who can go through Altcoins, but it is considered to have a greater degree of risk, in Bitcoin there is risk, but it is much safer to do so, since it is the best option, what remains is to review your movements, it is say follow up, then wait as long as necessary until you reach your uptrend and your new ATH and sell at the Distribution stage to make a profit.
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