Jatawneh (OP)
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 281
Merit: 18
Arabs Bitcoin CEO
|
- Panic Buy/Panic sell.
In both cases, you will lose your money - Ignore Capital management.
If you ignore Capital management you will be gambler not trader
- Following a signal Without risk assessment or stop loss.
You will be like Jumping into the ocean without a lifeline jacket at, before do anything, look at your risk and reward and what your stop level is. by this way you can set Your Own risk and know what you do.
|
|
|
|
tk808
Legendary
Offline
Activity: 1512
Merit: 1124
Invest in your knowledge
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 22, 2019, 08:33:25 PM |
|
- Panic Buy/Panic sell.
In both cases, you will lose your money - Ignore Capital management.
If you ignore Capital management you will be gambler not trader
- Following a signal Without risk assessment or stop loss.
You will be like Jumping into the ocean without a lifeline jacket at, before do anything, look at your risk and reward and what your stop level is. by this way you can set Your Own risk and know what you do.
Excellent summary, i endorse what's stated here. Always act with careful planning, caution and risk-management.
|
|
|
|
mu_enrico
Copper Member
Legendary
Offline
Activity: 2436
Merit: 2206
Slots Enthusiast & Expert
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2019, 04:24:02 AM |
|
1. Thinking that getting rich is easy. 2. Not doing your own research. 3. Trusting random dudes from Youtube/Twitter/Telegram Group.
By the way, cryptocurrency isn't all about exchanges/trading.
|
| │ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███▀▀▀█████████████████ ███▄▄▄█████████████████ ███████████████████████ ███████████████████████ ███████████████████████ █████████████████████ ███████████████████ ███████████████ ████████████████████████ | ███████████████████████████ ███████████████████████████ ███████████████████████████ █████████▀▀██▀██▀▀█████████ █████████████▄█████████████ ████████▄█████████▄████████ █████████████▄█████████████ █████████████▄█▄███████████ ██████████▀▀█████████████ ██████████▀█▀██████████ ▀███████████████████▀ ▀███████████████▀ █████████████████████████ | | | O F F I C I A L P A R T N E R S ▬▬▬▬▬▬▬▬▬▬ ASTON VILLA FC BURNLEY FC | | | BK8? | | | . ..PLAY NOW.. |
|
|
|
Jatawneh (OP)
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 281
Merit: 18
Arabs Bitcoin CEO
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2019, 04:53:34 AM |
|
By the way, cryptocurrency isn't all about exchanges/trading.
cryptocurrency is the technology of the blockchain which i hope will be use in every aspect of our life in the near future, when i look at cryptocurrency i look at it as a payment means that i hope to use in my real life.
|
|
|
|
Anonylz
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2019, 05:09:26 AM |
|
I think the most important to an investor(s) among the above mentioned will be point 1&2, Especially Don't panic buy/sell, most inexperience investors often make this mistake which they ended up regretting, worst thing that could happen to you is panic sell your token because price is dumping, or jump into a project when the price is pumping, invitation to get rekt, And only invest what you can afford to loss, don't put your life savings on what you have no clear knowledge about.
|
| . SECONDLIVE | | | │ | | | | | | │ | | | | ▄▄███████▄▄▄ ▄▄████████████████▄▄ ██████████████████████▄ ████████▀▀▀██████████████ ███████▌ ▀█████████████ ████████▀ ▀▀▄▄██▀▀▀██████████ ███████ ▀████████ ███████▄ ████████ ████████▄▄ ▄████████ ███████████▄▄▄▄██████████ ▀█████████████████████▀ ▀████████████████▀▀ ██████████████████████ |
|
|
|
waynechong1995
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 644
Merit: 117
swing!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2019, 06:00:33 AM |
|
Experienced all these points every time and was trying to get better at it.
Panic buy/Panic sell - FOMO and FUD is really cancer and i would say maybe 50% of the occurrence your actions would be against your expectation, it basically weakens your rational thinking over a certain position
Capital Management - Manys were bagging and lost track over their funds, some loser had degenerated until a certain point to savage their coldstored shitcoin only rare green days
I would say always pause and think after inputting new info, process it what you have (technical, reason, login) and only decide what to do. Luck wouldn't get your far i believe in long term
|
|
|
|
aioc
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2019, 06:03:22 AM |
|
- Panic Buy/Panic sell.
In both cases, you will lose your money - Ignore Capital management.
If you ignore Capital management you will be gambler not trader
- Following a signal Without risk assessment or stop loss.
You will be like Jumping into the ocean without a lifeline jacket at, before do anything, look at your risk and reward and what your stop level is. by this way you can set Your Own risk and know what you do.
- Panic Buy/Panic sell. Usually happens if you did not invest what you can afford to lose, people choose to be part of the domino effect when they see a good project being manipulated by whales to dump it, I saw a huge dump on CCN and unfortunately for me I follow that and now the price went up 4 times, this happens if you are very eager not to lose.
|
|
|
|
Shatterlean22
Jr. Member
Offline
Activity: 350
Merit: 4
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2019, 06:05:59 AM |
|
Getting rich in crypto is not easy and don't rely on whatever you get ,be willing to hunt for more because there is no certainty on any token or coin ,rely on your judgment and don't stop learning
|
storichain.io ❂ Storichain Official Bounty Campaign • ● START: 25 JUNE 2019 ● • (https://storichain.io)
|
|
|
herfie.chen
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 672
Merit: 10
simply getting the job done
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2019, 06:08:26 AM |
|
Panic Buy/Panic sell that's several times happened to me and maybe many people in crypto. And that is a good lesson so we are more patient.
|
|
|
|
ccsang
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2019, 06:34:53 AM |
|
Panic Buy/Panic sell that's several times happened to me and maybe many people in crypto. And that is a good lesson so we are more patient.
Why you let this happen several time? You should avoid panic buy and panic sell because it'll cause you lose all of your funds. Look the current bitcoin price, why price suddenly rapid grow? I think people follow the pump and panic buy, believe that price will grow more, but my past experience is don't follow the uptrend because price will dump later.
|
|
|
|
michellee
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2019, 06:43:24 AM |
|
Panic buy and sell the worst thing that we should avoid. That will make us cannot see a chance to solve the problem, and we could get losses from trading because we buy the coin at a high price. But if you can stay calm in many situations, you don't have to worry, and you can continue to analyze the market so you can see what is happening with the market. After that, you can determine what you need to do, and if you want to buy, I am sure you can get the right price to buy.
|
|
|
|
Casdinyard
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2019, 08:21:23 AM |
|
Panic Buy/Panic sell that's several times happened to me and maybe many people in crypto. And that is a good lesson so we are more patient.
Why you let this happen several time? You should avoid panic buy and panic sell because it'll cause you lose all of your funds. Look the current bitcoin price, why price suddenly rapid grow? I think people follow the pump and panic buy, believe that price will grow more, but my past experience is don't follow the uptrend because price will dump later. Certainly, a lot of FOMOs are everywhere trying to ride the train even they knew the risk of hopping in. Although we can't say they're late but it definitely better if they buy few months ago. How ironic how people think about bitcoin or perhaps they aren't those believers. Just to add to the list, though it's already cliche but we shouldn't be putting all the eggs in one basket.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
thd26bct
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 300
Merit: 93
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2019, 09:31:18 AM |
|
To simplify the biggest mistakes in crypto investment, I would say: - People don't want to get easy money. They want to play hard, lose hard, before they can get hard profits. - People don't want to get profits from their inactively tradings/ investments. They want to do as many trading orders, investment decisions (in and out), and play hard with margin orders as possible to get profits. In reality, they get losses, rather than profits. - People don't want to have a happy, non-pressure lives. They want to have huge pressure with their orders/ investments (by using margins and get stucked or liquidated, for example).
|
|
|
|
CryptoLogo
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 656
Merit: 251
www.fintropy.io
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2019, 07:47:49 PM |
|
Newbies make many different mistakes. However, we need to use knowledge of these mistakes to our advantage, because many people make these mistakes. You should have heard something about the FOMO effect.
|
|
|
|
IParn
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2019, 07:51:16 PM |
|
I generally think that mistakes should be made because that way you will learn from them the wine if you are told how to do it and you will not learn anything.
|
|
|
|
vycl87
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2019, 08:17:31 PM |
|
Panic Buy/Panic sell. In both cases, you will lose your money
I think this is the most important thing for investment. It's not easy to implement. I recently invested some money by buying Verasity. And the price showed a decline. But I'm sure we'il have to wait until one day it will rise. But as you said, panic trading is inherent in this market.
|
|
|
|
abs350
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2019, 08:27:07 PM |
|
It seems to me that you want to enter the market is best to have a mentor. Because I myself am very difficult to make the right choice. Errors need to be done only with the mind.
|
|
|
|
pixie85
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2019, 08:58:36 PM |
|
I generally think that mistakes should be made because that way you will learn from them the wine if you are told how to do it and you will not learn anything.
It's always better to learn on other people's mistakes instead of your own. Your attitude is normal for people who made mistakes and are looking to comfort themselves. Don't cry over spilt milk and spend some time reading and learning so that you won't make more. The most common mistake new traders make is getting overexcited and rushing in both to buying and selling.
|
|
|
|
Perfect35
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 854
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2019, 09:47:01 PM |
|
I generally think that mistakes should be made because that way you will learn from them the wine if you are told how to do it and you will not learn anything.
Waiting to make mistakes before you learn might be the worse thing you could ever imagine. There are some mistakes that can be very detrimental. Whatever you lose through such mistake might never be regained again. There are certain things you can learn before going into a thing, instead of you waiting to make mistakes first.
|
|
|
|
94K
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 350
Merit: 10
HiveNet - Distributed Cloud Computing
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2019, 10:00:12 PM |
|
Mistakes are made but that shouldn't cause you to stay down. You need to learn from your mistakes. One mistake I need you to avoid is panic buy and sell. This can cause you to lose your money.
|
|
|
|
|