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Author Topic: What is the best advice you ever heard in case of investments and all  (Read 1456 times)
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October 03, 2019, 01:30:30 PM
 #121

'do your own research'

It actually gave me more confidence in trading and learning about cryptocurrencies. And not to follow some random guys on Twitter or signal providers and stuff.
Yes. Make your own analysis and research on your own. Do not be dependent with other people's suggestions because their suggestions might only work for them but not for other people. And invest only what you can afford to lose. Crypto investment is very profitable especially if you have special strategies applied on it but we should not invest our whole savings in it because there is still no guarantee that we can reap good profits all the time. Losses is also inevitable in any types of investment.
Not relying on others' suggestions is very accurate advice because not all have the talent and generosity to share their path of making money with others, this world has also taught us that success needs to pay, cannot be free. However, that does not mean that we will ignore those proposals, those suggestions are always references, even opportunities, we need to apply our knowledge to know what is an opportunity and what is a trap, and finally, a sincere advice from the people ahead, don't play with all your money when investing can make things evaporate
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October 03, 2019, 05:00:33 PM
 #122

'do your own research'

It actually gave me more confidence in trading and learning about cryptocurrencies. And not to follow some random guys on Twitter or signal providers and stuff.
Yes. Make your own analysis and research on your own. Do not be dependent with other people's suggestions because their suggestions might only work for them but not for other people. And invest only what you can afford to lose. Crypto investment is very profitable especially if you have special strategies applied on it but we should not invest our whole savings in it because there is still no guarantee that we can reap good profits all the time. Losses is also inevitable in any types of investment.
It is a very well said statement, that is, make your own research and don't rely on other's work. And also the best advice I ever heard in case of investments is patience, this is involved your emotion that you should control first. This is a very important thing when it comes to investments and all because if you are not patient enough you might lose almost everything that you invest just because of panic selling. Especially when it comes to cryptocurrency that the value is volatile.

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October 03, 2019, 06:01:39 PM
 #123

"Fear when everyone is appetite, be appetite when everyone is frightened. So sell a coin when everyone buys, buy when everyone sells" this is perhaps the best advice I've ever heard in the crypto currency market. Because in general, reality is exactly the opposite of what everyone expects in the market. For example, if everyone expects a rise for bitcoin, a decline comes. Bitcoin rises if everyone is waiting for the decline. This has been the case for years. Constant

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October 04, 2019, 11:24:20 AM
 #124

The best advise in the world is: Buy low and sell high!

But, to get a ruge profit, you should have a lot of psicology control and a long term plan, to wait a long time to take the PROFIT! The big one! =D
  Such as now a day price is down so we can invest our money. After few years of price of bitcoin will be affordable. This is really nice to see people now have idea how to invest and where to invest actually. When the price falls instead of being worry and selling panic Better keep holding. Those who shows patience gets profit
This forms part of the advice that I have followed in the cryptocurrency investment, my mentor has always told me never to panic sell and provided that I don’t panic sell, there is absolutely no way that I can give own lot to the whales to take, so I have learnt to even play along the whales.

The people that causes panic sell the most are those that are trying to buy at a cheaper rate and then sell at a higher rate, so that is basically the only way that they get to make profit, and if we don’t listen to them, we can never lose our investment. My mentor always once advised me too that I should try as much as possible to always study the price action of the whales that if I can know when they will drop the market and when they will make it, then I am made.

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October 04, 2019, 01:15:58 PM
 #125

The best advice that I always receive and probably the most popular among them all is only invest what you can afford to lose, every investors in a highly volatile market should follow this advice or else they will lose every thing, even if the market looks safe and experts are sating that it's safe and ok to invest always follow this advice and you will not go astray.

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October 04, 2019, 01:30:15 PM
 #126

to me, it's a saying "never expect financial markets, be realistic"
Newbies often invest unreally and tend to be consistent with their portfolio even if their value drops by more than 20% or 60%.
I have been and my mentor appeared at the right time and taught me this knowledge. It helped me a lot.

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October 04, 2019, 02:00:39 PM
 #127

The advice i’ve ever heard and learned as a lesson when it comes to cryptocurrency investment is to invest an amount I can afford to lose because no one can give a 100% assurance for the success of any project in crypto. Also, another good advice is to learn how to exercise patience in crypto investment because some of the potential and promising projects take time to pass through series of developmental stages before becoming successful on the market hence only the patient investor earns the best from syi projects.
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October 04, 2019, 10:20:39 PM
 #128

'do your own research'

It actually gave me more confidence in trading and learning about cryptocurrencies. And not to follow some random guys on Twitter or signal providers and stuff.
This is probably the most important piece of advice that I ever received, when you begin your journey to try to become a trader you will see that there are thousands of books and each one describes their method as being the best way to make profits in the markets, so how do you know which one is going to make money in the markets? The only way is to understand why a method works and to do that you need to test every single aspect of the methods that you find by yourself and see if they work.
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October 05, 2019, 02:53:13 AM
 #129

While investing is really important, never invest in anything you don't study and understand. Do research before investing, we must not just invest because our friends say so, we should do research to not regret or point fault to someone if things not work the way they said it should be. It's our Money at risk so it's us who should do the necessary study.

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October 05, 2019, 04:13:51 AM
 #130

While investing is really important, never invest in anything you don't study and understand. Do research before investing, we must not just invest because our friends say so, we should do research to not regret or point fault to someone if things not work the way they said it should be. It's our Money at risk so it's us who should do the necessary study.
Research first all the info about the coin you want to buy, you need also to know their roadmap, in the roadmap you will know their plan for the next month or year, in that case you will have the idea what will happen next. Also you need to know the team background as well. It is not enough to know that their team is having this degree or what. You need to know if the team has the knowledge in market that will help them know what will they do when crisis come.

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October 05, 2019, 10:00:00 PM
 #131

The best advice I ever heard in investment is: "you have no profit until  you cashout", and "Do not be emotional about market trends". These advice has helped me to trade with caution and never let greed set in. And as I grow in investment, I learn more from experience.
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October 05, 2019, 11:53:12 PM
 #132

I would argue its impossible to cover all parts of the market, just know your own section and stick to the strengths and weaknesses before you.   If somebody is an expert on the actual protocol development but has no idea on the market progression and interaction that leads to price variation I'd say thats fine and they might do better for just sticking with what they believe in.
   The majority of advice here is in relation to speculation and observing the market swings, thats useful because you can speculate in just about anything and I dont even have to know that blockchains particular strengths as I just observe the reaction and strength to the crowd buying into that crypto currency either vs BTC or vs Dollar.   I try to respect specialists and even those outside crypto because we are in competition to FIAT and so variations there alter the usage and expansion or contraction in monetary flows into crypto.   So a useful skill is to be able to skim every subject, news and source and appraise honest opinion over hype that is fairly baseless.

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October 06, 2019, 02:00:13 AM
 #133

"trust the process" - you will never understand the cryptocurrency market in just 1 day, it will take you months or even years just to understand it. It requires a lot of efforts and skill for you to achieve your goals.
Everyone must take a step ,one step at a time. Yes learning everything in crypto can be happen not only for just 1 day, it takes weeks or months. Patience,  you need more of that in trading,  market is unstable and difficult to predict. You need to take a risk also, invest what you can afford to lose because you will not always win.

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October 06, 2019, 03:59:20 AM
 #134

indeed advice is always needed so that we are not lulled by lust, sometimes it comes on its own without us needing it
some cases we have to be patient when facing failure and make it an experience
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October 06, 2019, 05:52:59 AM
 #135

indeed advice is always needed so that we are not lulled by lust, sometimes it comes on its own without us needing it
some cases we have to be patient when facing failure and make it an experience
The line that I like the most is to be patient when facing failure, that is true. Well the best advice I've ever heard in case of investment and all is that don't do panic selling especially when the value of bitcoin drop down, You don't need to panic since the value of it is volatile so it may rise or fall from time to time so in order not to lose money and earn big profit instead, All you need to do is to wait patiently for it price to increase again before you sell it.

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October 06, 2019, 08:03:43 AM
 #136

indeed advice is always needed so that we are not lulled by lust, sometimes it comes on its own without us needing it
some cases we have to be patient when facing failure and make it an experience
The line that I like the most is to be patient when facing failure, that is true. Well the best advice I've ever heard in case of investment and all is that don't do panic selling especially when the value of bitcoin drop down, You don't need to panic since the value of it is volatile so it may rise or fall from time to time so in order not to lose money and earn big profit instead, All you need to do is to wait patiently for it price to increase again before you sell it.
If you are in the game of cryptocurrency for long term then patience is your best friend and like you said, we should not fall into panic selling when the market is falling down because it is just for temporary but if you are into short term then you should look for the possible mistakes that you have done and fix those wrong entries in the market so you will become better in your next entries.

 
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October 07, 2019, 01:48:57 AM
 #137

I give you some trick or advice before starting your money with bitcoin or altcoin investment, you have buy top altcoin on market cap and never buy with shit coin, looking which one top market cap coin to buy and left for shit coin because when price down never have chance get back to the top price.
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October 07, 2019, 02:11:35 AM
 #138

"Never put all your eggs in one basket"
Applying it in crypto investment will help you to understand that investing in different kinds of cryptocurrency will help you to lessen the risk, by avoiding to lose half of them at any moment.

I give you some trick or advice before starting your money with bitcoin or altcoin investment, you have buy top altcoin on market cap and never buy with shit coin, looking which one top market cap coin to buy and left for shit coin because when price down never have chance get back to the top price.
Choosing the popular altcoins in the market for investing to assure the growth of your investment for the long term is also good. Tho there is no guarantee of how long it will take but it would be better than risking your investment in some shitcoins.
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October 07, 2019, 03:28:33 AM
 #139

"trust the process" - you will never understand the cryptocurrency market in just 1 day, it will take you months or even years just to understand it. It requires a lot of efforts and skill for you to achieve your goals.
This is where patience counts. This is one of the strongest advice every investor could get when doing cryptocurrency investment because things do not happen within a single day. Projects go through series of developments before reaching its full potentials hence only the patient investor enjoys the fruits such good projects.

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October 07, 2019, 04:40:51 AM
 #140

"trust the process" - you will never understand the cryptocurrency market in just 1 day, it will take you months or even years just to understand it. It requires a lot of efforts and skill for you to achieve your goals.
This is where patience counts. This is one of the strongest advice every investor could get when doing cryptocurrency investment because things do not happen within a single day. Projects go through series of developments before reaching its full potentials hence only the patient investor enjoys the fruits such good projects.
Patience is the top requirement when you enter investment. Without being patient an investor will continuously make a mistake.
Being patient will control your emotional and physical activities by not getting anger, anxious and annoyed in the market status of your investment. Controlling it is not easy, eagerness is always there, but once an investor passed it he will surely be having a great profit in the end.


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