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Author Topic: What is the best advice you ever heard in case of investments and all  (Read 1456 times)
Thanasis
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October 07, 2019, 07:22:47 AM
 #141

Money management,compound investment and tax avoidance are the most important factor for the investor to be successful investor from any kind of investment and the witness is some of the investors who being them now from the scratches.We have to start investing as soon as possible to make more money and the investment should be longer.

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October 07, 2019, 11:07:13 AM
 #142

Taught me patience.
The best advice for any investor is to have the patience irrespective of the market situation, have a through plan and study the market situation on how the market functions every quarter and then identify the global financial trends too while investing in any financial market, if you could spend the time in research and have a clear idea on when to invest and when to book the profit, you will not worry if you see a temporary correction.
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October 07, 2019, 12:49:39 PM
 #143

"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.

hehe, doubt that it is possible to understand it even after years of experience! because you can't understand actions of that people who control it. I mean real gray persons who are behind it and control it.
sure for some coins you could see the patterns and they act as they should, but in real important moments it could go opposite directions despite patterns.. because... gray persons in shadow  Cool
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October 07, 2019, 01:28:11 PM
 #144

"Never count the chicks when it's still eggs" this is what I always reminding to myself. Whenever I have an investment and if I know that it's doing great, I will estimate the amount of profits that I could get in a certain amount of time, which is why I always expect something good, and it is the reason why I feel so disappointed if things will not turn out well, and I stopped that kind of mannerism that I have.

Instead of getting too much excited, I wait patiently for the outcome, I'm not expecting anything good or bad, and it helps me a lot mentally.
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October 07, 2019, 03:47:14 PM
 #145

"Never count the chicks when it's still eggs" this is what I always reminding to myself. Whenever I have an investment and if I know that it's doing great, I will estimate the amount of profits that I could get in a certain amount of time, which is why I always expect something good, and it is the reason why I feel so disappointed if things will not turn out well, and I stopped that kind of mannerism that I have.

Instead of getting too much excited, I wait patiently for the outcome, I'm not expecting anything good or bad, and it helps me a lot mentally.

Yes. Too much expectation will kill you in the end. As for me, the best advice i got is never put all your eggs in one basket. Investment has always its risks along so we should learn to be more practical in putting our money in any kind of investment. I never put all my money in just a single investment because i know that it might fail in the end. I prefer to have a multiple investment so that if one will not work out, the other one might be making profits already.

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October 07, 2019, 05:50:24 PM
 #146

"Never count the chicks when it's still eggs" this is what I always reminding to myself. Whenever I have an investment and if I know that it's doing great, I will estimate the amount of profits that I could get in a certain amount of time, which is why I always expect something good, and it is the reason why I feel so disappointed if things will not turn out well, and I stopped that kind of mannerism that I have.

Instead of getting too much excited, I wait patiently for the outcome, I'm not expecting anything good or bad, and it helps me a lot mentally.

Patience is the ultimate skill to become a successful investor. That means you are going to hold coins through dips and whenever there is a good rise, you will or may try to sell them. Excitement and emotions can mislead our judgments so it is better to not let them interfere. With this fact in mind that crypto coins, especially bitcoin is going to skyrocket soon and holds bright future, one must not hurry in making decisions. 
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October 09, 2019, 01:01:39 PM
 #147

so far i have joined and invested in cryptocurrency never felt failed. I was motivated by a friend of mine "it's never too late when we can do it and all that requires a process, before you do it you should find a way to solve it". So before I dive in and invest in cryto assets, I first look for loopholes to buy and sell if I feel a profit. I've also heard the best advice from someone that is trading is a profitable job, I got excited about investing and trading crypto assets.

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October 10, 2019, 12:02:10 AM
 #148

so far i have joined and invested in cryptocurrency never felt failed. I was motivated by a friend of mine "it's never too late when we can do it and all that requires a process, before you do it you should find a way to solve it". So before I dive in and invest in cryto assets, I first look for loopholes to buy and sell if I feel a profit. I've also heard the best advice from someone that is trading is a profitable job, I got excited about investing and trading crypto assets.
What loopholes you are talking about? Is there any black market to buy bitcoin for cheaper? Cheesy

Trading can be a job but its highly risky so ensure that you have got some form of passive investment to generate revenue other than trading crypto assets.
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October 10, 2019, 04:20:01 AM
 #149

Instead of getting too much excited, I wait patiently for the outcome, I'm not expecting anything good or bad, and it helps me a lot mentally.
Well, in this kind of community and economy where nothing is really certain, patience is really the key combined with enough knowledge. One cannot just allow their excitement or negative thoughts take over their judgement for this might cause them to lose it all instead of gain more.

Waiting for the right moment to do things in the crypto world can play a great factor to be successful. And not expecting too much can help you avoid frustrations if things don't happen the way you want them to be.

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October 10, 2019, 04:21:51 AM
 #150

The best advice every crypto user and investor can cannot afford to miss out is exercising patience and the necessity to perform a personal research on projects the investor intends to join. This helps reduce the risk of running at losses to unsuccessful and scam projects.
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October 10, 2019, 06:43:58 AM
 #151

Quote
'Never invest more than you are willing to lose'

yes i agree with this suggestion. invest as much as you can afford to lose. because if we spend our money to invest in crypto when it fails then we will be stressed. because investment is not as easy as it appears. we must have good instincts, always do research before buying coins. and be able to control emotionally that is fear and greed. we should not panic and be afraid of excessive when our coins go down and not greedy when coins rise. it's better to sell coins if you have enough profit. and then buy again. do not be greedy.

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October 10, 2019, 04:23:36 PM
 #152

It is important to invest in yourself first, trust yourself and believe that you can be a good investment since it all starts with investing in your abilities. The other thing that is imperative is doing your research extensively to make sure that you invest in a business that you fully comprehend. The best way to get better returns on investment is to buy assets and forget about it.
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October 10, 2019, 11:59:03 PM
 #153

Those random people of the forum that tells to buy bitcoin and hold it never got wrong. I'm happy that I've followed those people whoever they were during those early days of mine not only here in the forum but in other crypto communities too.

Also the very known quote from Warren Buffet about eggs and baskets.

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October 11, 2019, 03:08:37 AM
 #154

Best advice I heard with investment in bitcoin and altcoin is control your profit, many people can't manage with their profit after altcoin or bitcoin investment raise to higher price, they want to get much profit with keep holding until price down, I only take little profit for every altcoin invested because I think too risk if keep holding an altcoin investment when price down.

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October 11, 2019, 03:21:57 AM
 #155

Those random people of the forum that tells to buy bitcoin and hold it never got wrong. I'm happy that I've followed those people whoever they were during those early days of mine not only here in the forum but in other crypto communities too.

Also the very known quote from Warren Buffet about eggs and baskets.
It will never go wrong, investing takes a lot of time, holding it until you are satisfied with the price you met is something that will give you fortune. Investing is not only after you make a profit you should sell it immediately, investing is about how you can continue to earn from your invested money.

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October 11, 2019, 04:00:04 AM
 #156

Best advise I've ever come across in crypto is the necessity to perform a thorough research on a project before joining its investment. Since not all cryptocurrency projects can be trusted or not all can survive, it is good to research and identify the authenticity and capabilities of the project before investing in them.
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October 11, 2019, 06:05:19 AM
 #157

Those random people of the forum that tells to buy bitcoin and hold it never got wrong. I'm happy that I've followed those people whoever they were during those early days of mine not only here in the forum but in other crypto communities too.

Also the very known quote from Warren Buffet about eggs and baskets.
It will never go wrong, investing takes a lot of time, holding it until you are satisfied with the price you met is something that will give you fortune.
And that really satisfied me, I forgot their names but everyone contributed to that suggestion. Now, we're passing this to the newbies and whomever will listen and believe to that suggestion will reap it in the future.

Investing is not only after you make a profit you should sell it immediately, investing is about how you can continue to earn from your invested money.
I don't get what you mean by this. Investment is profiting from the money you've earned and selling is part of it if you're into stocks or cryptocurrencies.

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Murat
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October 11, 2019, 08:06:58 AM
 #158

Honestly speaking, I never got any suggestions and idea in terms of investment and trading within the cryptocurrency platform, I think google would be your best possible advisor regarding this issue, it's a huge time I have passed within this platform so I have seen a lot, I think only patient and strong goal would bring a good result in investing in here, But I give suggestion a lot of people for investment and trading, I always say the long term investment would be the best possible ways of getting profit without any hassle if you have enough idol money, I think holding Bitcoin is the best way to make money from this platform, in comparison to other cryptocurrency or new ICO investment, I think Bitcoin is the best coin in order to invest.

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October 11, 2019, 12:46:09 PM
 #159

i always remember the advice do from the heart, because it removes big and selfish ambitions
so far I have never felt a sense of prolonged disappointment, we still have a chance to change it for the better in the future

"Don't believe the rumors, seeing is believing" you won't know a single thing if you will not see it for yourself, it is easy for everyone to discourage everyone because that reflects of they really are, therefore if we follow them we will lose the chance of making a great investment and the worst is we may lose ourselves in the process. In your life, you don't want those people who see negative in everything

Instead we want to surround ourselves with people who are optimistic in all the aspects we have in life, that way we will attract only positive things and will remain persistent on chasing our dreams.
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October 11, 2019, 01:58:07 PM
 #160

Hey
Well let's start , everyone please feel free to share the best advice they think is what made them what they are today in terms of investments .
I think learning about managing your money can never be easy , but maybe we can make this a thread worth reading by the new investors and even the old ones ..never hurts to redefine your strategy.

As for me it was
*You never loose until you cash out*
Taught me patience.
There are many good advices which you can take from others and implement it in your trading which can be helpful.It can be different for all people like for me the best advice is never loose hope and invest which you afford to loose or don't be greedy in highly risky market. So you can have motivation in any form and be satisfied.
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