What is the best advice you ever heard in case of investments and all

[Bitcoin Seller]

"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.

The best recommendation I have ever heard is the following one - evaluate cryptocurrencies based on their market capitalization, not the exchange rate that allows only a comparison of the profitability of the cryptocurrency at various time intervals. To independently calculate the capitalization of a token, it is enough to multiply the number of cryptocurrencies in circulation by the current rate. When making a decision on investing, it makes no sense to evaluate the current rate. Close attention should be paid to its real value.

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[iv4n]

"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.

The best recommendation I have ever heard is the following one - evaluate cryptocurrencies based on their market capitalization, not the exchange rate that allows only a comparison of the profitability of the cryptocurrency at various time intervals. To independently calculate the capitalization of a token, it is enough to multiply the number of cryptocurrencies in circulation by the current rate. When making a decision on investing, it makes no sense to evaluate the current rate. Close attention should be paid to its real value.

You can`t trust the coins based on their market capitalization! We have seen some warnings about market capitalization manipulations, you can find topics about that here on forum. You can inform yourself about that on other places too. Bottom line is market capitalization is just one factor, when you make a decision who to trust you need to consider more factors. For me the most important part is community, everything starts with people! If an idea attract people, and people support it can be successful in the future. Community needs devoted supporters, smart supporters who will work on developing and spreading the word.

[Colt81]

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.

The best advice that i get about investment is not put all of your money all at once because getting yourself empty handed is risky that you cannot be able to buy your necessities if all of your investment have lost, that is why you should only use maximum of 20% of your money to lower the risk of your losses.

[Ashong Salonga]

Well for me the best advice i ever heard is when my parents tell me that  dont be too greedy on investment and i really appreciate there advice because there are right, they tell to me that when the price of my cryptos is pumping very high sell it and dont wait to dump it again.

[nasipadang]

Advice from someone I admire in business and investing in my country "in investing, small things are very important, and we must look forward to knowing where the best investments are, don't give up" and "some quotes from great people "the best investment is investing in yourself the more you learn the more you'll earn", these words motivate me when I invest and if I fail.

[inanilujimi]

the best investment advice from me in the crypto world is to buy ieo at binance and when it's been traded don't hold it for too long, if it's getting good profits don't be too greedy.

[lienfaye]

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.

Indeed and never enter in any kind of investment without knowledge about it. Educate yourself first, take time studying the nature of the investment you want to invest in.

Dont rush things because there's a perfect time for everything.

[bitzizzix]

Invest my way, take advantage of the market when it goes down and analyze the right coins to invest and find good information about the coins you choose.
and besides, don't do all your money or your income to invest and you have to invest the remaining money that you have budgeted for your needs and do it in stages to make investments and choose long-term investments to get big profits even though you have a long wait and patient.

[Astvile]

The best advice I received from my trading mentor is, "Don't risk what you can't afford to lose" "You can profit if you want to so always think of profiting and winning on most trades you do" these are the lines the I will always treasure and be mindful of in each of trades im doing and will do in my future trades.

[panganib999]

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.

Exploring here at bitcoin talk and reading articles and blogs at reddit, I've got an advice which says "Avoid losing more than you can afford", I found it really motivating and enlightening because I have been investing assets as if I'm throwing away cryptos because I am doing it impulsively and it made me wise after my big loss due to my incompetent mindset and acting at every spur of the moment. I've learned not to get swayed by my emotions and let it dictate what I should do because it causes me to lose more than I can afford.

[Oilacris]

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.

Exploring here at bitcoin talk and reading articles and blogs at reddit, I've got an advice which says "Avoid losing more than you can afford", I found it really motivating and enlightening because I have been investing assets as if I'm throwing away cryptos because I am doing it impulsively and it made me wise after my big loss due to my incompetent mindset and acting at every spur of the moment. I've learned not to get swayed by my emotions and let it dictate what I should do because it causes me to lose more than I can afford.

Ive also experience that kind of impulsive investing where it did come to the point where i do already make some gambling acts.Failures are success if you do learn from it.

These are the lines which do motivates me but it isn't really necessary for you to commit mistakes for you to learn because you would able to know things if you are sensible enough when it comes to possible outcomes that you do foreseen ahead if you do such actions.

[lionheart78]

So far the best advice I ever came across is from Warren Buffet

Invest in what you know.
Learn the basics of value investing.
Identify cheap stocks.
Find businesses that will stand the test of time.
Invest in good management.
Be aggressive during tough times.
Keep a long-term mind-set.

These are the keys to being a successful businessman, entrepreneur, investors and covers every aspect of being a victor over stuff.  Most traders fail because they invested on the stuff that they don't have any knowledge.

[cotton ball]

I heard best advice for investing is buying when got bad news with altcoin or bitcoin and selling your assets after got good news, its very good way how to be investor with bitcoin and altcoin, you can get profit if you done with selling when bitcoin have good respond and selling when bitcoin become bad or negative side with hacked or other cases, you can try what have I said and you will see how much profit you can earn with bitcoin investment.

[DevilSlayer]

Investments are good but we should be careful when we are making investment. There is a misconception about investing because people though that investing can easily make them rich. There are research saying that there are many people who experience huge loss because they do not know the investment that they did.

[dimox]

"Risk comes from not knowing what you are doing"
its like basic of investation. if you want to invest, just make sure that you have all of knowledge about investation.
when someone lose some fund, or got scam, they just dont know about the basic rule, and need to learn more. but they will get experience and will be stronger than before.
"Never test the depth of river with both the feet"

[Genemind]

Investing in crypto has been really challenging for me when I was beginning with it. My emotion was hit like a roller coaster ride. Until my partner told me that cryptocurrency isn't a shortcut to getting rich, you have to invest a lot of patience. From then on, I have learned to wait until the market situation got better. Every investment has a risk that we might be afraid of but we only have to trust crypto and have patience.

[desticy]

One of the best tips that I heard sounded as follows:

"In order to invest you need and have free capital, in order to have free capital you need an occupation that will bring income that suits you, in order to have such an occupation you must be able to do something, learn and you pay back. "

I think this approach is very true.

[barabarian1]

*You never loose until you cash out*

I never subscribed to that one myself, but I hear it a lot around these parts.

"Buy low, sell high" is the gold standard of investment advice--it sounds ridiculously obvious, but many traders/investors don't have the balls to buy something when the price is low.  You've seen all the people jumping on the bandwagon once bitcoin starts to shoot up, and they end up buying it at the top.  Why do you think Warren Buffett made all the money he did?  He's smart enough to recognize when stocks are on sale, and it's the same thing with crypto.

Other good advice I've heard is not to take tips from people.  Another is to try to control the emotions of fear and greed when trading.  I'm not really an active trader, but that advice makes a ton of sense to me.

yes i agree with you. in investing crypto we must choose the right time to buy and sell. buy at a low and sell at a high. and then control your feelings don't be greedy and don't be afraid. for example when a coin rises 30% -40% it is the right time to sell and take advantage of that 40%. and then invest again. don't delay selling in the hope that the coin will rise higher. this is called greedy.

[meliodas]

One of the best tips that I heard sounded as follows:

"In order to invest you need and have free capital, in order to have free capital you need an occupation that will bring income that suits you, in order to have such an occupation you must be able to do something, learn and you pay back. "

I think this approach is very true.

It is true that we need a capital to start investing or start our own business but we need to make sure first that we have a skill to offer or much better a skills set because these days, skills set is more important and it pays more money compare to having a one type of skill. Investing in a skill set is a good idea because it will give you a lot of cash flow from doing different projects and that is when you are going to build up your business empire through investing and having your own business.

[NewRanger]

Mental,emotion ,psychology and trading skill that usually said as preparation before we start investing in finance market.these factor has corellation each other.Experienced and profesional traders usually have this key.no matter how much money we have, as long as we  have this key we could improve our investment with satisfied result.i think this the thing that often sugessted to beginners.