masterrex
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January 19, 2020, 03:08:03 PM |
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That was a common warning, since cryptocurrency is a risky form of investment that's why everyone who has planned to venture into this industry must observe those warnings at all times to minimize the risk of being caught in the middle, just remember as always the friendly crypto reminder "Invest only that you can afford to lose" and that should be a primary mindset while investing in cryptocurrency aside from gaining more profit.
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tungaqhd
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January 19, 2020, 03:21:37 PM |
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No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart
Never keep your eggs in one basket is a good idea to reduce risk. Many project start by promising that their coin will be listed somewhere with a high price then collapse.
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Kambal2000
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January 19, 2020, 03:39:39 PM |
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No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart
Never keep your eggs in one basket is a good idea to reduce risk. Many project start by promising that their coin will be listed somewhere with a high price then collapse. So far now that the ICO is almost died so almost scammers died too for taking chances in raising money through ICO, but let's remember that IEO is there, and we know how much scammers will do everything for them to scam too, so let's still be vigilant in every project we are aiming to invest.
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calandra78
Copper Member
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Merit: 114
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January 19, 2020, 03:46:35 PM |
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No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart
Never keep your eggs in one basket is a good idea to reduce risk. Many project start by promising that their coin will be listed somewhere with a high price then collapse. So far now that the ICO is almost died so almost scammers died too for taking chances in raising money through ICO, but let's remember that IEO is there, and we know how much scammers will do everything for them to scam too, so let's still be vigilant in every project we are aiming to invest. not all scammers also leave the crypto market. they created a new mode to be able to benefit from committing fraud against investors. ICOs may die but there will be a new way for scammers to continue to be in the crypto market and continue to earn money. we are not completely spared them.
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iv4n
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Activity: 3276
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January 19, 2020, 03:51:57 PM |
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That was a common warning, since cryptocurrency is a risky form of investment that's why everyone who has planned to venture into this industry must observe those warnings at all times to minimize the risk of being caught in the middle, just remember as always the friendly crypto reminder "Invest only that you can afford to lose" and that should be a primary mindset while investing in cryptocurrency aside from gaining more profit.
But people don't see the warning signs. People don't come here to read about all those scams we had in last 10 years in crypto. And finally people don't come here to learn more and educate themselves before they make an investment in crypto. Investing in crypto is risky in the first place, in bitcoin and ethereum and some other well known coins, to not mentions all those new coins that appear almost every day! Quick warning should be "learn about it before you invest in it". If you depend on lucky guessing than you will have loses, because lucky guessing doesn't work all the time. Who wants to be in a long run should learn about crypto, and with learning chances for success rise.
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wildan88
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Activity: 1862
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January 19, 2020, 03:52:28 PM |
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That was a common warning, since cryptocurrency is a risky form of investment that's why everyone who has planned to venture into this industry must observe those warnings at all times to minimize the risk of being caught in the middle, just remember as always the friendly crypto reminder "Invest only that you can afford to lose" and that should be a primary mindset while investing in cryptocurrency aside from gaining more profit.
cryptocurrency is famous for high risk high return, therefore we must have good knowledge here, everything is about making a profit, we must be smart in taking moments, even though we know the risk is high because there are always moments to make a profit. the point is don't be too confident on 1 coin, because all of this is about a profit.
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cryp24x
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January 19, 2020, 04:25:15 PM |
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Not just new coins I think there are coins that is listed on the market right now with no real purpose or use cases, just a coin and its done, they dont offer anything that can help us in our daily lives. I think they are the biggest scam having a decent value, controlling the market because they have the majority of the supply.
We need to be very smart always when we choose new coins. I agree with you when you said that some projects are just coins and no real project has been implemented to help us on our daily lives. I guess we need to be very careful in case we will invest on a certain altcoin.
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Boov
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January 19, 2020, 05:52:33 PM |
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No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart
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Lauren Smith
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January 19, 2020, 07:31:11 PM |
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Stop investing in projects that see nothing more than a promise a website some social media and the token itself. If that is all it takes for someone to invest then that person is an idiot. Literally a copy-paste of every other ico just with different fluff. Yet people fall for it. Mostly desperate bounty hunters.
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luppecuppe
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January 19, 2020, 08:46:14 PM |
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You need to do good research before investing in a project. You hear such comments from everyone. So what's the truth? I think great research can waste time. Make a review on Coinmarketcap. There are many good projects, the price is very low! So why? Because speculation rules the market.
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Mdmaruft
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January 22, 2020, 06:47:01 PM Last edit: January 23, 2020, 06:39:16 AM by Mdmaruft |
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Smart people never invest in one coin. They don't invest anywhere without research. Many new project seem good beginning but project failed Later. So investors should deep research before choose new coins.
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dainoran
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January 22, 2020, 09:09:16 PM |
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if you only rely on one coin, it is recommended for beginners to study the existing market first, because there is a possibility you will pass the opportunity to get coins that will provide a large profit.
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Ultimist
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January 22, 2020, 09:26:13 PM |
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This is a fairly common and obvious rule, and everyone knows it. But unfortunately it is violated very often. Therefore, I believe that it will not be superfluous to once again remind novice investors that they should not forget about diversification.
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stephanirain
Sr. Member
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Freshdice.com
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January 22, 2020, 11:29:58 PM |
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No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart
The problem of some people in this industry is that they tend to focus only to one coin especially when they can only afford one investment at a time. While some also just choose to focus only to a coin because they do believe in the promise of the project. The problem in that case is that they tend to have unrealistic expectations because they risk so of their resources in one sitting.
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DDante (OP)
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January 30, 2020, 03:45:39 PM |
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Bitcoin is the only coin that's worth the risk of putting all your eggs in a single basket, we all know how capable the crown king is right? The risk of investing in bitcoin is lower compare to new altcoins, if you are a altcoin lover then go for top altcoins, top20 or top 100 the choice is yours
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othell_rogue
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February 15, 2020, 06:52:23 AM |
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Bitcoin is the only coin that's worth the risk of putting all your eggs in a single basket, we all know how capable the crown king is right? The risk of investing in bitcoin is lower compare to new altcoins, if you are a altcoin lover then go for top altcoins, top20 or top 100 the choice is yours
With Bitcoin you are in the safe side if you put all the money in, but with altcoins you can make higher profits. Bitcoin will never go 100x in few months for example. Is all about how much risk you can handle.
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tiang_tower
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February 15, 2020, 07:10:52 AM |
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Bitcoin is the only coin that's worth the risk of putting all your eggs in a single basket, we all know how capable the crown king is right? The risk of investing in bitcoin is lower compare to new altcoins, if you are a altcoin lover then go for top altcoins, top20 or top 100 the choice is yours
Exactly the risk will be very large if we put all our money in bitcoin, because when there is a fall in price on bitcoin, we will feel a lot of losing money, so it would be better if we put our money in some altcoin top 20 and the rest in bitcoin, because of the king coins can also experience a price drop in crypto, so beware, friend.
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coinmaster241
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February 15, 2020, 07:11:07 AM |
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No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do not fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart
I'm sure you've experienced the bitter experience of surpassing one coin, yes from that experience we increasingly understand how to invest well without having to worry about just one coin, crypto is like gambling so we don't focus too much on just one coin. if you want to get one of the promising coins
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Perfect35
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February 15, 2020, 07:45:08 AM |
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No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do not fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart
I'm sure you've experienced the bitter experience of surpassing one coin, yes from that experience we increasingly understand how to invest well without having to worry about just one coin, crypto is like gambling so we don't focus too much on just one coin. if you want to get one of the promising coins Yes, you are right, investing in crypto comes with different unforeseen circumstances, but do you know that a proper analysis or research before investing can also be very helpful. It can help pave way for a profitable investment, most especially on the long, which is why I do not see crypto as gambling. Although you cannot be 100% sure of what result it would bring, at least, you might have some incline of its outcome.
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Shallow
Sr. Member
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Activity: 938
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SmartFi - EARN, LEND & TRADE
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February 15, 2020, 08:59:07 AM |
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No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do not fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart
You have said the absolute truth but believe me many won't understand you till they learn the lesson, sadly that's how human nature is we learn beat when dealt with. Like you said already there are many coins in the market with many more still coming up, so it's wise to invest what you can afford to lose because even in most projects whitepaper they always outline the anticipated risks involved. Lastly, it's important to make wise decisions about each project before investing, in this case in terms of research etc, at least that's the best you can.
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