john_nautica
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August 17, 2020, 04:11:20 PM |
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I think it is a good investment if you nourish your abilities, yes research is indeed important. But then knowledge and skills must be executed so you need to participate in trading activities and all that could give you experience and more learning of course. The soonest you gain both insights and experience then you can use it to earn.
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AbNewton
Member
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Activity: 126
Merit: 10
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August 17, 2020, 04:58:19 PM |
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Invest your time is pretty different than investing your money. People are too lazy to do something more in their free time. They rather take the money and put into the quick rich scheme because they believe that one day they will find the hidden gem. Yeah, I think people who don't have any money on them are more willing to learn a new thing aka invest in their own ability than someone has money or can easily access it. If you have nothing, invest your time on your own skill and ability as it was the best way to earning money. Some investors grow spoiled from their fund and stop learning or improve themself.
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gabbie2010
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August 17, 2020, 05:23:55 PM |
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In order to be profitable in this market, you need to study the knowledge and analyze the market hard. If you don't have the knowledge, you will never be successful in this market. Like participating in bounty, you need to work hard to choose good projects and be knowledgeable about it
That is exactly where the OP got it wrong without proper analysis of the market and acquiring enough knowledge you cannot beat the market the OP thinks that anyone can just invest and market profit, part of skill is the ability of a trader to scrutinize the potential profitable coins among the numerous available cryptocurrencies in the market, that is why a lot of newbies wrongly invested in unprofitable coins without proper analysis thus investing blindly which eventually lead to rekting of their hard earned money.
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Emitdama
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August 17, 2020, 05:56:41 PM |
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Crypto investor is the most less risky job in crypto market that require little of skill or time compared to the trader or other jobs. But to be a good investor, you will need guts and some luck that having skill alone won't work.
You need good analyzing skill though if you are someone who invests in altcoins and retain them for long term because most of the coins will have a definite life span during which they will have a pump and then a dump and one who waits or holds too long is always in loss. This is only and exclusively true for altcoins because bitcoins are always going to rise. I have been someone who would get hyped and buy altcoins like coinstarter tokens and hope to earn a lot but then fall of my own back so many times that now I hardly invest for long term in any altcoins rather I just buy them and try to sell them once they have reached their peak. As for long term investment we always have the evergreen and every growing bitcoins.
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ShowOff
Legendary
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Activity: 2786
Merit: 1197
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August 17, 2020, 07:00:11 PM |
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You need good analyzing skill though if you are someone who invests in altcoins and retain them for long term because most of the coins will have a definite life span during which they will have a pump and then a dump and one who waits or holds too long is always in loss. This is only and exclusively true for altcoins because bitcoins are always going to rise.
Bitcoin is the best cryptocurrency investment choice even for beginner. I am not too sure about many other altcoin to invest in as many of them end up in the trash due to a lack of market demand. Therefore, it is not good to choose investment asset carelessly without doing analysis as this can be considered a mistake in the investment system. Find out more about the altcoin we intend to invest in before deciding to enter. But if its me, then the best choice for me would be the top 10-20 coin in CMC and not in new altcoin.
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coinfinger
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August 17, 2020, 07:49:55 PM |
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Skill doesn't mean you can earn without any hard work, tho. It just helps you to reduce the risk if you were an investor. Being a good investor even took both hardship and experience to pull a successful investment.
Actually being hardworking is itself a good skill and not everyone has it. Skill is basically something we can work upon and improve it, not like IQ which no matter how hard we work we cannot improve it. Having good trading skills means that you have worked hard day and night to learn the mistakes that are possible in trading and slowly eliminating the risks and increasing good trades. Invest in yourself its always a great decision. With higher education/special courses/wider general education everyone have more possibilities in thier life
Actually the most intelligent people in the world also invest on their brain while the least intelligent people invest on entertainment and taste so I agree that one who invests on his brain is the most successful person.
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tyoA7X
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August 17, 2020, 09:00:50 PM |
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investing skill is to examine in detail the advantages and disadvantages of coin it if we understand it will definitely be spared from losses when investing
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ufaiz50
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August 17, 2020, 11:16:19 PM |
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With your skills you can earn. You can earn without any hard work. For that you need to be a crypto investor. You have to keep in mind that you will benefit if you invest in a coin or token by constantly monitoring the market. No experience is required for this. You just have to understand the market signal. Again you can invest in exchanger on any new token. I want to be a good investor. Do you want to be a good investor? Do you agree with me?
What you say is not easy, market monitoring sometimes has to be accompanied by hard work. Learning market signals is quite a difficult thing for everyone to do, especially if we make a big mistake. In my opinion, crypto investors have an important role to play hard in choosing coins, we are not always lucky and investors need to know a lot of cryptocurrency information.
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SquallLeonhart
Legendary
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Activity: 2478
Merit: 1102
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August 17, 2020, 11:20:56 PM |
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With your skills you can earn. You can earn without any hard work. For that you need to be a crypto investor. You have to keep in mind that you will benefit if you invest in a coin or token by constantly monitoring the market. No experience is required for this. You just have to understand the market signal. Again you can invest in exchanger on any new token. I want to be a good investor. Do you want to be a good investor? Do you agree with me?
I don’t think anyone here wants to be a bad investor and be losing their money to the market. They worked hard for the money and they don’t want to just throw it away like that. That is the same thing with me, I also want to be a good investor and not the bad one that’s losing money. Anyone that wants to be a good investor must understand the market they are into and follow it the right way, if you don’t you’re probably going to be heading down that road to lose everything. So, it’s important to understand. And as an investor we need to understand T.A and also be able to update ourselves all the time on what’s happening around the market we are investing money in.
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torrantz
Sr. Member
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Activity: 1063
Merit: 253
Sovryn - Brings DeFi to Bitcoin
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August 17, 2020, 11:39:00 PM |
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investing skill is to examine in detail the advantages and disadvantages of coin it if we understand it will definitely be spared from losses when investing
Someone must about the technical evaluation too. When a project was being created and there will always be specification that will be published by the developers. That means if all of the aspects need to be considered as evaluation points. It's not enough to see it from the disadvantage and advantages of the coin.
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Kasabus
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August 17, 2020, 11:57:53 PM |
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With your skills you can earn. You can earn without any hard work. For that you need to be a crypto investor. You have to keep in mind that you will benefit if you invest in a coin or token by constantly monitoring the market. No experience is required for this. You just have to understand the market signal. Again you can invest in exchanger on any new token. I want to be a good investor. Do you want to be a good investor? Do you agree with me?
What you say is not easy, market monitoring sometimes has to be accompanied by hard work. Learning market signals is quite a difficult thing for everyone to do, especially if we make a big mistake. In my opinion, crypto investors have an important role to play hard in choosing coins, we are not always lucky and investors need to know a lot of cryptocurrency information. Being a good investor is not just easy because you have to be knowledgeable and should understand how the market moves so you will know the best entry and exit in investing a coin or even a project. Hardwork is still there if you want to make good profits at at the end of the day.
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sfireman
Full Member
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Activity: 206
Merit: 100
Decentralized Ascending Auctions on Blockchain
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August 18, 2020, 05:36:44 AM |
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With your skills you can earn. You can earn without any hard work. For that you need to be a crypto investor. You have to keep in mind that you will benefit if you invest in a coin or token by constantly monitoring the market. No experience is required for this. You just have to understand the market signal. Again you can invest in exchanger on any new token. I want to be a good investor. Do you want to be a good investor? Do you agree with me?
Investing requires carefulness and I don't think we can choose just any token to invest in. Crypto is still considered a high-risk investment because of its high volatile price movements, so it needs deep analysis so that our investment grows. Yeah you're right. That's why we need to invest in our ability to be successful in this market. Trading or investing in the cryptocurrency market is very hard and specialized job that requires a lot of proper knowledge, skills, techniques, and experience. Therefore, no one can be successful without having those things. The first thing to do is to invest our time in learning those things!
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shoreno
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August 18, 2020, 06:03:12 AM |
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if we dont have skills ln investing we should not force ourself but go on the hobby that you have a full interest . in that way you wont get bored and you can work at your best .
your wrong when you say no experience required on here . im sure you will only loose if your a newbie and you will enter imediately . you are literarally a newbie op because you dont know what your talking about .
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Kotone
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August 18, 2020, 06:14:11 AM |
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With your skills you can earn. You can earn without any hard work. For that you need to be a crypto investor. You have to keep in mind that you will benefit if you invest in a coin or token by constantly monitoring the market. No experience is required for this. You just have to understand the market signal. Again you can invest in exchanger on any new token. I want to be a good investor. Do you want to be a good investor? Do you agree with me?
I think with skill or not, everything is done by hardwork. Does investors really needed that? What they need is capital, Im confuse with your sentence OP. Trading is done with mental strategy and you can earn from that. Hard works pays off when you learned. But if you wanted to be a good investor learn to study and analyze. This is not too much of a homework.
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Squezzi55
Member
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Activity: 266
Merit: 11
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August 18, 2020, 06:22:15 AM |
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With your skills you can earn. You can earn without any hard work. For that you need to be a crypto investor. You have to keep in mind that you will benefit if you invest in a coin or token by constantly monitoring the market. No experience is required for this. You just have to understand the market signal. Again you can invest in exchanger on any new token. I want to be a good investor. Do you want to be a good investor? Do you agree with me?
Market signals are very tough to understand mostly for newcomers, you make it looks easy which is really not easy, there will be losses too, even pro traders and investors lost money, to become a good investor you will face many loss and challenges yourself
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bits4books
Sr. Member
Offline
Activity: 854
Merit: 264
Crypto is not a religion but i like it
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August 18, 2020, 06:39:45 AM |
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Let's be honest your words refer not only to cryptocurrencies and investments in them but to investments in General. You don't have to be smart enough to buy any gold/platinum/Amazon shares and get a profit from them even the last redneck can do this and he will be right. Here the question is rather to invest a) correctly b) correctly manage of investments. To do this, it would be really nice to read the relevant literature and maybe even take a course of classical education (from a University or College). Cryptocurrency is not a monetary panacea - but only a place where you can rise very height but you can also fall very painfully.
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adzino
Copper Member
Hero Member
Offline
Activity: 3024
Merit: 576
www.Crypto.Games: Multiple coins, multiple games
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August 18, 2020, 08:38:00 AM |
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Totally agree with your point of view (expect the part where you said you can earn without hardwork, which isn't true. Even if you earn without hard work, you won't be earning your maximum). You need to invest in your abilities first and then start doing whatever your learned. But people don't understand this. Like, instead of learning what blockchain is, how trading works and about the market, they tend to start investing in cryptocurrencies to trade. The end result is always the same, huge unrecoverable losses.
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shaheer001
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August 18, 2020, 08:58:31 AM |
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I don't agree with you, Trading in crypto need patient, experience and hard work as if you trade without these qualities then you are just playing a game in which luck involved. If you have no info about the project how you will trade in that coin.
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AbuBhakar
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August 18, 2020, 09:03:14 AM |
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if we dont have skills ln investing we should not force ourself but go on the hobby that you have a full interest . in that way you wont get bored and you can work at your best .
your wrong when you say no experience required on here . im sure you will only loose if your a newbie and you will enter imediately . you are literarally a newbie op because you dont know what your talking about .
Skills can be learn, I also disagree to OP. Lucky those who have skills but it doesn't mean that those who didn't have will not be able to learn that. Anything can be learn as long as we put our heart and effort into it. I don't know how to invest and trade before but after years of experience and studying I can say I can earn more than I am last 2 years. Invest in yourself to grow and to learn that's the only way to truly earn.
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cheezcarls
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August 18, 2020, 09:09:21 AM |
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With your skills you can earn. You can earn without any hard work. For that you need to be a crypto investor. You have to keep in mind that you will benefit if you invest in a coin or token by constantly monitoring the market. No experience is required for this. You just have to understand the market signal. Again you can invest in exchanger on any new token. I want to be a good investor. Do you want to be a good investor? Do you agree with me?
Not just improving our skills in analyzing projects, charts, etc., before investing in a specific coin or token (because high risks are still there even if you are skilled), but also our talents in contributing to the crypto space. Like for example, in joining bounty programs. After the bounty campaign and seeing your article/blog/video with fewer stakes than the others, try to learn and assess. Check their output and social media metrics, and try to ask yourself on why are they getting much higher earnings than yours. The only way to do that is to keep improving yourself and enhance your skills. Don’t just stick on what you know. Stop comparing yourself to others or trying to surpass them. Better surpass yourself.
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