Be a wise investor

[proTECH77]

Many has fail in the areas of investment why some have learned from other mistake that is making them look wise in their business.
Many investors are busy investing why lazy one are waiting for the market to reduce so that they can buy more and make a good income from the transaction. Wise investors don't depend on people income to start supply rather carry research by their self to know if the income will last or not. Wise investors don't give up anytime they lose in the process of trading rather keep moving with their business and see what the market have for them.

[BTCappu]

It's true that investing is one of the best option to earn but as you can see a lot of scam and shitty projects are all around right now so you would really do some good search and more for good project but if you are just up for profit through altcoins you can just do some trading on the market through altcoins.

Investing is even riskier when you do it in new tokens, ICOs, and Defi Projects (which is trending right now and everyone is getting crazy about it) so if you want to avoid this risk then I would say stay away from such projects and shit tokens.

There are so many other ways to invest and earn profit with less risk (nothing 100% safe, so always invest at your own risk) like buying some well developed and major coins and staking it. (staking is very famous nowadays, you can earn coins by staking coins in your wallet or some web app and some exchanges also support staking) you can invest in mining equipment and start mining legitimate cryptocurrency. you can start mining with GPU/CPU also but for more profit you need to buy proper mining rigs. and so. there are many safe and less risky options if someone play smart he can be a good investor.

[Golftech]

Feeling enough of what you have and how big you get when investing or trading is the key. There are so many projects and altcoins that you can invest in and trade every day. Take profit and sleep to do it again tomorrow 

This will be the best investment strategy unless you're good at trading experiences. But having knowledge of risk management plan and not to trade at all until you understand it give you more success. Indeed in crypto there's nothing to get double rekt just overnight.

Not being greed play the big part, trade now and earn even in smallest form of earnings then quit and comeback tomorrow and try to rinse more, it's  a good strategy just needed a good management skills not burned your investment.
There people who deal with this kind of trading skills those who are more involved with day trade and continuously enjoy the outcome of their trades.

[odukoyaewatomi27]

These days, there are so much investment alternatives we can avail that are unending. Be that as it may, it is hard to sort out which investment choice will give the most extreme compensations to us. Furthermore, the overabundance of data inside the investment market makes it considerably more hard for us to find what data can be trusted or depended upon. So to be an insightful investor we have to consider things understanding what was about it to guarantee that we have settled on the correct investment choice.

[Wallflower28]

Thank you for advice. But how do we start if there are lots of bounties are just scamming us. In fact, even I combined my work hard to work smart, nothing happens. I am still poor today. I always look at my wallet and saying that this will have a few bitcoin soon. But whatever I did, there is always a fail. I don't know but I think crypto is not my industry because I have been there since 2017 and till now, I did not gain a lot.

[Festac]

You don't want to miss out on future gains, I know that since 2017 many altcoins have sink in the ground, they are never coming up again because they keep losing value but few ones are strong enough, you are indeed right that we should take Profits but let's try as much as possible to always hold few tokens, do not sell all your coins because you want to take profits, whales of today took profits too but they still have some percentages in holding

[akirasendo17]

There are just people who are lucky and get rich in an instant also, but it's not only luck that makes them rich don't get me wrong
I'm pretty sure they are doing it every day it's just that on that day, is the day they are going to be rich,
they work hard every day, so its luck and never giving up , is the recipe to be rich or successful, that is for sure.
taking profit is alright don't wait keep pushing every day.

[Festac]

Thank you for advice. But how do we start if there are lots of bounties are just scamming us. In fact, even I combined my work hard to work smart, nothing happens. I am still poor today. I always look at my wallet and saying that this will have a few bitcoin soon. But whatever I did, there is always a fail. I don't know but I think crypto is not my industry because I have been there since 2017 and till now, I did not gain a lot.

Bounties is another case entirely, I don't advice you to old your bounty tokens unless the project ends up on binance, for example I will gladly hold DIA tokens for years because of its use case, it's just like ChainLink and I'm sure it's future value will worth more than a dollar, I prefer dumping my bounty tokens for other coins because majority of bounties are worthless projects

[Festac]

That's not a guarantee, but if you hold bitcoin it could be a 7% chance. crypto which is not yet legal and is still a polemic for some parties. worst thing is if crypto finally disappears, then our money will be gone forever. the best thing is, if there is a slight increase and profit, you can sell it.

Do you think it's still possible for crypto to erase off the face of this earth? Now that many top notch companies and organizations are pointing to blockchain technology and crypto as the future currency? I don't think that's ever going to happen, bitcoin survives till date on its own after the past hard fights, the time have pass for crypto to die.

[Festac]

There are just people who are lucky and get rich in an instant also, but it's not only luck that makes them rich don't get me wrong
I'm pretty sure they are doing it every day it's just that on that day, is the day they are going to be rich,
they work hard every day, so its luck and never giving up , is the recipe to be rich or successful, that is for sure.
taking profit is alright don't wait keep pushing every day.

If we take profit today it won't be our last, meaning there will be more chances in the future, this is why I think taking Profit can get you where you want to go, take profit and keep working hard, remember majority don't have savings problem but the income problem, if we keep taking profits and we keep working for more profits things will be possible

[Squezzi55]

It's good to be a future crypto whale, that equals to money problem solved, you will have the power to even control the market, I wish I can be a whale too so I will keep trying to hold some coins, that's if they are good enough, all we need is the right team and use case, this dream isn't impossible to achieve honestly, taking profit can get you somewhere but been a whale is a big level of achievement

[sgenuine]

In the process of trying to be a future whales you could lost everything,trust me this got me no where and I realized that I've lost tons of money because I was never contented, be smart and always take advantage of any project that brings you profit, do not stare at your wallet and say 'im gonna be rich in 3 years later' this is 1% out of 100% chance that it's ever going to happen, remember, been rich isn't the most important part of our lives but living a good life is.

It everything depends on the person. What is a “good life” for you? Some guys think they live well if they do not feel hungry and get enough money to feed their children. Other guys suppose they are losers if they do not have another million to buy a luxurious yacht. Investments also differ (sums and subject of investments).

[gwapoinside2]

I somewhat agree with what you say. One should be careful for holding big amount of crypto if you want to be a whale. Be sure you are holding a crypto that has great long term potential or else you will end up having a bagful of worthless crypto. Happened to me and have been a great lesson.

[assa1979]

In the process of trying to be a future whales you could lost everything,trust me this got me no where and I realized that I've lost tons of money because I was never contented, be smart and always take advantage of any project that brings you profit, do not stare at your wallet and say 'im gonna be rich in 3 years later' this is 1% out of 100% chance that it's ever going to happen, remember, been rich isn't the most important part of our lives but living a good life is.

In other words - concrete your profits whenever it hits a certain point. You have to decide beforehand whether its 100%, 50% or even 5%. Be strong with your decisions.

[sakuragi21]

To be a wise investor, there's a lot of things to consider  because better investing doesn't happen accidentally. Good investors consistently work at it. We need to study and apply good learning techniques. Never get fooled by scammed projects be more wiser choosing a good fortune project like the yB token.

[Furryball]

It's never going to be a smooth road, just because we lose lots of money doesn't mean holding is bad, maybe we are the ones choosing the wrong project? If you are a early adopter of BNB token how will you feel today? I guess holding is worth the risk, if you lost along the road learn and fight again until things turnout the way you want.

[TopT3ns]

The biggest mistake that cost me a lot of money is trying to predict the top and bottom of the market. After many losses I realized that I only need to profit from part of a big wave in the market and preserve capital to be able to survive in this market.

well maybe you still don't realize that cryptocurrency price movements cannot be easily predicted, so in my opinion this can be a lesson for you and don't let you experience losses again, you better do long-term trading and don't use money that may not be. too used so that when you lose it is not too depressed

[Daras]

Understanding the the project is the most wisest thing to do in an investment, it is better to put the investment on a long bases (but it will be easier to study its trend on a short term which will help to give better judgment on a long term bases.

[South Park]

I believe every crypto investors must have a specific target, once that target comes to reality I expect the investors to take profit, not having a target is why many keep holding on to their tokens even when they are over 3x to 10x, they are never satisfied because they have no aim.

At least on what I have observed around the forum and my own small research the biggest problem is the lack of a defined stop loss, as you say they are people that even if they have 50x on profits they refuse to sell, and while I can understand it as the coin could always keep growing at some point they need to sell and many refuse to do it even when it is obvious the price is now going down and the trend has reversed, and this is very dangerous attitude to have especially in a volatile market like this one.

[Emitdama]

As we are talking about Wise Investment. I would like to warn you guys about some scams going on in the market.

Please stay away from those telegram, linkedin and discord scammers who contact you via DM as some representative of trading companies and ask you to invest in their trading plans. I receive these type of messages a lot. specially when you join Cryptocurrency groups exchange groups and coinmarketcap telegram group. scammers contact you from their. 

There is no problem targeting what you want as long as you get it in the right way, sometimes what we see is easy but doesn't match reality.
use all your five senses before making a decision.

It is not wise to target anything you want.  You have to be very selective in these things as it involves your money. So, you can't just put your hard earned money in risk.