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Author Topic: Be a wise investor  (Read 76805 times)
amonymous
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November 02, 2020, 06:51:30 PM
 #121

In order to live a good life, we need to have some source of income every day and crypto is my one source. The dream of getting rich by investing in crypto is foolish but I can lead a normal life if I want to. There are many investors who have emptied their wallets by investing in crypto year after year.
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November 02, 2020, 07:27:52 PM
 #122

Quick rich has lead so many investors into a wrong investment which caused them to start from square one. Many people don't take their time to do some research concerning the project about to invest if real or not. There are many fakes project in the market which unwise investors are busy with the project that will later cause the pain.
I have learnt from other investors mistake during the pandemic which many people where quitting from old project to new project because the price of the new project was really moving in the market that make other customers think it will not pump again till 2021.As a wise investors always carry out your research concerning the particular project on board, Andy their prices before supply to market not to lose profit. I

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ardentvolcanoes
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November 02, 2020, 07:36:39 PM
 #123

In order to live a good life, we need to have some source of income every day and crypto is my one source. The dream of getting rich by investing in crypto is foolish but I can lead a normal life if I want to. There are many investors who have emptied their wallets by investing in crypto year after year.

They have to analyze well in order to make a much better plan, there are traders who losses their money but also recovered it back after some time, it's

not something that you can relied your daily needs but once you have the right skills and proper knowledge you'll be able to compensate yourself with

really decent profits, it's about how hard you really wanted to learn be more successful from this venue of investment.
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November 02, 2020, 09:20:02 PM
 #124

If you think that Crypto is a place for you to get rich overnight then that is wrong because not all crypto can be profitable for investing in the future. but believe me if you are confident in crypto then stick to it like BTC for future investment. and the most important thing is that you are not wrong in placing your money in crypto.

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November 06, 2020, 04:29:45 PM
 #125

If you think that Crypto is a place for you to get rich overnight then that is wrong because not all crypto can be profitable for investing in the future. but believe me if you are confident in crypto then stick to it like BTC for future investment. and the most important thing is that you are not wrong in placing your money in crypto.
And that is by far one of the biggest mistakes people make all the time, it is true there have been stories like that on the past but that is very rare, most of those that have obtained positive outcomes out of their investments in cryptocurrencies have done so after years of hard work and holding their coins when everyone told them to sell them and yet newbies do not see this and take a bunch of bad decisions and then complain this market is a scam when they lose everything they have.

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Towerbreeze
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November 06, 2020, 05:26:37 PM
 #126

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's good to take profit but if that's all you do you will eventually regret later, I believe we are in bullrun season already so many coins and tokens that you dump for profit taking sake will surge in price, what will you say then? Regrets will follow
Anonymous100
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November 06, 2020, 08:31:11 PM
 #127

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.

Money is not everything, but everything needs money.
Don't let money rule us, but we control money.

Intelligence in using money is of utmost importance, both in crypto investing and real-world investing. If we are greedy and expect too much, then failure will surely await us.

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Fakhrulenclix
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November 06, 2020, 10:47:15 PM
 #128

Your statement "the most important part of our lives is living a good life". That's the point and people should think about it. But if talk about money many people don't care about it, they will greedy and keep trying to become rich people, keep thinking like that will give toxic to their soul and mind, So they must learn how to clear it

The good life is not always about money

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November 06, 2020, 10:56:11 PM
 #129

Too focused on being rich will only put pressure on us in living life, many people become stressed because of it. Happiness is the most
important thing in life, because happiness will give us a good life. And being rich will only make us look for instant ways to get profit,
and will make us take the wrong steps. For example we will force margin trading where the risk is very large, investing in hype projects
without doing analysis correctly and easily fooled by scammers by offering large profits. So to become a wise investor, avoid pursuing
getting rich, the most important thing is to do the process well, then just make rich a bonus.

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StephenJH
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November 06, 2020, 10:57:53 PM
Last edit: November 08, 2020, 10:18:01 AM by StephenJH
 #130

Your statement "the most important part of our lives is living a good life". That's the point and people should think about it. But if talk about money many people don't care about it, they will greedy and keep trying to become rich people, keep thinking like that will give toxic to their soul and mind, So they must learn how to clear it

The good life is not always about money
In capitalism, everything works differently. Unfortunately, the top percent of riches can hold 90% capital of the economy in some countries. The top ladder dictates the rules and investors also prefer to invest in the developed economies. No one wanna be on the weak side, also investors go for the stronger teams from top countries. It is an unbreakable rule of capitalism and these rules are mandatory for consideration if the crypto investors wanna hope in the trend of strong altcoins. If the good life was not about the money, I doubt there will be so many user flows to the developing crypto industry.

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November 06, 2020, 11:16:06 PM
 #131

For many, living a good life means having financial independence or, in another sense, having money. It is difficult in the world of consumption and private property to live a full life with meager means of subsistence. If you decide to become rich, write a plan of action and take one step every day. And then maybe in 3 years you will succeed.

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November 06, 2020, 11:40:52 PM
 #132

But make no mistake, there are still many people who use principles like this (get rich in an instant). and the crypto space appears to be giving the green signal to people vying to be the most greedy. Losing money does not only happen to new investors, but also old investors. ever since new altcoins roam the exchanges, the crypto space looks like it's shrouded in a gray cloud (it could turn bright or it would cause lightning strikes).

yes you are right, because I also think if investing in cryptocurrency can give me a big profit very quickly, but as you said that investing in cryptocurrency we can also lose our money (big profit will definitely provide big risk too), so before investing in cryptocurrency we must be prepared for the risk and of course we also have to be very careful to choose the cryptocurrency we want to invest (analyzing and seeing the progress of the project is very important).

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November 07, 2020, 06:20:21 AM
 #133

Too focused on being rich will only put pressure on us in living life, many people become stressed because of it.
Give pressure to our lives with always thinking about rich and money will stress us out, I already see many people like that. In real life, they so rich with everything in their hand but they not happy. If you in the same position, maybe learn about religion will give you an answer and i hope you will get it
they do this because they thinking about their child or grandchild future. maybe for them  time will not be their friend but atleast they could provide the best thing to family. for some people they prefer sacrifice their happines rather than family happines. , dont care about their life.
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November 07, 2020, 06:38:45 AM
 #134

My philosophy is to get acquainted with the current moment devoid of future unrealistic expectations, it saves lives, cures unhappiness, brushes off elements of less self importance. Trying by all means to get rich makes you poor forever. You can't deny the fact that we all are rich differently having money enough is just an added value. Being a whale isn't a simple task to accomplish, those who are the current whales could smash you from your profane reality when they smell your existence in their Kingdom by dumping your holdings on you in a fraction of minutes. Those who have money will continue to get rich forever. accept this philosophy and know peace. Roll Eyes

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November 07, 2020, 06:46:17 AM
 #135

It's better to be contented and know happiness than try to chase something that might never become a reality, it's not wrong to try but some things will never work out no matter how hard we try, always take profit and be satisfied, hold some portion of your max tokens but don't ever get too attached with HODL.

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November 07, 2020, 06:49:57 AM
 #136

A wise investor have a good educational background, what do I mean by that? It is not about having degree about investment but having a lot of experiences and a lot of information about a lot of investment. Most of investors are entering the market without prior background or education on what they currently investing. Actually what they are doing is more likely a gambling than investing because they are putting their money on specific investment that they do not fully understand. A good and profitable investor have a good mindset when it comes to making investment, it is not just about high rewards; it is about the risks that they are taking. They will not go or enter in specific investment if they know that their knowledge is not enough. They are also not deceived by those scammers in the market, a wise investor can easily identify if a certain investment is scam or not. If you want to become part of those investors who are continuing to make money in the market, then it is better if you should first invest in your knowledge because it is the first step to achieve and acquire financial freedom.
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November 07, 2020, 01:05:16 PM
 #137

You have point on that is not necessarily you need to be rich because it's good if you have permanent income so you can provide all your needs in your life and your family too. But people or even me want to become rich someday and all of us once that some of the peolle only become rich because they doing unique ways to earn money and also sometimes luck. In investing in cryptocurrency is important is to earn money not to lose even you will not become a millionaire be contented of what you get.
They say "The more money you have, the easier it is for you to make money later."

It turns out that on namal you will not earn much, but then your earnings will increase each time, of course, there will be bad days when you will even lose your money.
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November 07, 2020, 01:27:56 PM
 #138

For every investment want to be rich ans get much profit, almost investor mind when trying for investing looking for much profit and many of them keep holding some coin after reach profit because they wanna get more, but this attitude could make many investor loss their control and keep holding for their coin asset although have raise much profit, they wanna get more and hokding again all their coin assets. This mind have to change if wanna be success as investor because when get the profit better to sell firstly and hold half if wanna get much profit again and less risk if later price is drop and going down.

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icekohl
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November 07, 2020, 03:49:20 PM
 #139

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.
I also used to hope for a great deal of money or wealth overnight, and ignore small profits. And after losing a lot of small profits did I realize I had lost a lot of money.

Zazzu
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November 07, 2020, 03:59:36 PM
 #140

I think people should be more interested in the quality of projects they are participating in, and less on their investments "mooning" in the future.
 I think the projects you choose to invest in have to be very useful or potentially very useful, without compromising on crypto-decentralization and safety standards. Their developers must be sincere, fast, very talented, skilled, committed, principled, focused etc
Yes I think it's true, some of the scams waiting for money on marketing, and they get some newbies as they think mooning is more important than the idea of the project, I think the fundamental of the project is more important than marketing.
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