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Author Topic: Be a wise investor  (Read 76816 times)
Bananington
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November 07, 2020, 04:05:37 PM
 #141

Wise investors do not live in a "world of fantasy", hoping that their coins will make them very rich in future. Always know when to take profit, not holding an altcoin for years hoping it moons over time and make you very rich. I'm not saying holding long term is wrong but from past experience, majority of coins I held long term, aside BTC and ETH didn't give me profit. Hence I sell when ever I think it's appropriate. Applying wisdom while investing is a must at this point.

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pandanaran
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November 07, 2020, 04:07:26 PM
 #142

the most important thing is how you manage finances in this industry. It is risky for anyone and does not consider new investors or old investors. all of this begins with experience. on the one hand, one is never satisfied after benefiting from one project or another. this trait is common in human personality. investors will always look for ways to get high returns even if it does not come true or vice versa.

pinggoki
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November 07, 2020, 04:28:17 PM
 #143

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.

When your a investor then you must known to be a smart person in which you know what and when you will invest your money into. Being a investor is hard because it is like you are investing on a project that is a 50/50 in which there is a chance that you may lose the money you put on the project or you will gain a profit or maybe a huge profit after investing on that project.
I have a doubt on the said that been rich isn't the most important thing in our lives, because you can just say that it is not the most important thing is when you already become so much rich in which your money can't be count by anyone, at the same time you can be a good person even though your a rich already. Am I right? aside from this, take all of the necessary project that you look to become a profitable after some years so that you will take profit after then.
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November 07, 2020, 04:36:30 PM
 #144

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.

You are absolutely right, if you chase wealth and do not know how to make real profit in the process, you may not reach your goal. I have an acquaintance who dreamed of becoming a millionaire and saved up a lot of cryptocurrency for this, while he did not make a profit, but saved and saved everything until after 2017 the crypto market went down. As a result, instead of the profit received, it was left with a large amount of unclaimed cryptocurrency. This is a lesson that you don't need to chase after wealth, but you need to be able to take profit now. I, in turn, knowing this rule, tried to take profit immediately and could improve my life by buying myself the necessary things. Live now, profit now.
trauchot
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November 07, 2020, 04:37:27 PM
 #145

Quite right, you always need to invest wisely or you can lose all your investments, so I rarely invest in new cryptocurrencies, because most of them are just scams and therefore I prefer to invest in proven top cryptocurrencies and therefore I always get a profit from investment, you shouldn't also think that it is easy to make money in the cryptocurrency sphere, here you should always do everything wisely.
Stanlo
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November 07, 2020, 05:15:46 PM
 #146

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.
Don't be a dumper just because you don't want to see yourself losing out, you can end up regretting your decision someday, do you remember that guy that sold 1300 btc for a cup of coffee? Lol it's always not a bad idea to hold, anything is possible in this world, some times all you need is believe
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November 07, 2020, 05:25:43 PM
 #147

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.
Don't be a dumper just because you don't want to see yourself losing out, you can end up regretting your decision someday, do you remember that guy that sold 1300 btc for a cup of coffee? Lol it's always not a bad idea to hold, anything is possible in this world, some times all you need is believe

trust will make you disappoint, especially in the world of crypto currency is very cruel,
even if you believe in the project, we can also be exposed to scammers,
being a wise investor is the way to avoid it all

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DU18
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November 07, 2020, 05:28:52 PM
 #148

Quite right, you always need to invest wisely or you can lose all your investments, so I rarely invest in new cryptocurrencies, because most of them are just scams and therefore I prefer to invest in proven top cryptocurrencies and therefore I always get a profit from investment, you shouldn't also think that it is easy to make money in the cryptocurrency sphere, here you should always do everything wisely.
Cryptocurrency is not like financial investment in a general. The risk of failure is very high because the price is unpredictable, that's why when we want to invest we have to really be prepared with all the possibilities that will happen later, besides that, proper analysis is needed before we invest in a cryptocurrency so that if we only rely on filling only of course our risk of experiencing a loss will be very large, The price of cryptocurrency is fluctuating, and it is difficult to analyze its movements, of course it doesn't make sense if someone determines the returns on that cryptocurrency investment. If there is, then it is vulnerable to fraud.

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November 07, 2020, 05:39:41 PM
 #149

yes, I agree with your point. be a wise investor and always consider hundreds of times before investing in crypto. It is true that investing is one of the best options to earn but as you can see a lot of scam and annoying projects are around right now that you will actually be doing a good search.

Roidz
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November 07, 2020, 05:40:17 PM
 #150

Bitcoin trading is not as simple as expecting big profits. We must be smart in finding as much information as possible. Management learning indicators and reading indicators are very important. So, not just buying and selling without being careful in seeing opportunities, but of all that, controlling emotions is the most important thing to be able to control greed, Because, in my opinion investing / trading without accurate data is suicide, therefore we must be able to master the analysis technical before trading or investing.

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SektorPiii
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November 08, 2020, 11:13:32 AM
 #151

Bitcoin trading is not as simple as expecting big profits. We must be smart in finding as much information as possible. Management learning indicators and reading indicators are very important. So, not just buying and selling without being careful in seeing opportunities, but of all that, controlling emotions is the most important thing to be able to control greed, Because, in my opinion investing / trading without accurate data is suicide, therefore we must be able to master the analysis technical before trading or investing.

I agree that you need to control your emotions when dealing with trading on the stock exchange or investments, in my opinion, it is also very important to understand the market and properly manage your funds. It is better to invest in several projects, never risk all the capital. before investing, you need to study the information about the project and correctly calculate the risks.
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November 08, 2020, 12:46:36 PM
 #152

There are two types of investors, first is the investor that are wise who continuing to make gain in the market and the other type of investor who are not good because he keep being deceiving by a lot of scammers. Most of the profitable investors have good background wherein they able to feel the learning process and they have enough skill to know if a certain investment can give him/her huge return or not. If you want to become a the first type of investor then it is really good to study first before putting real money in investments.

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November 08, 2020, 01:25:44 PM
 #153

be a wise investor only happen with so many tries and failures, even big investors do mistakes but they know they can make it up and know how to move on, there are so many books about trading and investing but still, nothing would replace experience , and an experienced investor has lost so much money to be expert, everything has a price and nature doesn't give it to you until you pay the price for it, so if you think you can tolerate losses and heavy losses then you should be good, profit comes with risk and you can only expect big profit where there is a big risk...
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November 08, 2020, 02:28:00 PM
 #154

True though sometimes people chasing after wealth so hard they forgot the purpose of their life. It usually happened to the people who lives in a big city and people who are really consumtive. As I've seen out there some people really eager to invest for the sole purpose of making quick money while that's not the point of investing.

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November 08, 2020, 02:59:32 PM
 #155

yes, I agree with your point. be a wise investor and always consider hundreds of times before investing in crypto. It is true that investing is one of the best options to earn but as you can see a lot of scam and annoying projects are around right now that you will actually be doing a good search.
Yes, and all investors who are experienced in crypto, of course, always carry out several analyzes and searches for several projects in order to find a good project, because those who already have a lot of experience will obviously not be in a rush to make decisions to invest.

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November 08, 2020, 03:12:02 PM
 #156

True though sometimes people chasing after wealth so hard they forgot the purpose of their life. It usually happened to the people who lives in a big city and people who are really consumtive. As I've seen out there some people really eager to invest for the sole purpose of making quick money while that's not the point of investing.

investing in crypto currencies can indeed provide quick profits, but the risks that must be faced are also greater,
considering that cryptocurrencies are very vulnerable to pump and dump, old investors will be very familiar with crypto currencies,
but for new investors you have to be aware of the market.

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November 08, 2020, 03:27:00 PM
 #157

yes, I agree with your point. be a wise investor and always consider hundreds of times before investing in crypto. It is true that investing is one of the best options to earn but as you can see a lot of scam and annoying projects are around right now that you will actually be doing a good search.
Yes, and all investors who are experienced in crypto, of course, always carry out several analyzes and searches for several projects in order to find a good project, because those who already have a lot of experience will obviously not be in a rush to make decisions to invest.
Rushing is not a good thing in investing. the key is momentum, how we can control ourselves and refrain from waiting for the right time where we can get the profit we want. Doesn't have to be too fast or too long, the important thing is to be on time
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November 08, 2020, 06:08:01 PM
 #158

be a wise investor only happen with so many tries and failures, even big investors do mistakes but they know they can make it up and know how to move on, there are so many books about trading and investing but still, nothing would replace experience , and an experienced investor has lost so much money to be expert, everything has a price and nature doesn't give it to you until you pay the price for it, so if you think you can tolerate losses and heavy losses then you should be good, profit comes with risk and you can only expect big profit where there is a big risk...
Absolutely, in life, you are not always winning sometimes you fail but that doesn't you are a failure because more failure you've experienced the more knowledge that you can gain. But it is better for you to be intelligent of what you are doing especially when you are invwsting because your money is involved, so to avoid failure you need to study and understand what you need to understand.
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November 08, 2020, 06:43:15 PM
 #159

Rushing is not a good thing in investing. the key is momentum, how we can control ourselves and refrain from waiting for the right time where we can get the profit we want.
Investment must be made very carefully and with full consideration. It is not advisable to rush investing without the slightest consideration. This can be self-defeating because we may not be able to achieve the expected target of what was invested.

Doesn't have to be too fast or too long, the important thing is to be on time
This is one reason why we don't need to rush to determine the asset we want to invest in, especially in altcoin. Buying at the right time is an attempt to maximize your return for investment.


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November 08, 2020, 07:31:41 PM
 #160

Rushing is not a good thing in investing. the key is momentum, how we can control ourselves and refrain from waiting for the right time where we can get the profit we want.
Investment must be made very carefully and with full consideration. It is not advisable to rush investing without the slightest consideration. This can be self-defeating because we may not be able to achieve the expected target of what was invested.

Doesn't have to be too fast or too long, the important thing is to be on time
This is one reason why we don't need to rush to determine the asset we want to invest in, especially in altcoin. Buying at the right time is an attempt to maximize your return for investment.


And it is not advisable to invest without researching the whole thing, it will only result to losses. We need proper knowledge in order for us to trade without losses our to trade without bigger losses, we need to take a risk. In order for us not  to lose more money we should know and learn how to invest money, how to make it grow, how to read charts and signals. This is the biggest failure of an investor, they are rushing to many things they want to earn instantly without prior experience and research.

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