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Author Topic: Can you put your investment motto in one sentence when you enter the cryptocurre  (Read 453 times)
Casdinyard
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January 31, 2021, 11:27:15 PM
 #41

"Never allow losses to be permanent"
I do believe in this logic especially in this industry. Whenever the market price of cryptos are falling it is not completely a loss simply because the amount of crypto you have invested is still the same, it is just its value which is decreasing, temporarily. Therefore whenever the price is falling, there is only a partial loss. Losses will only be permanent once an investor chose to give up and sell already. And that would be a bad idea. Keep in mind that you entered this investment in order to earn profit. Always remember the purpose for doing something.

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romero121
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February 01, 2021, 01:14:36 PM
 #42

Be the Bank, and let savings sit idle until you turn to be a Millionaire/Billionaire.

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pinggoki
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February 01, 2021, 03:23:53 PM
 #43

No matter how the currency market goes up or down, we always have a dim idea in our mind. Maybe, it is the idea that supports us. Now, it is time to clarify the idea and share it with the public.
Actually, I don't have any motto when I entered the investment stage here in cryptocurrency, but I will make my own motto this time. My motto is that "High Risks, High Investments, High Profit" no matter what happens just take the risk on what you are doing, its normal to be nervous about the decisions that you are making as long as you can handle it by yourself, at the end of the day you will be the one to take the risk on every decision that you are making. Don't follow your emotions on any kind of investments because this will be the one to broke you in the end.
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February 01, 2021, 10:00:31 PM
 #44

#1 Don't lose money #2 Don't forget #1
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February 02, 2021, 02:53:36 AM
 #45

Regardless of the rise or fall of cryptocurrency, personally I am always Mr. Nakamoto and a believer in cryptocurrency. I believe that the future of cryptocurrency in the world will inevitably be an important part of the investment field, and I will always insist on holding it.
wxa7115
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February 02, 2021, 06:27:32 AM
 #46

No matter how the currency market goes up or down, we always have a dim idea in our mind. Maybe, it is the idea that supports us. Now, it is time to clarify the idea and share it with the public.
This is just too simplistic, it is impossible to put the idea behind your strategy in the markets in a single statement, there are people that needed whole books to explain how did they beat the markets and somehow you expect this to be done by us in a single phrase?

This is one of the big problems that I see in this market, I see a lot of people that want to invest in this market and there is nothing wrong with that, but it seems they do not want to make the necessary effort to actually become capable of doing that and they want to find shortcuts not realizing that is impossible, and if you want to improve as a trader then you have no option but to read as many books as possible so you can design a strategy that fits you perfectly.
Vanessamix
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February 02, 2021, 06:58:35 AM
 #47

No matter how the currency market goes up or down, we always have a dim idea in our mind. Maybe, it is the idea that supports us. Now, it is time to clarify the idea and share it with the public.
Hmmm I guess it is "Never FOMO buy/sell", or in other words - You should be able to determine which one of your decisions was bad, but you can't do that if you blindly follow the trend
xSkylarx
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February 02, 2021, 07:14:02 AM
 #48

"A loss isn't a loss until you sell" - This is always my motto when I bought a crypto then it dumps suddenly. It's really tempting to panic sell during this time but if you think carefully you permanently lose the money you invested if you really sell it. If the crypto you bought is a good project and has a potential in the future then it will likely increase again soon. You just need to be patient and wait for the right time that it's getting a hype and becoming a trend to many traders.
traderethereum
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February 02, 2021, 09:35:09 AM
 #49

Buy low, sell high.
Always analyze by yourself.
Do not go all-in.
etc.

I am sure many others motto we can tell.
But if we want to invest in crypto, we need to know how long we will cash out the investment because that is how we can enjoy our profit in investment, and we can invest in the other things to grow the money.

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livingfree
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February 02, 2021, 09:59:38 AM
 #50

I think the motto that I'll share is timely about those pump groups. I notice that many new comers have been dwelling and relying with the pump and dump schemes so I say this;

"Don't FOMO and believe others easily. Don't be gullible and DYOR".

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February 02, 2021, 10:23:06 AM
 #51

No matter how the currency market goes up or down, we always have a dim idea in our mind. Maybe, it is the idea that supports us. Now, it is time to clarify the idea and share it with the public.
Nothing much, just play it safe. I always follow the rule to buy low and sell for the higher price.It has always been working for me and I have not stopped using the same rule every time, and whenever I buy Bitcoin, Ethereum or any coin at a low price I am not ready to buy again when the price starts going up, I only buy it once when the market is cool and at a low price then I continue to hold it till it goes into full bull market and I am very sure that the bull run has reached its highest level for that year before selling and waiting for another good chance to go at it again.

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