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Author Topic: Be a wise investor  (Read 1322 times)
DER REICHTUM GRUPP
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July 29, 2022, 11:04:49 AM
Last edit: July 30, 2022, 06:26:18 PM by DER REICHTUM GRUPP
 #121

Good day, the decision to get rich should be firm and unshakable, like a rock. And you need to go to it with broad steps, but without stupidity) Pursue your goal 25 hours a day, 9 days a week) - that's what we need.
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July 29, 2022, 12:42:39 PM
 #122

We will only get disappointed if we'll expect too much. Keep in mind that crypto investment has risks but it will be riskier if we'll never make the right decisions. Don't expect too much especially if you're investing in nonpotential coins but if you're holding a trusted coin, be patient and know when to sell to maximize your gains. You'll only take profit in crypto if you'll always make wise moves.
Making only the right decisions will not work, everyone will make mistakes and this is normal, because we learn from mistakes. The only true statement is that profits must always be fixed. If you see that there is a profit on your investment, you must do everything not to miss it, in fact this is the most important thing that you must do. Well, if this did not work out, then you should think about what you did wrong and get experience from it.

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July 29, 2022, 01:11:59 PM
 #123

As investors, of course we have to be wise, market conditions are never stable so we have to be patient, many panic when they see prices drop and have not recovered so they choose to cut losses, I think this is a mistake because it will make you regret, I always be patient to hold because I've known crypto for a long time, since 2013 when there was a bitcoin boom from $100 to $1000.
Taking a cut loss decision in my opinion doesn't always look bad because sometimes this method can be one of the right choices when the market is experiencing a correction like we are currently experiencing, imagine if we buy bitcoin at its peak price of $60k more but suddenly the price dropped to the $45k level but we didn't opt ​​for a cut loss because we expected the price to recover in a short time but it turned out that the bitcoin price fell further so we had to accept big losses, although it is very possible if we continue to hold it for the long term it can recover the losses.
If at that time we made a cut loss when the price dropped to the $45k level then now of course we can buy more bitcoins at a very low price at the $20k-$23k level.

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July 29, 2022, 05:27:46 PM
 #124

I think a little differently, in my opinion, buying and selling of coins or tokens should be done looking at the whole situation of the crypto market and not the profit or loss. As at the moment if a project gives me a profit, I will not take that profit until the crypto market reaches a new all time high whether it is made in a month or a year.

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July 29, 2022, 05:48:44 PM
 #125

Yeah, there is nothing wrong with taking a profit when the market is at its peak, this is something that varies for individuals, some people don't want to take a profit until the price reaches their target, and others do so when there is a reasonable rise in price.
From my little experience as an investor in this space for some time now, it is best to take profit, especially during the peak period of a bull run, once that period ends and the bear market comes in, you will be filled with regret for not making the move when you had the opportunity.

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July 29, 2022, 06:01:21 PM
 #126

Yeah, there is nothing wrong with taking a profit when the market is at its peak, this is something that varies for individuals, some people don't want to take a profit until the price reaches their target, and others do so when there is a reasonable rise in price.
From my little experience as an investor in this space for some time now, it is best to take profit, especially during the peak period of a bull run, once that period ends and the bear market comes in, you will be filled with regret for not making the move when you had the opportunity.
Here is the problem, no one knows the "peak" of the market, hence they hesitate to sell their coins. Don't you think if people knew what the peak was, everyone would be selling at the peak and buying during the dip? Everything would be easy with no risks involved. Again people also hesitate because of the past. I am sure there are people that thought $15,000 was the peak of bitcoin and sold their coins only to later realize that the price never went back down below $17,000.
I think a little differently, in my opinion, buying and selling of coins or tokens should be done looking at the whole situation of the crypto market and not the profit or loss. As at the moment if a project gives me a profit, I will not take that profit until the crypto market reaches a new all time high whether it is made in a month or a year.
In other words, you won't sell until you reach your profit goal. This is what most people do I think. Less risky, but slow.

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Joca97
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July 29, 2022, 08:59:58 PM
 #127

The best thing when investing is to do your research right once you have a couple of coins you think are good split your bankroll and just forget for the next few years on those coins and for sure there will be huge profits. Best options are for sure btc and eth

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July 29, 2022, 09:42:53 PM
 #128

Yeah, there is nothing wrong with taking a profit when the market is at its peak, this is something that varies for individuals, some people don't want to take a profit until the price reaches their target, and others do so when there is a reasonable rise in price.
From my little experience as an investor in this space for some time now, it is best to take profit, especially during the peak period of a bull run, once that period ends and the bear market comes in, you will be filled with regret for not making the move when you had the opportunity.
greedy could make our profits become loss, some traders or investors didnt understand how to exit from market and when it reach peak they still hold it. knowledge in entry or exit position was an obligation for each traders or investors and also set target how profit our position will closed. i have bad experience about it so now i am always set target although in several stage.


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July 30, 2022, 02:41:50 PM
 #129

Sometimes we are too ambitious to get big profits so we often forget to analyze, remember that sometimes the market can drop or coins that we think are currently good and enter the top ranking can be abandoned by investors so that their value drops, like the LUNA case which makes many people stressed and depressed because it only took 3 days to drop from $80 to below zero.
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July 30, 2022, 02:59:49 PM
 #130

Be smart and always take advantage of any project that brings you profit, do not stare at your wallet and say "I'm going to be rich in 3 years later," this is a 1 percent out of 100 percent chance that it will ever happen, remember, being rich isn't the most important part of our lives but living is, and remember, being rich isn't the most important part of our lives but living is.
To some extent, you have to take a very big risk to get what you want, but you can at least be patient and monitor the project to make more money. However, you may lose everything if you keep or delay yourself. The main goal is to achieve or attain your goal, so take the risk and you will be rewarded.

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July 30, 2022, 03:15:46 PM
 #131

That is the most problem to up coming investors are facing, i was once a victim of that during the last bull run, which many alt-coin are on green candles growing, but at the end many some of the coins are no where to be find, Therefore, before investing always make a research about the coin and also check the entry point that is very import, before investing.
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July 30, 2022, 04:06:31 PM
 #132

Yeah, there is nothing wrong with taking a profit when the market is at its peak, this is something that varies for individuals, some people don't want to take a profit until the price reaches their target, and others do so when there is a reasonable rise in price.
From my little experience as an investor in this space for some time now, it is best to take profit, especially during the peak period of a bull run, once that period ends and the bear market comes in, you will be filled with regret for not making the move when you had the opportunity.
greedy could make our profits become loss, some traders or investors didnt understand how to exit from market and when it reach peak they still hold it. knowledge in entry or exit position was an obligation for each traders or investors and also set target how profit our position will closed. i have bad experience about it so now i am always set target although in several stage.

Indeed, having a good understanding of how the market works will give you a better view to decide whether to keep

on holding or you already needed to sell your assets, both pump and dump always have a good timing. Being wise means that
you have good knowledge from what you are doing.

It will guide you to earn decent profits when you are into this kind of investment. Always put more time in doing your research
before diving into any types of investment.
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August 01, 2022, 02:25:21 PM
 #133

Like it or not, it all comes down to one thing, before throwing in investments, you need to study the project to which it is attached as much as possible, its relevance in the cryptocurrency market. Taking profits on the pump or leading it all the way to the end depends on the opportunities, there is money and I am confident in the project (which he is in demand as btc) threw it away and returned to it after a year or two, but this option can also disappoint. Well, if you decide to participate in the "races" ... The main problem in this business is greed. It does not allow you to think rationally and skim the cream on the rise when it is already profitable. If you solve this problem, you will forget about disappointments when you wanted to withdraw profits at the peak, and the coin just started to decline
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August 01, 2022, 03:48:40 PM
 #134

Been wise in the space is all about strategy or mood towards a trade. A trader can hesitate to keep holding some coins that are dipping like the famously dump Luna which dumps heavily and making some people recording a big loss. The wise ones have already been out of it, because the crypto space have to do with getting the right information and it most be timely unlike getting it late which serves no use any longer. Before a market experience a dip, some traders have already gotten the news and converted their promising coins to stables coins until after the dip.

Free space
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August 02, 2022, 04:28:30 AM
 #135

...

I don't consider myself a very smart investor because I've never been able to be a long-term investor. I made good money in the crypto market. I managed to make myself happy. But I don't know if it was worth the effort and time. Just holding solid cryptocurrencies like Bitcoin and Ethereum would also make me happy enough.

Darbeciler emperyalistlerin işbirlikçileridir...
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August 02, 2022, 05:27:00 AM
 #136

Be smart and always take advantage of any project that brings you profit, do not stare at your wallet and say "I'm going to be rich in 3 years later," this is a 1 percent out of 100 percent chance that it will ever happen, remember, being rich isn't the most important part of our lives but living is, and remember, being rich isn't the most important part of our lives but living is.
Everyone expects wealth from their investments, regardless of imagination, in general there is hope even if fate says otherwise, I have noticed a good way of investing in crypto, actually not much to do, just some patience and use cold money, consider crypto investment as savings, so you are not too imaginative to get rich 1-2 years.

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August 02, 2022, 06:05:01 AM
 #137

One thing I learned from this industry that always take profit no matter what and don't patronize project to much because when we do it will only hurt us when bearish market hits. It is okay to take profit and that's the best plan to make money in this industry. As investor, always invest only extra money and that can afford to lose anytime it's because market is very volatile that no one can actually predict what's gonna happen tomorrow.

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August 02, 2022, 06:47:44 AM
 #138

When we enter Cryptocurrencies, the important thing is to be ready with risks, many people are too ambition to profit so that they sell anything, but when they see the facts of the price down then they panic and immediately sell at a low price or loss, this is a mistake, and as an investor thing The most important thing when seeing the red market is patient.



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Tony116
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August 02, 2022, 08:33:31 AM
 #139

One thing I learned from this industry that always take profit no matter what and don't patronize project to much because when we do it will only hurt us when bearish market hits. It is okay to take profit and that's the best plan to make money in this industry. As investor, always invest only extra money and that can afford to lose anytime it's because market is very volatile that no one can actually predict what's gonna happen tomorrow.

It was a right decision, even though we might lose some profit if we can't sell it at the top but we won't lose all if it drops quickly. The market is very unpredictable, sell when profitable and buy back if possible, no need to be too greedy.

When we enter Cryptocurrencies, the important thing is to be ready with risks, many people are too ambition to profit so that they sell anything, but when they see the facts of the price down then they panic and immediately sell at a low price or loss, this is a mistake, and as an investor thing The most important thing when seeing the red market is patient.
Greed is our biggest enemy in this market, if everyone can control greed then I believe many people will become billionaires from crypto industry. With just controlling our emotions and being patient, we can very easily make a profit in the market, but unfortunately, very few people do this.



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.BIG WINNER!.
[15.00000000 BTC]


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August 02, 2022, 12:28:41 PM
 #140

Be smart and always take advantage of any project that brings you profit, do not stare at your wallet and say "I'm going to be rich in 3 years later," this is a 1 percent out of 100 percent chance that it will ever happen, remember, being rich isn't the most important part of our lives but living is, and remember, being rich isn't the most important part of our lives but living is.
I have a contrarian view. I think that 80% of us will become rich because we are early investors/adopters. If you invested in companies during the early phases of the internet, you would have become rich too. As long as you don't invest in pets.com/doge, and buy projects with real world utility: XRP and MAXX finance, you will do well.
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