Be a wise investor

[lixer]

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.

From the famous words of Gordon Gekko, greed is good. It just depends on how you channel it. For example, in that sense we had a lot of assistant managers who spent a lot of money on personal corporate card, all the messaging between them cost the company money, here it is "wise" investor who would be greedy but in the right way. So if you could keep doing that, I would believe that you could keep doing even more.

This is a very vital part of crypto where you do not get "greedy" by making idiotic moves, it just doesn't make sense, but if you end up making a smart move like buying bitcoin and waiting then you could actually make a good profit from it.

[1714470491]

1714470491

[1714470491]

1714470491

[1714470491]

1714470491

[1714470491]

1714470491

[1714470491]

1714470491

[evichi]

To be a wise investor requires following important investment principles to ensure the investor is safe and, therefore, can carry out his normal life whatever is the outcome of the investment. There are many investment practices that are important which includes: (a) Invest only the amount of money/crypto asset you can afford to loose. This means if you loose the money, you can still continue to live normally without financial issues. (b) If the amount is substantial, don't invest in only one platform, that is to say - don't put all your eggs in one basket. (c) One of the most important - conduct a proper research, check personalities involved, etc. I think, these principles' will make one a wise investor.

[Wong Gendheng]

To be successful in becoming an investor, of course we need experience, when we are new to Cryptocurrencies, I suggest for investing altcoins who have a strong reputation such as BNB, XRP, ETH or others, and the next thing is to continue to do the coin analysis that we will buy, and of course Wise is an important attitude to become a successful investor.

[RussianEnglishTranslation]

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.

One strategy I use is to stake my cryptos, NEAR and ICP for example, then sell the staking rewards for cash or more crypto. This way I never lose my initial investment.

[Dr.Osh]

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.

well, sometimes when we like something and get used to it, then subconsciously we will be really wise in doing it, even in making investments. well, many people are not aware of such policies, and naturally do so. however, what is standard in investing is knowing what we are investing in. doing research will make us wiser in making decisions to invest. a lot of people out there don't do that, and get a huge loss, so they blame someone else. we don't need to be aware to be wise or not, but before investing, you know about the investment.

[Chainsmokers]

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.

that's right, especially when we trade in the crypto world, we also have to do things like that, be wise in trading,
because that nature will keep us from losing, and one more thing that is very important when trading, don't be selfish and Don't be greedy,
make sure that trait disappears from us, then trading will be convenient.

[popeye95]

Your points have some merits for people who are active in trading and investing, knew where the best source and reliable projects incoming. Not everyone can be active like that so we've to be happy with what we can do. Invest in a project, wait in short term or long term and if it shows a good profit, we sell.

[Fara Chan]

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.

When you start entering and following the investment here, many things must be considered, the ultimate goal of the investment that people make is to seek profit, being rich is what process we prepare, these opportunities must be developed with knowledge of whatever being worked on, No exception in this crypto room, many people have taken the role here, we will only accept according to what we do

[maartenhaha]

Rich is necessary as motivation in order to be able to provide benefits to others. one way to get rich is to try and one of the efforts is to invest for the future. Utilizing a good project requires knowledge. without knowledge we don't know which project is good.
can you tell us about a good project?

If I personally see a project I will first look at the manager and project team then I review what concepts are being developed monitor the progress of the project I mean the project team is consistent in developing the project if they are consistent will update on telegram or twitter how far they are developing their projects and they will answer questions from members or investors that is my experience as long as I monitor the project.

[Lordhermes]

Investing requires patience  and alot of sacrifices.You will have to sacrifice your time,money and energy in order to gain or benefit from your investment.Long term investors try as much as they could to exercise patience and wait till the coins becomes productive.In every investment,it is good to know the kind of project you invest in because not all project are fruitful,a wise investor must make research for coins that are likely to grow in the nearest future,and invest in it.

[virasisog]

Investing requires patience  and alot of sacrifices.You will have to sacrifice your time,money and energy in order to gain or benefit from your investment.Long term investors try as much as they could to exercise patience and wait till the coins becomes productive.In every investment,it is good to know the kind of project you invest in because not all project are fruitful,a wise investor must make research for coins that are likely to grow in the nearest future,and invest in it.

You would really have to invest time and patience but everything will be worth it because you will reap what you sow in the future. As long as you're trusting a potential coin, you shouldn't doubt but rather wait for the best time to take profit. We're in the bearish season and some of us might be in fear but it isn't the time to be scared but rather the best time to be brave and accumulate potential coins.

[Tessyb]

Growth of one's portfolio and capital is an indicator of success in the industry. It's wise to be intelligent and intensional about growth, this will guide in making relevant decisions. Every trader should understand the importance of taking profits consistently and not waiting for the highest profits out of greed.

[Zulkifli BI]

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 wants to be successful and rich but not everyone can get to that point because to achieve it all takes a process and takes time. cryptocurrencies have opened up a huge space for us to be successful and rich, but we must really be able to take advantage of certain moments to be able to achieve big profits. so choose the best altcoin and we have done some research before making a decision to invest.

[jeha2015]

Rich is necessary as motivation in order to be able to provide benefits to others. one way to get rich is to try and one of the efforts is to invest for the future. Utilizing a good project requires knowledge. without knowledge we don't know which project is good.
can you tell us about a good project?

If I personally see a project I will first look at the manager and project team then I review what concepts are being developed monitor the progress of the project I mean the project team is consistent in developing the project if they are consistent will update on telegram or twitter how far they are developing their projects and they will answer questions from members or investors that is my experience as long as I monitor the project.

developtment progress was important to see how serious they build projects, alot fake developers team only want our money and they just bring their project to shit exchanges so we were harmed due bad market response. Alot key indicator that usually used to analize project , developers team, utility that will build, tokenomic be common indicator to analize.

[blockman]

Growth of one's portfolio and capital is an indicator of success in the industry. It's wise to be intelligent and intensional about growth, this will guide in making relevant decisions. Every trader should understand the importance of taking profits consistently and not waiting for the highest profits out of greed.

But not everyone will take that seriously about taking profits. And the main reason is all about the greediness that we have in nature. That is the reason why many don't take profits while they can because they're thinking of a better profit that they should get.
Thus, they're being passed by that moment when the price seems to be profitable, good and high because they've ignored and didn't pinch a profit on their portfolios when they can.

[Grim149x]

Me iam still not ritch beacuse of my many mistake on trading i lost lot of money on my trade when terra luna has been drop ill never set any stop losss and now iam loss  80 percent . What should ill do iam still holding my coins and hopping soon iwill be ritch too.

[BobK71]

The common desire of everyone in cryptocurrency is that they want to get rich. That's why he tries to hold some coins for a long time, but sometimes he doesn't sell them even though his investment return 2x or more. He believed he would become rich by holding that particular coins but after a while his investment lost a lot of value and he becomes frustrated. So we need to be smart in this aspect. It is never right to make random investments without research and expect the maximum.

[Pamadar]

Growth of one's portfolio and capital is an indicator of success in the industry. It's wise to be intelligent and intensional about growth, this will guide in making relevant decisions. Every trader should understand the importance of taking profits consistently and not waiting for the highest profits out of greed.

But not everyone will take that seriously about taking profits. And the main reason is all about the greediness that we have in nature. That is the reason why many don't take profits while they can because they're thinking of a better profit that they should get.
Thus, they're being passed by that moment when the price seems to be profitable, good and high because they've ignored and didn't pinch a profit on their portfolios when they can.

Timing is important if you know when to buy and sell the chance of getting decent profits is in your favor,

but if you don't have that kind of control or disipcline, a big chance that you will lose the opportunities, and most of the time
instead of getting good profits you ended up losin your investment.

You need to be precise with how you will sets your plan and make sure not to be greedy in changing your target profits.

[$crypto$]

Me iam still not ritch beacuse of my many mistake on trading i lost lot of money on my trade when terra luna has been drop ill never set any stop losss and now iam loss  80 percent . What should ill do iam still holding my coins and hopping soon iwill be ritch too.

The fall of Terra Luna, many investors have gone bankrupt, they can't be recovered unless you start from scratch with a very long start unless you have a large reserve fund that might be able to recover it.
With mistakes in your trading, it becomes a lesson that later I also experienced very large losses, so I always improve myself and always anticipate so that things like Teraa Luna don't happen and setting stop losses is important to avoid coins falling deeply.
If you're still holding shitcoin I'm not sure it would be a good jump unless bitcoin is in your hands.

[Tessyb]

There are different approaches to making substantial profit in this space. One of the approach is getting a coin that you believe in and hold it for few years. It's easy to imagine having to buy and hold bitcoin in 2016. The profits would be unthinkable, if one only invested $10,000 in bitcoin and kept it for few years.

Some persons find it difficult to trade and as such have strategies to holding coins with great potentials for a long duration.