Mahanton
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June 24, 2022, 08:18:18 PM |
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You have to be inteligent and not invest a big sum. You have to analyze and choose the best thing you can invest in.
Many people are risk averse - they like taking big risks. For them big risk means big profit. I also don't like taking big risks. I play safe - small steps everyday is my rule of game. We do have different taking or plans or goals in mind on which we do really need to choose whether we do love to take some big profits or small ones or get contented on a small scale. And on this time we do really create whether we do need to take big risk or would simply play on the safer side.Its a personal choice to make and the most important thing to consider is on to invest on the amount which you can afford to lose and dont go all in or go overboard with your finances since we know that crypto market isnt something that gives out guarantee but since we do speak about investment then it do always ties up with risk.You wont really gain something if you wont really make out such step, so its up to someone.
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Pujangga
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June 25, 2022, 06:41:06 AM |
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As investors we must understand everything including risk, bitcoin is very high risk because the price can drop tens of percent in a short time, as happened a few days ago, and the case of LUNA which is almost worthless because it drops more than 99.9999% in less than 5 days makes us always wise.
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FrozenBit
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June 25, 2022, 08:29:42 AM |
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Not only with the OP's case, but I see many people around me also facing a similar situation when they are too trusting and dependent on someone. I myself feel worried for market participants when they don't research everything but are willing to buy blindly. There are people I know who even mortgage properties to borrow to buy crypto. I am not sure if they are understanding the concept of investing or are making themselves gamblers in a market fraught with risk with inexperienced people. It would be better if everyone involved thought about the opportunities they would have as well as the risks they would face if they did.
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budz0425
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June 26, 2022, 01:27:51 PM |
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IMO Golden rule of investment is a risk, always remember there is always risk in every investment, especially in crypto. 1. invest only what you have to afford to win or lose. 2. never loan or borrow money to invest. 3. don't invest money what you will need for a short period of time 4. always Dyor, study the investment before diving into it.
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DVlog
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June 26, 2022, 02:13:43 PM |
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If you keep crypto aside then the golden rule of investing in buy the assets. Some People will laugh and say everyone knows these so this is not important to know. But What I see is people know these rules but they do not know what assets are and what liability is. They brought liability instead of assets and later regrate buying that thing.
If we bring back crypto investment in our discussion then I want to say keeping your full portfolio in crypto is extremely risky and is a bad idea. Spreading your money too much is not also a good idea but crypto should not be your only and primary place of investment. Like OP said how luna disaster impacted someone's life because most of the investment was in crypto and in one particular crypto asset. If you have extra money that you were going to spend in a club or in a party then brought some crypto with that money. If you are lucky it will change your life and if not then you just missed the amazed of your party.
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Minecache
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June 26, 2022, 03:27:45 PM |
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To me the golden rule is to never bet on 1 horse. Diversify your holding into stones/crypto/metals/cash en stocks.
Within this asset classes diversify too into more risk to less risk. Allocate your funds wisely because losing your hard earned money is terrible.
I think we need to invest in different projects. If we want to have a profit in the long term, then we should not be worried if our profit changes daily in the direction of decreasing. We must look at the total annual revenue and only then draw conclusions. If there is an unexpected change with some currency, then we will have several more options for saving our deposits. Diversification here I think we should invest in many different industries and sectors and not just invest a lot of coins in crypto. Crypto is equally risky, and investing in different coins helps to reduce risk a bit, but the best thing you can do is diversify your investments into many different sectors such as real estate, securities, etc... Considering the current state of the crypto market, you may find that if you only invest in cryptocurrencies, whatever coin you hold at the moment isn't making you any money. Diversification of investments is therefore essential.
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Cryptock
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June 27, 2022, 08:32:19 PM |
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Considering the current state of the crypto market, you may find that if you only invest in cryptocurrencies, whatever coin you hold at the moment isn't making you any money. Diversification of investments is therefore essential.
For everyone rules are different - but it's good to discuss with the people who are already in the business. This way you get ideas, tips, dos and donts - - It is also good to learn from other people's mistake rather than making your mistakes.
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dunfida
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June 27, 2022, 08:59:33 PM |
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Considering the current state of the crypto market, you may find that if you only invest in cryptocurrencies, whatever coin you hold at the moment isn't making you any money. Diversification of investments is therefore essential.
For everyone rules are different - but it's good to discuss with the people who are already in the business. This way you get ideas, tips, dos and donts - - It is also good to learn from other people's mistake rather than making your mistakes. If you are wise then hearing out others advises and experiences would really be a good stepping stone for you to learn without the need on experiencing those losses which you are already aware on what would happen but of course we do know thats its impossible for someone not to commit or experience any mistakes along the way yet its been part of the overall process or career where it is really there. This is a continous learning where everything doesnt really assure positive results which means that you would really be able to experience that you havent experience before and see for yourself and able to find out your own ways on how to deal with these things even though it wont be simple but its worthy to deal off with.
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Sang Prabu
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June 28, 2022, 04:30:51 AM |
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Before we invest, of course we have to be dyor, all investments that have the opportunity for big profits, then automatically have a high risk, cryptocurrencies are very difficult to guess, and what I have experienced since I invest from 2016 sometimes laugh and sometimes cry.
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jossiel
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June 28, 2022, 12:51:37 PM |
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Before we invest, of course we have to be dyor, all investments that have the opportunity for big profits, then automatically have a high risk, cryptocurrencies are very difficult to guess, and what I have experienced since I invest from 2016 sometimes laugh and sometimes cry.
There are actually a lot of "golden rules" for investing. Whether you're a newbie or not, these are the few that I think should be remembered. 1. Never invest with others money if you're unsure of what you'll do. 2. Test the waters and assess the risk. 3. Invest only to the investments that you know. 4. Keep learning not just only from your experiences but also with others.
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ningrum
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The OGz Club
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June 28, 2022, 01:04:25 PM |
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Considering the current state of the crypto market, you may find that if you only invest in cryptocurrencies, whatever coin you hold at the moment isn't making you any money. Diversification of investments is therefore essential.
For everyone rules are different - but it's good to discuss with the people who are already in the business. This way you get ideas, tips, dos and donts - - It is also good to learn from other people's mistake rather than making your mistakes. That's true and will be very helpful for sure because by exchanging ideas and discussing our knowledge will grow, it's just that when you learn from other people's mistakes it doesn't really work until you feel it yourself, but surely everyone has their own way of dealing with it
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Kadal Ijo
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June 28, 2022, 01:32:13 PM |
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When the market drop is almost 8 months since New ATH in November 2021, many investors do analysis and rethink about investment, but if the market skyrocketed, most investors will think that cryptocurrencies are the best investment, from this fact we must understand that any investment always has risks for drop.
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barbara44
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June 28, 2022, 06:29:34 PM |
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I believe that the number one thing that I always do is long term and will always do it. Number one is a weird thing because there are so many crucial stuff, like investing into silly idiotic stuff that are obviously bad but just liked because of a hype is something you should stay away from.
Or someone that promises you something too good to be true, usually is. But the long term one has helped me more than anything else, do not invest and wait for a response in a few days, invest and wait for at least a few years, it would be awesome if you could wait for at least a decade, that's how you make all that insane big number profits in the long term.
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carlfebz2
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June 28, 2022, 07:33:18 PM |
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When the market drop is almost 8 months since New ATH in November 2021, many investors do analysis and rethink about investment, but if the market skyrocketed, most investors will think that cryptocurrencies are the best investment, from this fact we must understand that any investment always has risks for drop.
Emotions would really be changing basing on the condition on what we are facing yet people would really be that different impressions towards things then it would be understandable that we would be seeing different reactions on certain scenarios or situations and speaking with investment and its risk then it would really be normal that we would be setting out some limits because if we dont then we wont really be doing our best on minimizing that risk or losing money as much as we could.We know the importance on making profits or making money but it seems people arent really just too mindful on lessening the risk factor. Golden rule would be particular talking on invest on what you could afford to lose since not all would really be that too meticulous when it comes to their finances.
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Cryptock
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July 01, 2022, 09:36:02 AM |
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When the market drop is almost 8 months since New ATH in November 2021, many investors do analysis and rethink about investment, but if the market skyrocketed, most investors will think that cryptocurrencies are the best investment, from this fact we must understand that any investment always has risks for drop.
Emotions would really be changing basing on the condition on what we are facing yet people would really be that different impressions towards things then it would be understandable that we would be seeing different reactions on certain scenarios or situations and speaking with investment and its risk then it would really be normal that we would be setting out some limits because if we dont then we wont really be doing our best on minimizing that risk or losing money as much as we could.We know the importance on making profits or making money but it seems people arent really just too mindful on lessening the risk factor. Golden rule would be particular talking on invest on what you could afford to lose since not all would really be that too meticulous when it comes to their finances. The golden rule of investment is right decision at the right time. Investing at the early age when you don't have much liabilities on your head is the best rule. Most of the people waste their time in fun but those who work from an early age are the real heros.
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19Nov16
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July 01, 2022, 09:49:58 AM |
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Cases like this we often hear since the presence of cryptocurrencies, in the past I still remember when someone sold home and all assets for investment at ICO such as OneCoin but after almost a year the project was not accepted in the market and proved scam so that thousands of people lost money and until now the FBI still Looking for the scam project owner.
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shushu9977
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July 01, 2022, 12:14:34 PM |
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I am very shocked the news of the friend. Personally, I lost a little of my money to invest in Luna. There are many people who lost their money to invest in Luna. Most important that you should not invest full of your money. You invest 25% - 50% of your money that is wise decision as I think.
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bustabitsboy
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July 01, 2022, 06:30:50 PM |
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I am very shocked the news of the friend. Personally, I lost a little of my money to invest in Luna. There are many people who lost their money to invest in Luna. Most important that you should not invest full of your money. You invest 25% - 50% of your money that is wise decision as I think.
I agree. No need to rush to invest all your money and wait for the result. Regular investments of amounts that will not cause much damage to the wallet will help you lead a normal life. And of course, you should always be ready to lose some amount. This is a cryptocurrency and it has its own laws. If you are interested in this topic, then you probably know everything without me.
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Oilacris
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July 01, 2022, 11:28:19 PM |
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I am very shocked the news of the friend. Personally, I lost a little of my money to invest in Luna. There are many people who lost their money to invest in Luna. Most important that you should not invest full of your money. You invest 25% - 50% of your money that is wise decision as I think.
I agree. No need to rush to invest all your money and wait for the result. Regular investments of amounts that will not cause much damage to the wallet will help you lead a normal life. And of course, you should always be ready to lose some amount. This is a cryptocurrency and it has its own laws. If you are interested in this topic, then you probably know everything without me. Rushing doesnt really give any positive outcome specially if you havent done some proper or in depth research about such investment then it would be totally a gamble which isnt something recommendable because you would really be in losses if you are really that having that kind of behavior.Invest on what you can afford to lose and dont into certain extent which would really be derailing you towards your target or goal. Expect losses but doesnt mean that this would really be the reason for you to stop but instead you should make yourself able to learn from those things and make yourself improve on investing no matter what space you are into.
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Newlifebtc
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July 01, 2022, 11:37:20 PM |
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I am very shocked the news of the friend. Personally, I lost a little of my money to invest in Luna. There are many people who lost their money to invest in Luna. Most important that you should not invest full of your money. You invest 25% - 50% of your money that is wise decision as I think.
I agree. No need to rush to invest all your money and wait for the result. Regular investments of amounts that will not cause much damage to the wallet will help you lead a normal life. And of course, you should always be ready to lose some amount. This is a cryptocurrency and it has its own laws. If you are interested in this topic, then you probably know everything without me. rushing into investment it's like a digging a hole of loss because investment is like a planning strategy who's everyone who knows the system of investment have to search and research for that particular thing that I want to invest rushing into investment always make or cause loss of money for that particular investment because you don't know how the investment run or high goes about so someone who exercise patient into investment always benefit from it
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