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Author Topic: Reasoning before investing can save you from lose  (Read 535 times)
gurunanakji777
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June 03, 2024, 07:39:11 PM
 #81

Although many people know that crypto investment is very risky, especially for newcomers who invest after seeing others' profits and think they too will make hefty profits easily, it's not that simple. There are many people here who fabricate fake screenshots to deceive others. It's advisable not to try until you have basic knowledge and understanding of crypto's fundamentals. Otherwise, investing with the mindset that it's okay to lose money is not wise.

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June 14, 2024, 10:36:03 PM
 #82

Reasoning before investing is not applicable in all coin for example, Bitcoin. when investing in Bitcoin I don't think one need to bother himself or herself before investing especially when you are investing for long period of time though anything is possible in crypto but the fact that you will lose money you invested in Bitcoin is very low however, I don't think someone will invest in any project without reasoning, even if it's not your hard earned money one will still reason unless you want to make loss but loss is Paramount whether you reason or not there will always be a loss.

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June 19, 2024, 03:25:04 PM
 #83

Some investors are ready to invest on any project they come across just because they really want to make profit and some of this projects are considered to be a scam project which people invest reasonable amount of money. It is very painful when money is invested in this project and they end up becoming a failed one. I think good reasoning before investing will really help investors from losing much money about projects they do not know about much.  Investors needs to ask themselves before investing  "what if I lose my money investing it in this project? I think this question can help  people to invest with the amount they can afford to lose or not to invest at all on project very not sure about.  

Investing without any reasoning can just make one to invest without considering the risk and the probability of making lose or making gain from the investment.

I think every investor must have a very rational mindset towards investment. They believe that every investment has a high risk, so they will definitely do research and analysis on a project in which they want to invest the money they have. so it is very unlikely that an investor will make a decision to invest in a project that they do not know about.

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Qiubell5
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June 21, 2024, 06:43:38 AM
 #84

I think every investor must have a very rational mindset towards investment. They believe that every investment has a high risk, so they will definitely do research and analysis on a project in which they want to invest the money they have. so it is very unlikely that an investor will make a decision to invest in a project that they do not know about.

It seems that it is necessary to think about having to understand the basics of investing, the first thing that needs to be understood before investing is to determine goals and develop money to get profits. This is very important for the smooth running of our investments, and don't rush to choose the investment offered by being tempted by excessive promotional offers, that way you can avoid the losses incurred.

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June 21, 2024, 07:13:25 AM
 #85

Otherwise, investing with the mindset that it's okay to lose money is not wise.
anyone with this kind of mindset should not be in crypto or in any kind of investment

making profit is the goal here but you should also know that sometimes, you can lose money if you do not know how to manage your investments well. the worst case scenario would be to lose money but you also should be prepared in case you do.

prevention and back up plans is the fool proof combination to make sure you avoid losing money or at the very least minimize how much you are losing

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June 21, 2024, 05:40:43 PM
 #86

Checking what you are investing into with depth, could definitely help you on the long run, there is nothing wrong with that. I know that a lot of people think that it is going to be hard, but it is not that hard at all if you just know how to do your research properly.

I believe that if people could invest well enough, then we are going to make something that will be good to invest into, we are going to eventually find it. The "rush" is the thing that ruins most people, if you want to invest into something, anything really, then rushing into making a decision is the worst thing you can do. You may not find anything good that day, or even for a week, hell sometimes even for a month, doesn't mean you should invest into something anyway.

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