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Author Topic: Mistakes that make people poor in crypto  (Read 73533 times)

Offline sampoerna

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Re: Mistakes that make people poor in crypto
« Reply #165 on: June 10, 2019, 03:26:59 AM »
I think the biggest mistake is that people are too greedy and not informed enough. For them crypto is seen as a source of easy income, they invest a lot of money and expect to get reach in a simple way without any knowledge

No sufficient knowledge and cannot control emotion are the main factors to make people getting big losses and finally become poor.
People should have a good understanding of crypto trading, investment, and market characters to be successful here.

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Re: Mistakes that make people poor in crypto
« Reply #165 on: June 10, 2019, 03:26:59 AM »

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Offline Lilgypsi

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Re: Mistakes that make people poor in crypto
« Reply #166 on: June 10, 2019, 10:27:31 AM »
Its probably been mentioned somewhere but the biggest mistake I've seen is a lack of research.  Too many beginners are ready to jump on every bounty they see without checking for a scam.   As with anything else, research anything that you plan  invest either time or money.  Bernie Madoff counted on the laziness of his clients so do many others.  Don't be a victim!

Offline kreiskleidolon

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Re: Mistakes that make people poor in crypto
« Reply #167 on: June 10, 2019, 01:56:16 PM »
Probably their mistake is inpatient and their so rushy ...they dont have time to invite or  read thats why a lot of people are getting karma and stuff so we must get rid of rushness ...and preside to good and better version of your self dude so i hope my post help

Offline Jimmygym

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Re: Mistakes that make people poor in crypto
« Reply #168 on: June 16, 2019, 04:46:54 PM »
I find that every beginning is hard. Same is with trading crypto currencies. I also think that there is not so much knowledge available on the internet, as this is relatively young field. In this sense, people and especially new traders might become a little bit inpatient, which is ok

Offline Pififop

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Re: Mistakes that make people poor in crypto
« Reply #169 on: June 20, 2019, 10:03:48 PM »
Luck also seems to me to be present in this matter. Not only our character and our ability make us lucky, sometimes you just need to be at the right time in the right place.

Offline mimikri

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Re: Mistakes that make people poor in crypto
« Reply #170 on: June 21, 2019, 09:19:42 PM »
Its probably been mentioned somewhere but the biggest mistake I've seen is a lack of research.  Too many beginners are ready to jump on every bounty they see without checking for a scam.   As with anything else, research anything that you plan  invest either time or money.  Bernie Madoff counted on the laziness of his clients so do many others.  Don't be a victim!

The biggest mistake is to be in a hurry and start investing in the cryptocurrencies and even trading themwithout knowledge. A fall after another fall, and the guy loses everything.
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Offline PurpleImp

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Re: Mistakes that make people poor in crypto
« Reply #171 on: June 25, 2019, 08:18:46 PM »
Its probably been mentioned somewhere but the biggest mistake I've seen is a lack of research.  Too many beginners are ready to jump on every bounty they see without checking for a scam.   As with anything else, research anything that you plan  invest either time or money.  Bernie Madoff counted on the laziness of his clients so do many others.  Don't be a victim!

The biggest mistake is to be in a hurry and start investing in the cryptocurrencies and even trading themwithout knowledge. A fall after another fall, and the guy loses everything.

People are greedy that us the main reason. It is their own fault they lose their money since their greed bypassed their intelligence. People want easy money. You can't think that way. You need to be slow and steady. Bits of profit all over. All them all together and you have something decent.

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Re: Mistakes that make people poor in crypto
« Reply #171 on: June 25, 2019, 08:18:46 PM »


Offline kreiskleidolon

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Re: Mistakes that make people poor in crypto
« Reply #172 on: June 26, 2019, 12:53:14 AM »
Wow cool ppst guys i hope you post again..so the topic is ehy people are getting poor and mistake on crypto...because they are inpatient the vannot wait they are to rushy to earn money ...the are not reading the information. And that why many people getting negative karma.

Offline PurpleImp

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Re: Mistakes that make people poor in crypto
« Reply #173 on: June 26, 2019, 07:28:45 PM »
Today I spoke to someone who's boss use to accept crypto and they "lost" a lot of money invested in it. I think they idiots. This was during that bad crash 2 years ago or whenever it was and they most like sold then like fools. Now bitcoin is pumping like noones bussiness and they may have actually gained further profits or at least lessen the effect. Regardless the bitcoin they had will be worth much much more in the future in say 5 years. But people do not plan ahead. This is why people lose money. Now that boss said "never again" just because he made the screwup.

Offline kreiskleidolon

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Re: Mistakes that make people poor in crypto
« Reply #174 on: June 27, 2019, 04:04:46 PM »
Their are many mistakes that people made on crypto like by getting karma every day i meant negative karma ... Because you igoring you post and dont read the information..or. Your too lazy ro trade or do some bounty...or find a job to live..but their have a solution on that problem ..that is ....time

Offline kreiskleidolon

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Re: Mistakes that make people poor in crypto
« Reply #175 on: June 28, 2019, 01:11:11 PM »
Cool post everyone i admire them because , im not finish reading.them alot of post is very help ful ..but now the topic is why do we do mistake simple we do them because its the part of life is to do mistake but.....every mistakes has a solution 

Offline kreiskleidolon

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Re: Mistakes that make people poor in crypto
« Reply #176 on: June 30, 2019, 03:08:12 PM »
Too many mistake i been true..but I passed that all with the help of my positive vibes ..because back then ..i keep making mistake i dont read nega karma ..and all the information i just ignore.but now i learn..that time is very important.

Offline moonuranus

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Re: Mistakes that make people poor in crypto
« Reply #177 on: July 05, 2019, 12:29:24 PM »
Reasons might be,
Investing in ICO's without prior research about the project.
Trading without any knowledge just pure luck.
Joining in HYIP sites wishing to make a lot of money that stays a dream.
Buying shitcoins in exchanges because it's cheap.

Offline hope167

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Re: Mistakes that make people poor in crypto
« Reply #178 on: July 06, 2019, 03:56:04 PM »
the cupid and fear can make people poor in the crypto, i think another reason as the ICO scam and new investor do not know it and they lost your money, you should find the information about it and get a knowledge to invest.
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Offline crypto101

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Re: Mistakes that make people poor in crypto
« Reply #179 on: July 07, 2019, 01:46:03 AM »
Everything is written right! Everybody is mistaken, both experienced traders and beginners. We can not control the market, the only thing we can do is not let the market take more than you can afford to lose. Before entering into a deal, you need to think not about profit, but about loss.
The most common that i make where in, it makes me poor in cryptocurrency and for sure a lot of people will relate to this, it is selling in a low price or during a market crash.
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