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Author Topic: Mistakes that make people poor in crypto  (Read 73785 times)

Offline Dodo

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Re: Mistakes that make people poor in crypto
« Reply #90 on: December 10, 2018, 04:10:00 PM »
We know that in the world of cryptocurrency we have to be more careful. if we want to be successful, we have to be more patient and careful. something that is done in a hurry and not careful then it will be risky.
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Re: Mistakes that make people poor in crypto
« Reply #90 on: December 10, 2018, 04:10:00 PM »

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Offline napster

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Re: Mistakes that make people poor in crypto
« Reply #91 on: December 26, 2018, 06:04:26 AM »
Number one mistake in the list is actng with feelings inthis hell kind market. No mattr what the team is doing or the project are, or even the metrics, some people have strong feelings for some coins. No matter what the situation is, they are not willing to dump the coin. This can lead community members to very bad situation.

Offline MOProgress

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Re: Mistakes that make people poor in crypto
« Reply #92 on: December 26, 2018, 06:07:55 AM »
One of the reasons which I also believe to be the biggest reason is that people are full of FEAR, fear is the main reason why people do things they are not supposed to do, for instance, FOMO selling or buying.
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Re: Mistakes that make people poor in crypto
« Reply #93 on: December 26, 2018, 06:15:21 AM »
Impatience is one of the trending factors that lead to losses in crypto. Due to impatience, many crypto investors sell their valuable coins at cheap prices and regret later when the market rises. It is always good to stay calm and wait patiently especially when the market goes down.
Well fact is that people see cryptocurrency as a get rich quick business and so therefore they this most common mistakes of being impatient. Until they understand what investment is, then things could change from there
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Offline alyanov

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Re: Mistakes that make people poor in crypto
« Reply #94 on: December 26, 2018, 06:17:18 AM »
Yes, right, one of the factors that make people lose money in doing a trade is someone's impatience, and the result is indeed a coin that should be held instead sold at a cheap price, because of panic, and that is one of the factors of the mind set that is done by traders to panic other traders,

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Re: Mistakes that make people poor in crypto
« Reply #95 on: December 26, 2018, 11:44:22 AM »
Being impatient cannot win the market. It is the basic reason why getting to lose happen. Stay calm is the solution to neglect the impatient decision. Calmness is also one of the strength to have a good trading.

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Re: Mistakes that make people poor in crypto
« Reply #96 on: December 26, 2018, 12:53:09 PM »
Impatience is one of the trending factors that lead to losses in crypto. Due to impatience, many crypto investors sell their valuable coins at cheap prices and regret later when the market rises. It is always good to stay calm and wait patiently especially when the market goes down.

I agree mate.  When the market is going down,  We must patient and wait.  Dont panic. It is mistakes that make people poor in crypto.
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Re: Mistakes that make people poor in crypto
« Reply #96 on: December 26, 2018, 12:53:09 PM »


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Re: Mistakes that make people poor in crypto
« Reply #97 on: December 26, 2018, 01:49:24 PM »
No as expected there'll be additional fraudster on ICO since it's became simpler to draw in investors and investors are very attempting to urge what they lost on this year. Traders and capitalist ought to be additional careful and additional aware on such a project and appearance for a eligible and legit team behind the project. 2019 may well be additional deceiving than 2018 therefore allow us to all take care to avoid scams.
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Offline Aastha Madaan

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Re: Mistakes that make people poor in crypto
« Reply #98 on: January 05, 2019, 07:02:45 AM »
Cryptocurrency is one the most unpredictable market. Ups and down keep happening. One coin worth hundred dollars can fall to some cents in seconds. So out of this fear arises and people become impatient and restless when they find that their assets are losing their price and they sell at a cheaper rate. When again the price becomes stable they suffer huge loss.
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Re: Mistakes that make people poor in crypto
« Reply #99 on: January 06, 2019, 08:32:18 PM »
Well, being in a relationship with a coin or token would be the number one. Just because of the name or its roadmap, I know so many people saw the bottom. Do not be like them.
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Re: Mistakes that make people poor in crypto
« Reply #100 on: January 06, 2019, 08:50:06 PM »
My biggest mistake was to be greedy. I was so greedy, I made the money that I had never seen before in 2 months when the bull happened, however I didn't sell my cryptos because I wanted more and more.
Then I lost more and more.

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Re: Mistakes that make people poor in crypto
« Reply #101 on: January 06, 2019, 10:48:33 PM »
My biggest mistake was to be greedy. I was so greedy, I made the money that I had never seen before in 2 months when the bull happened, however I didn't sell my cryptos because I wanted more and more.
Then I lost more and more.

It was a good learning for you and also for us. I also ever did the mistake, it is the same like you. Be greedy leads to a regret, but we don't stop to monitor the market. We still have a hope for the next increase.

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Re: Mistakes that make people poor in crypto
« Reply #102 on: January 07, 2019, 12:48:17 AM »
Impatience is one of the trending factors that lead to losses in crypto. Due to impatience, many crypto investors sell their valuable coins at cheap prices and regret later when the market rises. It is always good to stay calm and wait patiently especially when the market goes down.

Yes I think dont panic when the crypto price go down.  It is normal,  because Crypto currency is high volatile.  It will rise again soon.

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Re: Mistakes that make people poor in crypto
« Reply #103 on: January 07, 2019, 01:24:47 AM »
Impatience is one of the trending factors that lead to losses in crypto. Due to impatience, many crypto investors sell their valuable coins at cheap prices and regret later when the market rises. It is always good to stay calm and wait patiently especially when the market goes down.

Be patient is the key in investing.  Dont panic selling and pnic buying,  It will affect the value of crypto currency.  We must use smart startegy to do it.

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Re: Mistakes that make people poor in crypto
« Reply #104 on: January 07, 2019, 03:59:58 AM »
Impatience is one of the trending factors that lead to losses in crypto. Due to impatience, many crypto investors sell their valuable coins at cheap prices and regret later when the market rises. It is always good to stay calm and wait patiently especially when the market goes down.

be panic selling and buying,  I think It  is mistakes that make people poor in crypto.. So We must be patient when the price goes down.

 

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