Altcoins Talks - Cryptocurrency Forum
Archive => Sorting Box => Topic started by: Domithra on October 14, 2018, 02:26:26 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.
-
to trade in the cryptococurrancy world takes quite a long time with enough patience and experience, they sell their assets because of panic who are afraid of continuous price reductions and for the rise and fall in prices is already natural in the world of trade
-
usually the problem is those who trade in panic conditions and cannot control their patience so that traders make mistakes.
-
usually the problem is those who trade in panic conditions and cannot control their patience so that traders make mistakes.
Yes people who loss a big amount in crypto is the people who really do panic selling or maybe trading which result into a huge loss of their investment, capital, etc. Crypto can really make us poor if we don't make a great decision or moves on getting some profit on the crypto feild.
-
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.
Yeah I agree, if investors dont need the money as emergency they can keep it holding. Let yourself be patience. Theres no loss here if you wait even it takes a years
-
Stay calm and waiting for a while is good advice but still, some of these people cannot handle their emotion in the trading. They become panic when the price moves to the unpredicted area and they cannot make a good decision except selling or buying the coin. They need to be patient and not make a rush action so they can analyze the market situations.
-
Aside from impatience, the other one is ignorance. People easily gets hyped or fomo'ed because they just rely on other people's opinion and not do reading on their own.
-
yep most of the people starts panic sell their coin when they know that its going down, they think that once the value goes down, it can never be retrieve again or rise up again. thats why there are people who hold their token until the next value rise up again :D
-
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.
But what of if the person is desperate in need of money and it is very urgent, what do you think will be the way out?
-
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.
Yeah you're right, impatience is one of our biggest enemy in comes in trading or holding coins. We have to patience in order to avoid losses from out investment.
-
That's the another side of every holders being impatient. However, this is just in starting point for in some reason this could be nice experience as it is learning.
-
Impatience is one of the problem of being a trader one's market goes down people got panic selling with their holding they can't wait till the price goes up.
-
Impatience is one of them, that we can't control our emotions and we sold at loss, but my greatest mistake is that I was very greedy when my alt touch the moon, because I wanted more and I let greed takes over in me.
-
A lot of people sold for a loss in 2014, that much is sure. The main mistake they made was not buying back in when the charts looked healthy again by 2016.
If you sell for a loss you won't want to risk buying again.
-
Going on with feelings instead of leaving a coin when it is needed.
I know so many people are almost going to make love with the coins that they are hodling, and I am not kidding.
You should leave it when it is necessary.
-
I totally agree with this but there are some cases you really need to act fast or you will be rekt, sometimes you better go out of a certain coin with -%5 better than stay and hold with -%90. Being patient is, of course, a good thing but the skills of acting fast is also a great thing and if you can choose between those correctly you will be perfect and we all know that no one is perfect everyone will make mistakes between those 2 decisions.
-
I totally agree with your, FUD and FOMO are the most common mistakes that newbies make. You have to be patient and not too greedy to have good gains in long term.
-
1. Never Backup your private key and Lose your Private key
2. Mining without calculate the electricity cost and mining the shit coin that never goes to exchanger.
3. Being scammed
4. Go to phising site accidentally
5. Buy Coin With Rumors without research them
6. Create a weak password and got hacked
7. Steal With Stealth ICO
8. Buy a shitcoin without research them first
9. GREED
-
They become panic when the price moves to the unpredicted area and they cannot make a good decision except selling or buying the coin. They need to be patient and not make a rush action so the
-
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 you are right, impatience is one of the problems of being a trader. because the market goes down people who panic sell because they can't wait until the price goes up.
-
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.
impatience needs to be confronted with discipline in the predetermined profit targets. that means that every investment we make needs a target profit, and when the profit target is reached it needs to sell without the need for other reasons, this is very important to continue to survive crypto, especially traders
-
the main factor was panic and patience which made them lose big when the price dropped drastically they sold at a cheap price afraid they could not rise in price again and when it was sold finally the price rose again and caused regret
-
The most important thing in the Criptococurrancy world is patience and experience.
someone's panic will destroy everything they sell prices cheaply which causes huge losses and to buy again they are traumatized by falling prices again
in fact we do not need to panic because the ups and downs of the trading price are reasonable and it depends on us reacting to it
-
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 agree mate. I think Be patience is the key for crypto currency. Dont be panic when the market is red. We will lose alot.
-
Yes, a downturn in the market can be a frightening specter, but we must realize that crypto is for the long term and even though the market is experiencing a decline it is normal, patience is the best way to save from loss and become an opportunity to make a profit.
-
live calm and awaiting some time is ideal advice but still, some of these human beings cannot deal with their emotion within the buying and selling. They emerge as panic when the price moves to the unpredicted place and they can not make a great choice except promoting or shopping for the coin.
-
Peaceful mind and calm heart must be with us all to deal the market in good condition as always so that we can prevent the impatient. It is also a matter of believing and strong hope that everything will be okey at the right time.
-
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 agree with you, but the limits of one's patience are different, I think luck is also influential, they are less fortunate about time, time to buy, hold and sell, because of the lack of research on the coins they buy.
-
The mistakes that make people poor in crypto are being impatient and panic in selling there coins that they will lost a big profit when the coins get pumps. Holding your coins and wait to have a good value is great thing to do.
-
One of the main factors of the losses of traders is the lack of knowledge about cryptocurrency. If we do business not based on knowledge it's losses will be suffered.
The point is that we must study seriously before starting to entries the world of commerce, and understanding market characteristics to minimize losses
-
Yes, the mistake is often done. Panic is a mistake that can be very detrimental here. Because panic caused the person to sell their coins at a low price and that was obviously very detrimental. On the other hand, there is also a lack of attention to the market, so buying coins when the market price is high, and when it is low, he waits for a high time. So that's the mistakes that often occur here.
-
People panic because they risk their hard earned money and not their extra money that is why most sell immediately without patience because they are doing gamble game, a gamble of their savings or not extra money.
The mindset and action should be invest what you afford to lose not to invest if you can't afford it to lose. To avoid the panic mode!
-
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.
Precisely ... It is better to try and keep the coins until the bull trend goes to see the potential of the coins, and not to sell in a bear market in a panic!
-
Aside from being an expert in trading by using tools another aspect to consider is the emotion this is perhaps the most important instrument in a trading if lost your emotions losses comes next.
-
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 almost have an opposite problems, where I constantly buy small amounts when they are lower, and my total position is worth less than what I put into it, but if the price jumps, I want to sell them, and than regret that I didn't hold on to them for a little longer, because the price increase can continue.
-
Making an investment strategy is very important most especially to new investors because this might be lead to many people from losing their hard earned capital so as an investor we should be careful and and ensure that we did the right decision.
-
Indeed sometime someone made a mistake in selling when the rush so get the losses due to lose asset.
But I think the mistake can be tactics, because there is still other coins may price was up.
So disappointment can be distracted.
Maybe we experienced loss but still no chance at the coin we another. So do not easily desperate. ::)
-
Yes, you are right, I advise my friends not to panic when the market is red, if you panic and sell crypto assets that you have, you will regret it. We need to be patient and must have a good trading experience to benefit in the crypto world.
-
There are a few errors that threaten to cause large losses: when working with exchanges and wallets, do not use two-factor authentication; buy one coin for all the money, if it is not Bitcoin; trade on information from a group of trading signals
-
we must realize that crypto is for the long term and even though the market is experiencing a decline it is normal, patience is the best way to save from losses and become opportunities. to make a profit. the decline in the market can be a frightening specter,
-
Yes, it's mostly panic when the crypt falls. It is important to remain calm and wait patiently for the market to recover.
-
You are right. In my opinion, there are two main keys that make the people poor in crypto. One is impatient and panic. They are very basic but many people ignore about that. Besides, it is also about the strategy and how to choose the right coins.
-
hence the need to not get bored in learning in the crypto world so that they are ready to face any situation that can cause losses caused by panic
-
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.
For me I feel the dominant factor that makes most people sell cheaply their tokens, thereby incurring loses is Fear. Fear of great loss, Fear of not getting back the capital, Fear of being left with a dead coin.
-
Patience will always be the best virtue we should have in the cryptocurrency world. We all know that it is given that the prices are changing every now and then. The market is very volatile. It is understandable that we feel panic and impatient during this time, but we should keep in mind that this will change for the better. Wait and do not panic so that we will not regret the decisions we made today in the future.
-
Patience in crypto plays a vital role and the decision with impatience always pay poorly,people who sell their valuable coins in panicky conditions really going to loose ,not to commit such mistake.
-
We will long feel panic, especially when our investments during the year instead of growing-are falling uncontrollably.I think that next year will be decisive in the adoption of the status of cryptocurrency.
-
Bonding with the coin which you are holding would be the first and deadliest mistake I believe.
The second mistake would be day trading I believe, I know that hodling will be the best option you may have.
-
The mistakes that keep the poor poorer in Cryptocurrency business is mostly greed, laxi of basic knowledge about the Cryptocurrency market, following the crowd, fear of the unknown which triggers one to make hasty decisions and many others.
-
Panic selling and wrong entry time in this market can wipe out your investments significantly. Never panic in any circumstances and you will be a winner.
-
Mistakes that make people poor in crypto buy in FOMO and sell because of FUD. These are the common mistakes.
-
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 you are right. Crypto investors are very impatient generally and they dont have any hopes about future. They are selling their tokens while dumps and buying during pumps. That is unbelievable. I cant understand why they are selling their good coins with these low prices.. That is very wrong move.
-
I agree, Another is most of the people who failed here in crypto don't know how to make or do they own research about the things that they are planning to joined.
-
most of them invest in quite a large amount. without experience or cannot take advantage of market conditions. so they suffered a loss .
-
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 Besides impatience, in my opinion the other is ignorance. People easily become hyped or fo'ed because they only rely on other people's opinions and don't want to read or think for themselves.
-
in the world of cryptocurrency we must learn to be more patient in facing the crypto market. we don't know how the crypto market is going forward. if we rush into making a decision then we can get a loss and will regret it later. it would be better if we manage our crypto assets well so that the results that will be obtained are also satisfying.
-
when we rush to make a decision, we will also get the risk. like if we make a panic sale. if we do it, we will get a loss and it will make the crypto price in the market is getting down. if it continues, then there will be more people who will get the losses and need a long time for the crypto market to recover.
-
When you are not patience to hold your coins for long periods before selling and when one is not consistent in crypto been off and on this thing can people poor in crypto.
-
if you are not careful and easy to give up in the world of cryptocurrency, then I think it difficult to get the success in it. we know that the unstable crypto market making many people frustrated and gives up. if we also give up, then we are no different from them and will only get the losses. keep calm in the face any situation even though it's not easy. the decisions that we make will be very meaningful.
-
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.
This is true and I want to all so add that fear of unknown, and fear of missing out also contributed to most people going broke in cryptocurrency business.
-
Mistakes are only normal because it gives us a lesson to learn and become better in doing business in cryptocurrency. The common mistakes are being impatience when the prices high and do panic selling if the price is very low.
-
yes without patients can make wrong decision that makes us poor in crypto,due to unstable market some lose hope they become frustrated and give up by selling their coins in very low price the become panic.we should calmly face the situation to obtain satisfying results
-
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.
Patience is a good thing especially for investing but if you does not handle it well it can be a two edge sword also if you are too patience when you buy bitcoin few years ago and you did not sell at that time you are making a big loss now. Patience is a needed thing in investment and constant managing your portfolio should not be mislook also.
-
It is true, impatience makes people getting big losses in crypto. They are in panic when coins or tokens are experiencing lower prices. Then, they decide to sell their coins to avoid more losses. Whereas it the wrong way, they don't have good understanding about how to run investment in crypto and how the market works.
-
Yes, I definitely agree that patience is the key to a successful cryptocurrency situation. Whenever we involve our emotions to it, especially during the down times, we get panic and we are able to make decisions that we are not supposed to make and regret in the future.
-
I think the mistake of most people who become poor in crypto is because they panic and don't want to be patient, to immediately sell their coins when they know that prices are down, and they think that once the value drops, they think they will never be able to come back again.
-
Many crypto investors sell their valuable coins at cheap prices due to lack of patience and regret later when the market rises. It is always good to stay calm and wait patiently especially when the market goes down.
-
Investment in cryptocurrency needs patience and confidence people. Being the investors of cryptocurrency is not easy and always get profits, there are many obstacles here, including negative issues and unstable prices. Too many unpredictable things here.
-
Impatience can sink you and makes anyone poor in the crypto market So patience is the major factor to decide your fate. Impatient people always sell their coins in panic selling they are always afraid of loosing their money mostly newbie act like this and they repent later. So one should always remain positive whether market is dropping and should not act in haste.
-
In the Crypto world, we must have good knowledge to trade. A good strategy will make you have an advantage. In the crypto market conditions, coins that fall You do not sell coins because if you sell you suffer losses. You better stay patient and hold your coins.
-
I think that impatience is the biggest mistake because most of the people starts panic and sell their coins at lowest value ,bear too much lose.But who hold their coins and wait for the right time they are rise up again.
-
We did all mistakes but some mistakes are not bearable due to the fact that huge lost happens. Seems impossible to earn that again but if we think positive and don't give up. I think there are possible good things to happen to those who didn't give up.
-
Many are stuck with the signal followed and holding too long the wrong crypto. Just like when buying Ethereum, NXT, Bitcoin at the moment the price is still high. Because Fomo is also one of the causes, it is too late when buying and the price has gone down a lot to date, so if at Hold will wait a long time.
-
The main mistake that makes people poor is panic. When they see a decline in the market, they sell their cryptocurrencies because they are afraid of losing the money invested. Many people came to this market to earn money quickly and did not try to understand how this market works.
-
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.
Sometimes, you wouldn't blame them, sometimes they need money to solve problems and need to sell off assets to do so.
-
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.
actually there are a lot of mistakes some people in crypto, for example like FOMO and also greedy also cause losses, trade without using analysis, of course also see the market trend. In some cases, bearish causes technical analysis to be in vain
-
It is common for people to make mistakes, so that they would not be in a cryptocurrency it is important to be able to wait patiently and never panic.
-
The greatest mistake that people made in crypto is their mindset that crypto is a get rich and if does not go in their direction then they will sell at lose and spread FUD.
-
usually the problem is those who trade in panic conditions and cannot control their patience so that traders make mistakes.
yes right, when you hold a cryptocurrency, then you must always be careful. theft and fraud is most likely to occur in cryptocurrency. and no one is responsible for the loss you receive when all that happens to you. of all that, you also have to know that greed can also make you poor. for example, you want big profits and you put all the assets you have in cryptocurrency, and that is very risky for yourself
-
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.
Impatience might be one of the factor but always being patience is not a very good thing also. I often hear from my friend exit and enter the market with a strategy and not just based on the price market is always running ahead of you, you will not be able to win the market just get what you can and leave the market.
-
in the world of cryptocurrency we must learn to be more patient and careful. if we panic then we will get a big loss. we know that in the world of cryptocurrency there are many risks that can be obtained if we are not careful.
-
besides providing the benefits, the world of cryptocurrency is also risky. therefore we must be able to learn to be more patient and careful in doing things. don't let us make a mistake that will make us get a big loss in going forward.
-
I agree with you but this is the case of a bullish market.
Indeed, the selling in a bear market makes you happy because in any case all go down.
-
something that is done in a hurry and not careful then it will be risky. we know that in the world of cryptocurrency we have to be more careful. if we want success, we must be more patient and careful.
-
Patience is something that is crucial to determine whether someone will be successful or fail, especially in investment. If we are greedy and impatience, these will lead to failure in reaching the goal.
-
agree with you to be patient if you want to benefit from our investment,
-
In fact, the mistakes that people make a lot, and I think the main one is not impatience, but rather panic. Because only in a panic, people begin to lose their heads and do not quite reasonable actions!
-
it is true that impatience will make us get a loss. in the world of cryptocurrency, we must be able to understand the crypto market well so that we can determine the right time to sell or buy crypto. patience is the most important key where if we can be patient then we will get the good results too.
-
Aside from impatience, the other one is ignorance. People easily gets hyped or fomo'ed because they just rely on other people's opinion and not do reading on their own.
Too true. People feel too lazy to do their own investigation choosing rather to rely on the hype or predictions of others.
-
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 agree mate. Mistakes that make people poor in crypto currency. We must be carreful and used smart strategy and analysis.
-
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.
-
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.
-
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.
-
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
-
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,
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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 that's true with what you say that to trade in the world of cryptococrancy we need patience and also a long enough time to wait, because with enough patience and experience, why do many of them sell their assets because they panic and are also afraid of continuous decline in prices. But for prices to rise and fall, I think that's a natural thing in the world of commerce.
-
Right, initially I regreted many times, but now I lernt to wait and read a lot before any action.
It's very important that everyone knows deeply the project and manage the real value of it.
-
It is too incorrect to talk about poverty, because with insufficient Deposit and its control, there is a chance of losing everything.
-
Poor money management is the main reason for this. If a person controls his money, he cannot become poor.
-
Poor are only those people who came initially without any history in this industry and did not know anything.
-
Any mistakes are not justified by the experience that people get in the degree of work in this industry and if they become poor, then not everything was good.
-
I definitely agree with this. Being impatient not just to cryptocurrency, but to everything really leads us no good. So being patient with regards to the market price especially that it is very volatile will help us not to commit decisions that we can regret.
-
It is very important for everyone to know the project in depth and manage the true value of the project. Initially I regretted it many times, but now I wait and read a lot before any action.
-
I think Cryptocurrency is one of the most unpredictable markets. Up and down continues to occur. One hundred-dollar coin can fall up to a few cents in seconds. So from this fear arises and people become impatient and agitated when they find that their assets lose their price and they sell at lower prices.
-
Sure impatient is a point of losses to investors,when some coins appreciate investors also still want to hold for a long time and losing come when the coin loss value.
-
investing into a coin without even searching it for a bit. And worse is investing huge amounts to coins without making any search. Do not do that.
-
I think Cryptocurrency is one of the most unpredictable markets. Up and down continues to occur. One hundred-dollar coin can fall up to a few cents in seconds. So from this fear arises and people become impatient and agitated when they find that their assets lose their price and they sell at lower prices.
We can also state that these sentiments are originated by unconsciousness and incompetence.
Because for all that know the market difficult situations are normal ones.
-
This is very true, playing Cryptocurrency we must be patient and be careful when deciding something. The value of Cryptocurrency is very fluctuating, if we go wrong we can lose everything. this is where knowledge, knowledge and patience are needed. When we buy a coin at a high price, and suddenly the coin goes down, we cannot immediately sell the coin, if we don't want to lose our money.
-
yes mistakes that often occur are impatience and minimal knowledge of market movements whose movements are difficult to predict
-
It will be dangerous when people don't be patience in crypto business. They will lose everything and can not be successful to invest or trade. It is a must for traders or investors to be more patience in order to get best decisions.
-
That is true, bro. The very common mistakes that we make in crypto dealing with poor is the impatience and panic. They are very troublesome because someone may not be able to control their emotion when seeing the market condition.
-
The rules of a successful investor, buy when the market falls and sell when it grows.
-
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.
Yeah but how to find a balance between patience and determination? Sometimes you have to act fast?
-
Good vibes though, most of the times it is not easy for you to know the right time to sell or hodl. Most at times, you can or may hodl a particular coin for better days but nothing may come out from it.
-
That is my problem too... I always find it difficult to be patient when trading cryptocurrencies and it has really done more harm than good to me....and I just want to start training my self to be very patient at all times.
-
It's very important to have trading plan and follow for it. This rule help to avoid big losses
-
Big loss in 1 deal possible. But in general, it will not save you either. A series of losing trades. Buries deposits of any traders. The mathematics of capital management will not save either. 8)
-
series of losses is less dangerous than one big loss, because you can stop trading and improve your trading rules. If you loss all your money in one single trade you can't do it at all..
-
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.
Good information thank you
-
What you convey is the negative side. While the positive side is, mistakes can make us more careful, more vigilant, which in turn can make us rise.
-
Investing is a long-term trend, to trade short you have to get a proper experience
-
the percentage is quite high. the odd of holding tokens is not favourable. the current market condition is okay but sometimes, some projects worth nothing that you have no option than to sell to avoid dumping sheet tokens in your wallet. i have a huge amount of them with no value but i was not patience enough to hold CHT Tokens.
-
Impatience and lack of crypto literacy
-
The knowledge and patience is power, i've seen many people panic when their crypto is going down for a while.
-
True, it is a very wrong opinion if someone states that by trading in the crypto world we are poor, because investing our assets in the crypto world is keep or saving, which we can take at any time. by monitoring price increases that we agree we can sell our assets and get more profit and we will never lose, our assets will remain and be safe in crypto.
-
Greed and impatience are the main challenges that many traders face when dealing with cryptos. Whenever you feel prompted to trade with emotions, just think twice. Emotions and trade never go together, whether it is forex, crypto, stock or Options
-
Yep your right many have lost investment and profit on crypto because they are not patients and doesn't decide a wise decision many are going down but if you wait and make your decision wise maybe your down profit and lost investment could go up
-
I think there are reason:
+ Buy at the top, sell at the bottom
+ Overconfidence in inaccurate positive information
+ Keep garbage coins
+ Feed sharks ^^
-
Common mistakes is to invest in a coin or token without knowing it's background of expertise, first of all before anything else you must look about the team behind the project to be sure if they can further the development of the coin.
-
Lack of awareness & basic BTC knowledge, these are the most biggest mistakes done by investors while trading.
-
The main factor in the occurrence of mistakes is our lack of processing patience and what is not less important is the greed factor of the material that is desired. So that there is poverty that is actually very unwanted.
-
Poor status does make us less comfortable. We must try to get up and get out of that status. If so, we should not ignore the factor of patience and greed so that we keep thinking rationally in engaging in the cryptocurrency business.
-
I agree that impatience is one of the reason that makes us poor in crypto. But it only sounds true in trading. The more essential factor, I think, is "missing the chances". I first knew about bitcoin when its price is approx $500. In a coffee meeting with my friends, I gave them the idea to buy some bitcoins by our gathered money. But my friends scared and denied. This decision also affected me. My intention to buy some bitcoins faded away from that. Then, when bitcoin's price mooned to $19k, all of us regreted in another meeting at the same coffee shop.
-
That's right. At least we make mistakes, regrets that we get. For that we have to be patient and careful. Mainly trading in crypto.
. Don't hurry to make a decision.
-
Common mistakes is to invest in a coin or token without knowing it's background of expertise, first of all before anything else you must look about the team behind the project to be sure if they can further the development of the coin.
Often, it says nothing at all, even XRP gas bad times from time to time
-
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 think the major problem with people when it comes down to crypto; is lack of experience, and the lack of market understanding. You know what they said, the market is a place of transferring wealth from impatient to the patient. well, they are damn right about that :)
-
I also agee that impatience is one of the leading causative factors for failure in crypto trading, beside greed. Crypto trading needs one to be very patient and able to trade without emotions. You should know when to trade and when to hold on to your coins and wait for a favourable market
-
I have seen a lot of my fellows who lost huge money on the bitcoin only due to their unrealistic expectations. They thought that bitcoin will reach the level of $30000 this year. It was never possible under that circumstances. They must had to trade wisely and I am really worried about those traders.
-
Truelly, patience is a major factor that leads to be successful in crypto. Impatience will make you loss your capital/investment in no distance time. Panicking is the worst thing that will make you loss everything in crypto with just one click, and later regrets what has been done.
-
The mistake of all people's on crypto . Is they are not reading example a newbie has a new bounty and the mission is make sure the post can manage on a every week and the newbie post and post he doesn't read the information thats been given to him............what i meant to say is make sure you read
-
Mistakeses on crypto ...hmmmmm so first impatience your to greedy to earn cash dude and your ignoring the forum your just posting and posting let your greedy go and go until it disappeared .And you must know waiting is good you can be wiser and stronger
-
Mistakeses on crypto ...hmmmmm so first impatience your to greedy to earn cash dude and your ignoring the forum your just posting and posting let your greedy go and go until it disappeared .And you must know waiting is good you can be wiser and stronger
Impatience is the common reason to many problems in life! ;D
-
Yes, I agree that impatience is one of the most important mistakes in cryptocurrency world. I consider it as a quite obvious because whatever you do in your life, you need to be patient to succeed. The second common mistake is the neglect of security. Keep your coins safe!
-
I think that lot of them are not aware enough of cryptocurrencies. The main reasons are impatience and greed, they think that crypto is an easy way to become rich in a quick and simple way. Knowledge is the key
-
inexperience trading, greediness to make fast cash
-
Agree, I think patience is the only key to success in crypto world.
-
Mistakeses on crypto ...hmmmmm so first impatience your to greedy to earn cash dude and your ignoring the forum your just posting and posting let your greedy go and go until it disappeared .And you must know waiting is good you can be wiser and stronger
Impatience is the common reason to many problems in life! ;D
Lack of knowledge is the main reason for most of the mistakes we make. Do not be lazy and spend at least 3 hours per day for your crypto education.
-
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. But being a newbie, I don't know when exactly is time to sell :) but thanks for sharing, I'll keep your words in mind!
-
Me again so the reason why people do mistake on crypto is. Their so inpatient and so greedy of having money ....and they dont analyze the purpose of the forum so that the reason why many points are loss and many member are karma on crypto so i hope we change are .......so lazy way of habit on crypto
-
i think this is a greed, this make people poor in crypto and lose your money, if people can manage it they will earn profit from this market and they can become a rich
-
The problem of people that are doing mistake on crypto ......is that they take advantage of money and they are inpatient...thats the problem of all members on crypto and they are too rushy and greedy to earn money so ...why do people make mistake .??.. Because they dont read the information
-
Absence of time and money management
-
Me again ....hmmmmmmm.alot of people do mistake on crypto many time .hundreds or a thousand but thats okey .don't be scared of nega karma its just number ...its not your life at risk depends on it.....if get nega karma try again because karma is not permanent
-
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
-
People keep doing that same mistake every day...people make mistake that they will never forget ..the reason they are doing that is because inpatients is the problem your to greedy to earn while your self....is being falling...behind...
-
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.
-
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!
-
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
-
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
-
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.
-
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.
-
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.
-
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.
-
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.
-
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
-
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
-
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.
-
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.
-
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.
-
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.
-
I think most of the people lose their money in the crypto market due to their unrealistic expectations from their coins. They want to become millionaire in a single day. When they see a steady advancement in the market, they get out of the market at a wrong time. Am I right?
-
I think most of the people lose their money in the crypto market due to their unrealistic expectations from their coins. They want to become millionaire in a single day.
Not only about too high expectation, most people just join without sufficient knowledge. But when they lose, they will blame the crypto world.
-
I got the prof contact from a colleague at work when bitcoin was going up all the way up last week. I've been working with the prof for 5 days and i can confirm he help me mine 2.5 btc in total. I am still working with him to get more coins because i can never afford to lose this great opportunity at all. The crypto market is at a crucial point, If you have been wondering where to start and have some questions, I will advice you to email prof Donald right away and he will personally put you through. Contact - Wealthrecovery63 via google m ail
-
I think most of the people lose their money in the crypto market due to their unrealistic expectations from their coins. They want to become millionaire in a single day. When they see a steady advancement in the market, they get out of the market at a wrong time. Am I right?
I think that it does not make them poor. It makes them depressed and frustrated. Mistakes when choosing tokens to invest lead to the greatest losses. You need to learn more about alt before investing in it.
-
The fear of loosing all valuable coins because prices are dropping continueously had made some people to sell off their coins, at least to cut a total loss when prices goes beyond their abity to bear a further fall. Crypto prices are volitile, and many are unable to be courageous in keeping their coins for fear of loosing all.
-
One mainly factor making people poor in crypto is lack of interest as well as fear. Some one will invest into a project immediately he started seeing the project decreasing in value he start to panick. Crypto require a lot of patience if you don't have that then you are actually missing the way round
-
Dumping right after being paid bounty!! Don't do this!! (Unless you getting an offer that is above the ICO price) If a company/project stays around and you dump everything then you no longer have stakes in that company/project.
People trying to get rich overnight and get rich quick that are not there for the right reasons. These people lose a lot of their money and to be frank they deserve to. Seems like when greed takes over people's brains stop working.
-
I think that people lose money because they invest in things which aren't safe or they are impatient. Another thing is that it's good to invest what you can afford to lose.
-
Not backing up your wallets and make sure there are several copies can make you poor. You also dont want to sell tokens too early you need to be patient. Sell some of your holdings off sometimes so you get some return incase the value drops so much the coin/token becomes valueless. So dont hold on too long either.
-
I think most of the people lose their money in the crypto market due to their unrealistic expectations from their coins. They want to become millionaire in a single day.
Not only about too high expectation, most people just join without sufficient knowledge. But when they lose, they will blame the crypto world.
true! most of the people jump in the market just like that
-
The most common and basic mistakes are lack of adequate knowledge and hasty decision. People think that investing in crypto is simple way to become rich, nothing could be further from the truth. Ignorance of market's operating principle, price movements and desire to gain some passive brought together make people poor. Crypto are so difficult stuff, not everyone should get into it
-
i think, not only for crypto but for trading overall, the mistakes that traders make are: not following a strict stop loss, letting emotions in while trading, not testing back to back before applying them on live account.
-
i think, not only for crypto but for trading overall, the mistakes that traders make are: not following a strict stop loss, letting emotions in while trading, not testing back to back before applying them on live account.
You not only consider traders, but also ordinary people who bought a crypto.
-
Greed also makes people poor. I lost a lot of money in 2018 due to cryptocurrency greed
-
Yes i agree, prices of cryptos are very volatile and hence its super important that people should have patience to hold their cryptos for a good time to let it reach a good price. Since its so volatile and affected by various factors, you just never know that tomorrow when you wake up bitcoin’s price is double than it was the previous day. So patience is necessary here.
-
I used to see crypto as a way to gain money quickly. It may actually be so sometimes, if you're extremely lucky, but I lost quite a lot back then :-X
-
Keep the cool mentality in this market is very important. I used to judge the wrong time to sell a token, and it took a lot of time afterwards to make up for that mistake :'(
-
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, there are times when a trader experiences panic, when prices fall they sell most of their coins without waiting for prices to rise again. Though prices are down is common in the trading world. But usually it's only by beginners and newbie. To take advantage, We should sell coins waiting for the price of coins to go up, and buy when prices go down.
-
The most common and basic mistakes are lack of adequate knowledge and hasty decision. People think that investing in crypto is simple way to become rich, nothing could be further from the truth. Ignorance of market's operating principle, price movements and desire to gain some passive brought together make people poor. Crypto are so difficult stuff, not everyone should get into it
Yes, having good knowledge is must. But something I would like to add is that even if people have knowledge and skills, they give in to emotions like greed and fear. Many experienced traders also do that and that is the biggest mistake according to me.
-
Mistakes only trading or others can be? Greed and fear is a trading topic. At the wrong time, I bought or sold traders as well.
-
Yes some mistakes make people homeless, carless, and lastly relatives less... His wife's also breakup his relationship.
-
I'm on the market since not long ago but I already understand that if you don't have patience, better not to invest. I have moments when I feel like giving up but I cut them off
-
Mistakes and lack of discipline lead to losses in any kind of trading, cryptos are no different.
-
mistake of entering without knowledge of what they are getting into. mistake of listening to your heart instead of your head. mistake of firing blank shots at the bear (if you know what i mean). all these lead to making people poor in crypto's
-
The only mistake i make is to make a trading on telegram and i lost a lot of my saving to scammer. Bad day for me and it was a reminded for me to not trust anyone without an escrow anymore.
-
It’s better to learn from the mistakes of others, and over time there will be no problems.
-
Cryptocurrency is a universal currency that is acceptable across the global, and many Alt-coin are created base on their difference products. Therefore, some mistake investors made is a function of impatient, while sells at low price.
-
Think we all agree, that 1) overconfidence (entering the market while being barely informed) 2) fear (panic to lose all when prices fall, urge to sell ones you have for lower price to lose less) have a lot to do with this & need to be considered when starting ;)
-
Awareness is really the key when it comes to investments. Crypto is not something where you can get instant money whenever you want. If you want to earn instantly you need to practice trading but it isn't something that one could do and earn just by buying and selling. You need to consider the market, the graphs and etc in trading.
If you're still in baby steps when it comes to cryptocurrency, it is better to just read everyone's experience and learn from it before investing. Don't let greediness overwhelm you.
-
People start trading without enough knowledge and in a rush and want to gain big amount of money in a short time
-
panic a major factor in the cause of poverty if trading in cryptocurrency as panic into destruction makes the loss all the money they have even if it is too eager to get a lot of money quickly likelihood it will lose money.
-
I also believe that patients is always key of success , if we haven't patients then we will lost our fund in Trading .
We must wait Till Market didn't return to it's previous price .
-
I also believe that patients is always key of success , if we haven't patients then we will lost our fund in Trading .
We must wait Till Market didn't return to it's previous price .
Sometime we need to sell our tokens, even if we don't want to, in this pandamic situation , Many people like me need money because of our daily needs.
-
Absolutely right. Actually trading is a set of strategy. If you want to be a successful trader, you should know when to buy, when to sell, how the market behaves, what is going to occur in the market, in which stage price is staying, where may go it, where it was etc. You have to apply right strategy in right time. If you fail, you will loss your fund.
-
That advice applies to fiat trading too, it's universal, really.
-
Yes , we should wait Till our coin didn't touch a good price in market , we should fixed our goals before invest in any coin . Never invest in coin becuase there is higher chance of dumping of that coin .
-
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.
Some projects never bull run anyway, Mb8coin, wpp, mozox, stib, swace, etc already dead in state.
-
Very beginning of crypto trading every one should be determined. Most of us can't control our emotion. In crypto wrold decision making is one of the most important work. If you make mistake in trading you get lose. It's very simple.
-
Holding Mb8coin in my computer is a biggest mistake that make more frustrated. Why I hodl mb8????