lena said:
9. Take a break from investing if you notice gambling behaviors (for instance, you lose and invest more in the same position, thinking you’ll recover your loss, which usually leads to greater losses).
- Refinance your mortgage for cash.
@BrianCopland
11. Be greedy when others are fearful, be ruthless when they’re cocky.
lena said:
9. Take a break from investing if you notice gambling behaviors (for instance, you lose and invest more in the same position, thinking you’ll recover your loss, which usually leads to greater losses).
Many Degens feel attacked.
lena said:
9. Take a break from investing if you notice gambling behaviors (for instance, you lose and invest more in the same position, thinking you’ll recover your loss, which usually leads to greater losses).
Get out of here!
Great tips, the person who posted this. I would add:
Don’t be too greedy and don’t chase after those crazy 1000% shitcoins and dodgy projects; slow and steady wins the race.
CryptoCrafter said:
Great tips, the person who posted this. I would add:
Don’t be too greedy and don’t chase after those crazy 1000% shitcoins and dodgy projects; slow and steady wins the race.
In other words, DON’T FOMO!
Good post, the person who posted this.
CryptoCrafter said:
Great tips, the person who posted this. I would add:
Don’t be too greedy and don’t chase after those crazy 1000% shitcoins and dodgy projects; slow and steady wins the race.
Thank you! Great advice! I completely agree.
CryptoCrafter said:
Great tips, the person who posted this. I would add:
Don’t be too greedy and don’t chase after those crazy 1000% shitcoins and dodgy projects; slow and steady wins the race.
Absolutely, I learned to stick with trustworthy projects like HarryPotterObamaSonic10inu.
Let’s face it, 90% of the people here don’t do any research and just throw everything into BTC.
Weston said:
Let’s face it, 90% of the people here don’t do any research and just throw everything into BTC.
Honestly, saying ‘YOLO everything into BTC and ETH’ may be one of the best pieces of advice you can give to a newcomer.
Great list! I would just add: never invest what you can’t afford to lose.
Yani said:
Great list! I would just add: never invest what you can’t afford to lose.
That’s solid and essential investing advice.
Just keep it simple with DCA BTC/ETH and you’ll be set as a beginner.
Clear and concise points. Maybe this will help someone from buying high and selling low.
Pacey said:
Clear and concise points. Maybe this will help someone from buying high and selling low.
Thank you! Hopefully yes! And maybe change someone’s viewpoint and open their eyes to what’s possible with this technology.
@Nari
Could you do a comedy top 10 investing advice?
Thanks for the post. Many people here may already be aware of your bullet points, but everything you’ve shared is clear, straightforward, and can’t be emphasized enough. We need more posts like this.
This is a great guide for newcomers! Good work.
Drake said:
This is a great guide for newcomers! Good work.
Thank you! I aimed to cover the most important points.
- Learn some basic charting and technical analysis.
It helps to get a sense of market trends and plan entry and exit strategies.