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16 Cryto-currency Rules ( For Investors) - Investment - Nairaland

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16 Cryto-currency Rules ( For Investors) by Xbus1: 7:39am On Nov 17, 2017
Rules for those who want to invest in crypto.

1.Don't trust anyone. They want to make money and will pump you if you let em.

2. Never join any scheme that promises results.

3. Never join any scheme that pays you for signing up others. And certainly never give your "referral link" to someone. That makes YOU the scammer.

4. Prepare for the opportunities that will come with research. Don't attempt to force things when your preparation doesn't meet that opportunity.

5. If you see a coin skyrocketing, you're too late to join. Seriously.... it's too late. Put down your crypto.

6. Everyone has an agenda. Even you. Learn your bias and try to overcome it. Don't let your rose colored glasses cloud your vision.... and certainly don't let someone else's.

7. The goal is more bitcoin. If you wanna play around in other coins to acquire more bitcoin.....go for it. But always have bitcoin. It's been declared dead 100 times...it's still king. It has the brand and institutional support. Don't believe those who say it's gonna die...even when it loses half it's value (which is gonna happen some day...always does)

8. Don't invest in coins that go against your belief system.... even if they could make you money. If you believe in decentralization, don't buy a centralized coin. You're cutting your own throat. The money you invest has real effects on the businesses behind the coins.

9. Realize most coins will fail. And if you're in em, Your money will disappear. The larger the market cap, the less likely they are to disappear.

10. There is a ton of manipulation in the crypto space. The smaller the market cap, the easier it is to pump and dump a coin. This is why you don't "chase candles" at all...but especially with small cap coins. That's how they lure you in and take your cash.... you see huge growth and invest....then you bought their new boat for em.

11. In order for you to value someone's opinion, you MUST require that they give you sound reasoning for their call. Just saying "buy this coin and you'll thank me later" is ridiculous.

12. IF that company REALLY had some software program that guaranteed results....they wouldn't be taking your money and letting you benefit...they'd be using their software program to get stupid rich.

13. Crypto is 100% NOT REGULATED. Anyone can do anything. And they do. You're on your own and at your own risk. Go slow.

14. 100% ignore anyone who wants to talk in PM or private. The reason they don't want someone else to comment on what they want to say is..... they are full of shit. Likely trying to scam you. If you can't say something about crypto in a crypto forum, it's cause you're full of it.

15. People will ask you to pay for their mistakes. They will tell come online hyping up shit coins so you'll invest and drive up the price so they can sell that coin they've been stuck in for months. Ignore everyone's advice on what to buy & don't waste your time chasing these sort of recommendations.

16. There is a COST for every dollar every day. If you're holding 1k of some stagnant coin, that's 1,000 dollars that aren't growing. Not saying you should never hold. Just realize that it doesn't come without lost opportunity.

You can add yours,

1 Like

Re: 16 Cryto-currency Rules ( For Investors) by biztip: 9:48am On Nov 17, 2017
nice
Re: 16 Cryto-currency Rules ( For Investors) by Xbus1: 5:57pm On Nov 17, 2017
biztip:
nice
Yop
Re: 16 Cryto-currency Rules ( For Investors) by Ralphdan(m): 6:24pm On Nov 17, 2017
Thanks bro u fucking made sense
Re: 16 Cryto-currency Rules ( For Investors) by Xbus1: 7:44pm On Nov 17, 2017
Ralphdan:
Thanks bro u fucking made sense

You are welcome
Re: 16 Cryto-currency Rules ( For Investors) by Xbus1: 9:45pm On Nov 21, 2017
Rules for those who want to invest in crypto.

1.Don't trust anyone. They want to make money and will pump you if you let em.

2. Never join any scheme that promises results.

3. Never join any scheme that pays you for signing up others. And certainly never give your "referral link" to someone. That makes YOU the scammer.

4. Prepare for the opportunities that will come with research. Don't attempt to force things when your preparation doesn't meet that opportunity.

5. If you see a coin skyrocketing, you're too late to join. Seriously.... it's too late. Put down your crypto.

6. Everyone has an agenda. Even you. Learn your bias and try to overcome it. Don't let your rose colored glasses cloud your vision.... and certainly don't let someone else's.
Re: 16 Cryto-currency Rules ( For Investors) by Xbus1: 6:41pm On Nov 23, 2017
Rules for those who want to invest in crypto.
Re: 16 Cryto-currency Rules ( For Investors) by Tabbaz(m): 10:44am On Nov 27, 2017
[s]
Xbus1:
Rules for those who want to invest in crypto.

1.Don't trust anyone. They want to make money and will pump you if you let em.

2. Never join any scheme that promises results.

3. Never join any scheme that pays you for signing up others. And certainly never give your "referral link" to someone. That makes YOU the scammer.

4. Prepare for the opportunities that will come with research. Don't attempt to force things when your preparation doesn't meet that opportunity.

5. If you see a coin skyrocketing, you're too late to join. Seriously.... it's too late. Put down your crypto.

6. Everyone has an agenda. Even you. Learn your bias and try to overcome it. Don't let your rose colored glasses cloud your vision.... and certainly don't let someone else's.

7. The goal is more bitcoin. If you wanna play around in other coins to acquire more bitcoin.....go for it. But always have bitcoin. It's been declared dead 100 times...it's still king. It has the brand and institutional support. Don't believe those who say it's gonna die...even when it loses half it's value (which is gonna happen some day...always does)

8. Don't invest in coins that go against your belief system.... even if they could make you money. If you believe in decentralization, don't buy a centralized coin. You're cutting your own throat. The money you invest has real effects on the businesses behind the coins.

9. Realize most coins will fail. And if you're in em, Your money will disappear. The larger the market cap, the less likely they are to disappear.

10. There is a ton of manipulation in the crypto space. The smaller the market cap, the easier it is to pump and dump a coin. This is why you don't "chase candles" at all...but especially with small cap coins. That's how they lure you in and take your cash.... you see huge growth and invest....then you bought their new boat for em.

11. In order for you to value someone's opinion, you MUST require that they give you sound reasoning for their call. Just saying "buy this coin and you'll thank me later" is ridiculous.

12. IF that company REALLY had some software program that guaranteed results....they wouldn't be taking your money and letting you benefit...they'd be using their software program to get stupid rich.

13. Crypto is 100% NOT REGULATED. Anyone can do anything. And they do. You're on your own and at your own risk. Go slow.

14. 100% ignore anyone who wants to talk in PM or private. The reason they don't want someone else to comment on what they want to say is..... they are full of shit. Likely trying to scam you. If you can't say something about crypto in a crypto forum, it's cause you're full of it.

15. People will ask you to pay for their mistakes. They will tell come online hyping up shit coins so you'll invest and drive up the price so they can sell that coin they've been stuck in for months. Ignore everyone's advice on what to buy & don't waste your time chasing these sort of recommendations.

16. There is a COST for every dollar every day. If you're holding 1k of some stagnant coin, that's 1,000 dollars that aren't growing. Not saying you should never hold. Just realize that it doesn't come without lost opportunity.

You can add yours,
[/s]

don't contact this fellow pls. He's a thief

1 Like

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