Quote from: DOH! on Today at 03:18:57 PM

Quote from: len01 on December 23, 2022, 06:10:23 PM

Quote from: Fredomago on December 23, 2022, 07:54:19 AM

Better not, you need to do your own research and analysis in finding the right way with your investment, following other's strategy might lead you to lose your money, they have sets of plan just in case the market will not favor the position that they have while you don't have anything and if fear will dominated you, the chance that you will sell your holdings during the bear market and unable to recover once the market start to bounce back.

because every investor has different goals and has a different strategy.
So if someone wants to invest in coins or altcoins that are just following other people's words, that would be like suicide.
because what other investors are planning we will never know and they have a way to cover losses when an accident occurs to the coins they hold.
Meanwhile, if we follow other investors, we will definitely be confused about what to do when the coin we hold that is the same as another investor crashes and we will only lose.
so it's really not recommended to invest in following other people.

Great. Totally agree. We are here to exchange, learn and think about reasonable investment thinking according to each person's own conditions. Each person needs to have their own investment stance and the recommendations or suggestions here should be combined and reinforced, building their own conclusions. Wanting to invest does not have to be imitations, puppets... it's completely suicide with the money spent on investment if you think not seriously about this issue.

Yup, if you don't have the knowledge then you are really risking your money, there are things that you needed to analyze and not just to blindly follow those tips or this information which is being shared by people who already engage to this business, they have their own ideas regarding to why they are picking the assets that they investing their money.

They can easily adjust if ever there's something not right happened to the market, unlike you who are just relying on them, you will find yourself losing a lot when collapse happens and you are unprepared.