@MrJ exactly But yeah that’s the sad part with community like that is that you have people so fucking stressed out for all and everything and that have simply zero patience and zero tolerance to risk but that come in a sphere (investment) that require you to have both (Patience and High risk tolerance).
People also don’t seems to understand the difference between short,medium and long term trades and always join in a huge project under development and somehow expect everything to fast and to make x 100 their investment in like days so they go stupidly all in, selling their car,get a mortgage their house and sell their wife and kids and then they are to the verge of panic every time something move up or down and go crazy when it’s not going back up exactly in the 2 hours range they expected etc.
Golden rules in investment:
1-Spend only what you can afford to loose
2-Never put all your eggs in one basket (Spread your risk into multiple investments not just putting all you have in one)
3-Learn to decide upfront for each investments exactly the reason you invest: Short swing profit, medium x2 profit and leave or Long term investment believing in a project that you plan to leave your money for at least 6 month to 1 year because you trust said project and hope for a 100x + ROI/pos/masternode whatever that will be a long term investment.
4-Never Panic Sell as about 80% of the time you will regret it because either the price will come back up or not only will it go back up but the project will skyrocket and you will hate yourself for leaving too soon and missing profit or even losing money on panic selling
5-Buy in the dip and Hodl till you get your targeted profit
6-Don’t be greedy, do smart investments that are base on something that people want or need, this way you will avoid just joining a Hype or a pump and dump and end up with the bag.
7-CALM THE FUCK DOWN ( if you are a easily stressed or insecure person, consider investing even smaller investement (5-10% of your available stash to try and lower the stress, also put some buy/sells orders to simply make your profit without having to stop sleeping and wasting your time 24/7 in front of a chart or you’ll die young with cancer and shit out of all this stress) if the above still not calming you, consider that investment might be to stressful and that this might not be for you .