A better way to invest in cryptocurrency. - page 11.

MURONDI

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Quote from: Tienquyendahn on January 24, 2019, 04:55:27 AM

I know a lot of people who quitted their day job to trade in the cryptocurrency market.
But it was when the market was good.
In this bear market, they're struggling very hard to survive.
So I think the best way to invest is this :
Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!

market conditions fluctuate up and down, even though the trend is down, we can still use it to make a profit, by using scalping techniques, but really need to be careful when fighting trends.. Grin

Hivalley

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Quote from: GunsLair on January 26, 2019, 02:53:54 PM

I also have some people among my friends who went into the trade in cryptocurrency in 2017. But they didn't give up their main job and did it their extra income. That's why the situation in the market that has developed now "beats" them not so much.

Trading is really stressful and demands time,but definitely not to the extent of staying jobless,it doesn't demand that much time,its not improbable to combine trading with other duties,such as sports,job,recreation etc
It should be easy for anyone with the right mindset and desire to be successful on all fronts
It's foolish staying jobless to trade on cryptocurrency that's so unpredictable,it could leave your poor and hungry.

akram143

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★777Coin.com★ Fun BTC Casino!

Quote from: GunsLair on January 26, 2019, 02:53:54 PM

I also have some people among my friends who went into the trade in cryptocurrency in 2017. But they didn't give up their main job and did it their extra income. That's why the situation in the market that has developed now "beats" them not so much.

Yes considering the trading as main job will be most riskiest thing that we have made a decision like that we need some other business also while caring will not give the exact profit for us but doing trading is also be profitable when you do the right trading tricks and trading methods so this situation will be most profitable for a trader to get more profit.

GunsLair

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I also have some people among my friends who went into the trade in cryptocurrency in 2017. But they didn't give up their main job and did it their extra income. That's why the situation in the market that has developed now "beats" them not so much.

Oilacris

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Quote from: kidoseagle0312 on January 26, 2019, 10:18:10 AM

Quote from: PuertoLibre on January 24, 2019, 04:39:14 PM

Quote from: Autumn_Rain on January 24, 2019, 02:23:20 PM

I like the way you think.
By the way, it was a big surprise for me to learn that many people quit their jobs to earn with crypto.

This thread is half of what crazy people were ready to do in order to get more crypto before it was too late for them. Many people sold their house for investing to cryptocurrencies so i can't imagine where they are living now. Trading can be dangerous if you don't have idea what you are doing..

Oh my goodness, this is the first I read that someone here in the forum sold their house for investing to cryptocurrencies. If I am going to think about, that was a hard decision actually. Especially its been almost 1 year were crypto in this industry are facing bear market which is in bad situation actually. Doing trade here also was too dangerous, that's why We as traders are risk taker.

People here are crazier than you think, i don't know if they were just obsess about of the bull run or they were just stupid making decisions without even thinking what risk they were facing.
Trading is not that dangerous ones you have enough knowledge in the market as you were trading you will learn more too on the way.

kidoseagle0312

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Quote from: PuertoLibre on January 24, 2019, 04:39:14 PM

Quote from: Autumn_Rain on January 24, 2019, 02:23:20 PM

I like the way you think.
By the way, it was a big surprise for me to learn that many people quit their jobs to earn with crypto.

This thread is half of what crazy people were ready to do in order to get more crypto before it was too late for them. Many people sold their house for investing to cryptocurrencies so i can't imagine where they are living now. Trading can be dangerous if you don't have idea what you are doing..

Oh my goodness, this is the first I read that someone here in the forum sold their house for investing to cryptocurrencies. If I am going to think about, that was a hard decision actually. Especially its been almost 1 year were crypto in this industry are facing bear market which is in bad situation actually. Doing trade here also was too dangerous, that's why We as traders are risk taker.

iv4n

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Quote from: pawanjain on January 26, 2019, 07:33:30 AM

Quote from: Tienquyendahn on January 24, 2019, 04:55:27 AM

I know a lot of people who quitted their day job to trade in the cryptocurrency market.
But it was when the market was good.
In this bear market, they're struggling very hard to survive.
So I think the best way to invest is this :
Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!

That is what I have been doing all this while. We have to be smart and not greedy in order to earn money. This bear market has taken down many people's investments.
I can't believe what the people who left their day job for crypto must be going through in this bear market. Crypto is such a volatile market. If there are chances of getting rich overnight then there are equal chances of going the opposite way and I guess this is what has happened here. Playing safe while taking minor profits is the best thing to do when it comes to crypto Grin

Its not taken down investments made before 2017! There is a saying "don`t keep all of your eggs in one basket!" and this is what op is trying to say here with his example, with other words. In more different investments you take a part, more safe you are. Have something in gold, have something in crypto, have something in real estates, if one market goes down or suffer from any downtrend you have other investments and you don`t worry too much. Where the money comes from, job, investments, freelancing, or anything else that`s better, if one stuck you have other possibilities.

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Quote from: Tienquyendahn on January 24, 2019, 04:55:27 AM

I know a lot of people who quitted their day job to trade in the cryptocurrency market.
But it was when the market was good.
In this bear market, they're struggling very hard to survive.
So I think the best way to invest is this :
Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!

That is what I have been doing all this while. We have to be smart and not greedy in order to earn money. This bear market has taken down many people's investments.
I can't believe what the people who left their day job for crypto must be going through in this bear market. Crypto is such a volatile market. If there are chances of getting rich overnight then there are equal chances of going the opposite way and I guess this is what has happened here. Playing safe while taking minor profits is the best thing to do when it comes to crypto Grin

Indrawan77

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I agree, people shouldn't make crypto trading as their main income, the market of crypto is really fluctuative and the bear market could last very long, its too risky to depend your basic need with the crypto trading, many of my friends regret to quit their job after experience the long bear market, make trading as your side income, if the market is not too good then just wait for longer term

Bunsomjelican

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Quote from: Tienquyendahn on January 24, 2019, 04:55:27 AM

I know a lot of people who quitted their day job to trade in the cryptocurrency market.
But it was when the market was good.
In this bear market, they're struggling very hard to survive.
So I think the best way to invest is this :
Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!

Your tips was nice and I don't see any wrong with it, in fact, since we are in bear market season the only things we can do for us to earn altcoins or bitcoin is to do day trade in the exchange depending on your trusted platform. We have so many options here for us to get a part time or sideline job here, you can participate in bounty campaign depending on your skills. Because in bounty we have here translation, social bounties such as Facebook, Twitter, Telegram, Reddit, Instagram, then content creator/youtube blog something like that.

GreatOrchid

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Quote from: playboy654 on January 25, 2019, 08:18:54 PM

Quote from: bitcoin31 on January 25, 2019, 09:37:22 AM

No need to quit their job because they can do both.

Don't consider cryptocurrency Assam main job for your lifetime because it changes anytime doing the cryptocurrency as your side job will be the right idea you will definitely need some stable income also.

Its not that we can't treat cryptocurrencies as our major source of income as compared to other centralised jobs. Even cryptocurrencies have the stability to make us financially stable with huge turnovers. Investment in good schemes can also make us grow our profits just by watching the graphs. Cryptocurrencies always offers a variety of options infront of us for earning passive income.

Sum24

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Quote from: bitcoin31 on January 25, 2019, 09:37:22 AM

No need to quit their job because they can do both.

For sure no need to leave your job because we can easily carry both of them. The beauty of crypto currency investment is that it never distracts you from your other activities as you can do day job and at night you can spend some time with it the same way you can join bounties so that it will give you some additional income to invest further.

playboy654

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Quote from: bitcoin31 on January 25, 2019, 09:37:22 AM

No need to quit their job because they can do both.

Don't consider cryptocurrency Assam main job for your lifetime because it changes anytime doing the cryptocurrency as your side job will be the right idea you will definitely need some stable income also.

bitcoin31

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No need to quit their job because they can do both.

IncredibleX

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I would like suggest you to gain complete knowledge about cryptocurrency before trading. You need to decide which coins will be best and trading exchange and need to decide about time to invest.

Savemore

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Quote from: Tienquyendahn on January 24, 2019, 04:55:27 AM

I know a lot of people who quitted their day job to trade in the cryptocurrency market.
But it was when the market was good.
In this bear market, they're struggling very hard to survive.
So I think the best way to invest is this :
Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!

For us to have high returns on making investment, we should be prepared to the risks that we are going to take and also we should have plan for us to easily overcome the unexpected situation that we are going to face.

Reid

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The best way would be, do not quit your job.

It aint a wise decision for me. Yes, at the start you could focus into trading but when you have the full knowledge with trading it will get easier and it wont eat a lot of time.

What will you do with those spare time? It is not a good reason to say "just so you could focus in trading".

The problem is: Can you get back that job you quit?

Bosx1ne

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Quote from: gilangIDR on January 24, 2019, 05:38:59 AM

Quote from: Tienquyendahn on January 24, 2019, 04:55:27 AM

I know a lot of people who quitted their day job to trade in the cryptocurrency market.
But it was when the market was good.
In this bear market, they're struggling very hard to survive.
So I think the best way to invest is this :
Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!

That is a fact because many of my friends have finally left work in the real world and then concentrated in the crypto world, precisely in the world of trading. trading is one very interesting job because it provides many benefits for the perpetrators. Trading can be learned and our skills can increase when our experience increases. We all have the same opportunity to be able to make a profit, believe Trading can provide success for us all. This is an interesting type of work and also brings us a lot of money.

Yeah there are now many people who prefer to trade cryptocurrencies than to focus in their job but most of them are now regretting their decision because of what happened in the market. We should always be careful on our decisions for us to fave less risks.

imstillthebest

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Quote from: ongkok87 on January 24, 2019, 10:27:59 PM

Quote from: Yamifoud on January 24, 2019, 07:17:32 PM

Quote from: crzy on January 24, 2019, 06:18:45 PM

Quote from: rosezionjohn on January 24, 2019, 01:29:29 PM

You may also add this on that list - spend time learning how to trade and how to analyze projects to invest into rather than just throwing 20% of your monthly income.

It should be so your savings will be worth it and it will not lose easily. A better way to invest is when you know what and when to buy, yes you have the money but you should not forget first to learn. Having a stable job is also better than to do full time in trading which is too risky.

It have 2 things to prepare before to start in trading, first is your self(be sure you are knowledgeable enough) and 2nd is capital(enough capital and possible not from lending institutions). If you bring all of this things, you'll certainly be making profit and no worries to pay interest from a lended money.

really true but if my advice that we must be obliged to do is we need a lot of knowledge about investment knowledge in crypto, because that will be the way of our success

knowledge is power but without power theres also no knowledge . thats a popular old qoute but thats true and i believe on it . we must have both of the traits in order to achieve the success in trading . power means we have enough capital and battery ( for our gadgets ) to connect online and most important is the knowledge so that we can perform effectively . trading is a good way if we already invest in crypto but aside from that , we can also do other things such buying and selling items using crypto as payment method . that is also a better option for growing our crypto busines .

keanne_isaac

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Quote from: Tienquyendahn on January 24, 2019, 04:55:27 AM

I know a lot of people who quitted their day job to trade in the cryptocurrency market.
But it was when the market was good.
In this bear market, they're struggling very hard to survive.
So I think the best way to invest is this :
Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!

This was during 2017 where crypto become bullish and almost coins are surging its value several times it seems its easy to esen money during those time but when 2018 entered market correction began and until now crypto price is struggling in the floor and i think lot of new investors sre losing money a lot. Your recommendation is very helpful as it makes people invest little by little with out too much worrying their losses.

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