A better way to invest in cryptocurrency. - page 4.

geegaw

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Quote from: MFahad on May 15, 2019, 11:39:42 PM

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!

You are talking about 2017 when crypto currency give us a lot of profit and mostly people they quit their jobs and started working on trading and no doubt in trading they have earned a lot of money. But in 2018 was not good years for all traders, especially for those persons who quit their jobs and only choose trading.
But we learn from our mistakes, i also think everyone should have a side job or business where he get a monthly income for their monthly expenses.

Well, 2018 is really a year of awakening for many people, especially traders who always spend all their time on the market and give up their main jobs, they recognize the risks and problems they can face when they rely on trading to make money, they understand that they need a stable job to maintain life, instead of leaving all and living with trading. However, many people still spend part of their income each month on crypto, that's good but they should know that the risk is always proportional to their capital, they should control that ratio accordingly

LimLims

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1xbit.com

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's really a great plan and to be veey much honest it can really helpful.
But OP you will be shocked to know that many of the people who are in the field of cryptocurrency do this.
Not only they, i myself does the same.
It's for me and many others a passive income.
And also if we face some losses then we accept it as this is not the only source of money.
Nevertheless thanks for the info always.

redsun114

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Quote from: Kiweikoo on May 14, 2019, 01:18:40 AM

Quote from: traderethereum on May 11, 2019, 11:48:37 AM

Quote from: Gridness on May 09, 2019, 10:02:14 PM

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!

I am the one who stopped working because of crypto and now has to fight hard for everyday life. your idea is good.

You are a brave person who stopped working because of crypto, and you are one of many people who can do that.
I am sure you very believe with the cryptocurrency, so you make an important decision to choose cryptocurrency as your job.
For people who can do that thing, they are a hard worker, and they have a big dream which they can achieve in the future.
If you can invest your money in cryptocurrency in any profitable coins, then you will have a chance to make a big profit in the future.

I think it is very important to have many business and many sources of money flow and not just one risky source. This could lead to chaos in future because you do not get what you want in crypto market. There might be an extended recession and you would not be able to make good money in the recession so things would be way too tough for you this is why you need to diversify.

If you are able to make some good money in your business, it means you have invested your money in the best way. This is important from an entrepreneur’s point of view that his investment decision be good enough to give him good return. I think that your decision would be the best decision if you speculate in Bitcoin right now to claim your part if the profits that so many people are willing to do.

jonaire99

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Having a permanent job is better than investing your time in cryptocurrency because your income is secured and continous. Earnings in cryptocurrencies varies and it always contains risks because of volatility and price cycle. Presently, the cryptocurrency market is experiencing a bull rally because of bitcoin and many altcoins had continuing price uptrend but I still prefer to have a secure employment and trade only when there is enough time.

marketone

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Quote from: MFahad on May 15, 2019, 11:39:42 PM

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!

You are talking about 2017 when crypto currency give us a lot of profit and mostly people they quit their jobs and started working on trading and no doubt in trading they have earned a lot of money. But in 2018 was not good years for all traders, especially for those persons who quit their jobs and only choose trading.
But we learn from our mistakes, i also think everyone should have a side job or business where he get a monthly income for their monthly expenses.

Trading is an unpredictable job, which we don't know how long we are going to make a profit and the market situation cannot be the same always, so we should sell the coin when the market is in upwards trend and start investing when the market is completely in a down trend. We shouldn't quit the job for the sake of trading.

MFahad

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Eloncoin.org - Mars, here we come!

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!

You are talking about 2017 when crypto currency give us a lot of profit and mostly people they quit their jobs and started working on trading and no doubt in trading they have earned a lot of money. But in 2018 was not good years for all traders, especially for those persons who quit their jobs and only choose trading.
But we learn from our mistakes, i also think everyone should have a side job or business where he get a monthly income for their monthly expenses.

Caladonian

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Activity: 1302

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Quote from: ufaiz50 on May 15, 2019, 11:05:40 PM

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 advice is quite interesting, but why should we invest 10% -20% to crypto? because of the possibility of rich? the risk in invesment you can lose in it and the money you set aside, 10% -20% can be lost for free, actually I don't really accept opinions about "invest what you can volunteer" while the purpose we invest is profit.

You have your own way, maybe OP feels comfortable with 10-20% of his/her salary income to invest after having a real job, it's alway good for anyone to follow his own way and not to rely with anyone, if you love to make things worthy aside from your money invest also your time to understand the whole
setup of this investment process, after you have a good knowledge for sure you'll find comfort whatever market trends is showing around.

Invest and expect benefits out from your money, that's the sole purpose and real intentions of it.

ufaiz50

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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 advice is quite interesting, but why should we invest 10% -20% to crypto? because of the possibility of rich? the risk in invesment you can lose in it and the money you set aside, 10% -20% can be lost for free, actually I don't really accept opinions about "invest what you can volunteer" while the purpose we invest is profit.

airdagon

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I agree with you, your method is very good for workers who want to invest in the crypto market but with a low risk.

Mehr Sher

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In my view, the best way is through trading since it’s how you can gain in almost every and any situation. Although, I am not entirely against the Crypto dealing directly, but it is often too risky and challenging, so that’s where I have so much more preference with Crypto Broker, where not only there are benefits like leverages and bonuses but also a lot more. This is all really what makes life easier and simpler and also is far more beneficial too.

Zyaire

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The traders who are feeling difficult to invest in crypto or the one who is worried that they are losing their cryptos can make money other ways for some time and later they can invest in cryptocurrencies. I found some of the useful ways for investing in cryptos are joining few genuine airdrops, cloud mining also will help to gain massive income with cryptos. Also there are many referral programs and giveaways that are given at exchanges, check and join all those to make some profit.

Once you feel that you are stable and have enough money with you to invest in cryptos then you are good to go in investments. Also, check the market price. Buy when the price is low and hold until the price reaches a good range and stable. Sell when the price is high and stable for long time.

OrangeSeller

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Quote from: olamidey on May 12, 2019, 07:34:32 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!

You know, I could relate with this. At a time I left my paying job, crypto was booking then and made so Much money. After sometime, the dip came in and lots of traders were skeptical of investing in cryptocurrency. But the wait finally paid off after it picked up again and presently we're in profit. I believe you shouldn't invest more than what you can loose. This will save you from uncertainties and keep your finances safe

This is nice. In fact this is what the wise guys in crypto market do. They do not let go due to the fall in the value and rather try to accumulate more and more as the cost of investment in such a situation is normally down but this pay off in days to come like you guys have been enjoying and, making profit. The expansion in the circle of crypto would be a great step towards general adoption.

bitgolden

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Quote from: dmty.0809 on May 13, 2019, 10:48:32 AM

Quote from: proTECH77 on May 07, 2019, 05:50:47 PM

Quote from: FUD Expert on February 03, 2019, 01:49:09 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!

I don't like the idea that they should continue to invest every month because they can just hold their remaining tokens during this winter market. And we aren't still sure that the bulls are coming back in a few years because it can also be extended up to 5 years and so on.

Personally, i have be holding some coins over since 2017 ending where the bull run stopped. I bought some coins when the market price was $19,234 hopping that the market price will go up but it never did, so, i decided to hold my coins till the market get back to where i bought exactly before sale. Hold if you can and sell if you are convince to do.

Your experience as I experienced it too. When Bitcoin reached its highest point in 2017, I foolishly did not sell anything, instead I bought altcoin which is now a waste! Luckily for those who still hold bitcoin at this time. I am sure that bitcoin will go out in the near future.

LOL, I guess you are also seeing bitcoin recovery price as the last ATH, which we will surely see, we just have to be little bit more patient, that is why we have it as long term investment, and if we look at bitcoin long term investment, there is no fixed time as to when the time will come, but a factor must definitely make it come within a short term.

If I were you, I would have used those altcoins to recover by selling them into BTC, you keep using those altcoins you sold to BTC to buy dip and take profit every time you see an opportunity, in which by now, you may have almost recovered your money.

werokez

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Quote from: zaarariba on May 14, 2019, 08:31:30 AM

Quote from: werokez on May 14, 2019, 08:26:58 AM

Quote from: zaarariba on May 14, 2019, 08:23:27 AM

Quote from: werokez on May 14, 2019, 08:10:25 AM

Quote from: zaarariba on May 14, 2019, 08:06:32 AM

Quote from: werokez on May 14, 2019, 07:53:31 AM

Quote from: zaarariba on May 14, 2019, 07:35:20 AM

You can even apply to some bounty campaign

Doubtful idea I guess

why you think so? I think for now it’s the best way for investing, many start-ups usually incorporate bounty programs as a part of their campaign

of course, but I don’t know is it worth to believe in it and can you really win

It depends on programs, you can just participate in some small clear campaigns like bounty campaign velvet.exchange

Oh I didn’t know they have bounty programs

Recently they made the first, to celebrate new website. You can read about it if you want https://medium.com/velvet-exchange/our-first-bounty-program-launch-participate-and-get-the-reward-70bd5c7de213?fbclid=IwAR3NlRF7Q5dQ_J8KqYHbo3DT51baawZik9zXQrHtaofkh_gVGf5mLlj3rNE

thanks! maybe I’ll try

calya

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Quote from: ?? on ??

Quote from: Adhichan on May 14, 2019, 07:49:47 AM

Quote from: Kiweikoo on May 14, 2019, 01:18:40 AM

Quote from: traderethereum on May 11, 2019, 11:48:37 AM

Quote from: Gridness on May 09, 2019, 10:02:14 PM

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!

I am the one who stopped working because of crypto and now has to fight hard for everyday life. your idea is good.

You are a brave person who stopped working because of crypto, and you are one of many people who can do that.
I am sure you very believe with the cryptocurrency, so you make an important decision to choose cryptocurrency as your job.
For people who can do that thing, they are a hard worker, and they have a big dream which they can achieve in the future.
If you can invest your money in cryptocurrency in any profitable coins, then you will have a chance to make a big profit in the future.

I think it is very important to have many business and many sources of money flow and not just one risky source. This could lead to chaos in future because you do not get what you want in crypto market. There might be an extended recession and you would not be able to make good money in the recession so things would be way too tough for you this is why you need to diversify.

that's right dude, and now i am trying to have another source income not only from bounty campaign.i want to save my cryptocurrency asset while i have income that used to fullfilled my daily needs.

You should look for a real job and receive a salary every month and you also play bounty every day. It will be enough for you and your future.

good sugesstion for us.so by working in regular job and bounty campaign as side job we will have more saving for our future.moreover if we save bitcoin for next 2 years later , maybe we will be rich man then.

zaarariba

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