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Topic: about cryptocurrency (Read 253 times)

hero member
Activity: 1386
Merit: 650
Always Act Smart and Play Safe With Your Funds
December 10, 2022, 09:05:30 AM
#28
Well if may advice you on when to invest is not pretty cool and because I m not the one who is raising the fund for you. I think you might have came across lot of Information about crypto currency but what I sense here is for you to know the right coin to invest instead. To start with, bitcoin is more preferable to invest and hold since all other cryptocurrency are being driven by bitcoin.
hero member
Activity: 1498
Merit: 950
Bitcoin Casino Est. 2013
December 10, 2022, 08:12:26 AM
#27
Like most other transactions in the digital world we are using in alternate is a cryptocurrency and because of its market volatility people can make a good profit on it besides from that case is people now adopting cryptocurrency as one of the upgrade versions of the mode of payment because of being transparent because of the blockchain it can give access to the people about the transactions all of the payment can now easily trace with the connection of each block.
sr. member
Activity: 672
Merit: 490
December 10, 2022, 03:19:24 AM
#26
I'm really curious about what you all think about cryptocurrency. I've been wanting to start investing in it for a while now, but I feel like I don't know enough about it to make good decisions. Do you have any advice?
Curiosity kills the cat  Undecided ! It's good you're curious about but you're rather curious in the wrong direction, you should rather be curious about cryptocurrency how it operates and it's modalities by doing your own thorough research about it to get to know the areas you  lacking in knowledge instead of looking forward to what other person's think about cryptocurrency. The next man thought might not fight into your own model compared to when you do your own research, seeing the difference and integrating it .
It's better you wait no more cause the more you wait the more time you waste in grabbing the opportunities. As long as you have the money go ahead and invest and make sure to have an investment plan either for a long term or short plan. Am sure you will do well!
sr. member
Activity: 546
Merit: 420
I buy all valid country Gift cards swiftly.
December 10, 2022, 12:03:14 AM
#25
Did this account change hands or did you suddenly have amnesia?
I think you've started since last year and have reached a good stage of investment experience.
In my business there are many clients who prefer to use cryptocurrency for payment. And I can make dozens of transactions in one day...

You're also quite good at commenting and citing various sources  Tongue
https://bitcointalksearch.org/user/luckypenguin-3363558

I saw your comment and I had to view through the profile of OP and I also got scared that this very thread might also someday be moved to off topic because almost all your topics and writings are sites in off topic and that isn't a nice move.
I think you should do more of reading than writing because most of the questions you ask are already answered and it will be more better you do alot of reading than writing possibly for now.
As a crypto beginner, I will advise you to take more time to study about cryptocurrency especially about the stable coin, ad I also believe you must have heard the name Bitcoin countless times over other coins, this is because it is the most preferred coin and you should also focus more on knowing about it before thinking of making an investment on it.
hero member
Activity: 896
Merit: 584
BTC, a coin of today and tomorrow.
December 07, 2022, 03:41:21 PM
#24
I'm really curious about what you all think about cryptocurrency. I've been wanting to start investing in it for a while now, but I feel like I don't know enough about it to make good decisions. Do you have any advice?
This time is a digital time for someone to understand what a cryptocurrency is all about without asking in a big kingdom of bitcointalk community, because it's very possible and understanding that cryptocurrency can be easily known it genesis from internet, people understand and now become more better in cryptocurrency because of they devote out time to search or make inquiring concerning Bitcoin.
It is not out of place that someone came into this ommunity to ask about cryptocurrency. If you said that he should research the internet to get answers about cryptocurrency, I can also say that there is internet and he is researching here.
I have always learnt about Bitcoin in this forum more than on google. If you google a question and the answer comes and you don't understand it , you will have no option than to keep googling but in this forum when you ask a question there are many answers even when you don't understand the answers the person that answered it will return and explain more to you
hero member
Activity: 1386
Merit: 655
Bitcoin is achievement
December 06, 2022, 07:28:02 PM
#23
I'm really curious about what you all think about cryptocurrency. I've been wanting to start investing in it for a while now, but I feel like I don't know enough about it to make good decisions. Do you have any advice?
This time is a digital time for someone to understand what a cryptocurrency is all about without asking in a big kingdom of bitcointalk community, because it's very possible and understanding that cryptocurrency can be easily known it genesis from internet, people understand and now become more better in cryptocurrency because of they devote out time to search or make inquiring concerning Bitcoin.
full member
Activity: 1470
Merit: 132
BK8 - Most Trusted Gambling Platform
December 06, 2022, 06:07:14 PM
#22
I'm really curious about what you all think about cryptocurrency. I've been wanting to start investing in it for a while now, but I feel like I don't know enough about it to make good decisions. Do you have any advice?
The main questions for you:
1. Are you ready for crypto investment? Including the risks not only the profit expectation?
2. have you learned about the cryptocurrency world and industries? Here, ensure that you really understand what you are going to invest. Never do blind investments that will make you regret it someday and then hate this turn.
3. Ensure that you are using free money that you can afford to lose. once your assets are decreasing or losing, you do not mind of them. So, this will not disturb your life and finances.

I only want to recommend you invest only in Bitcoin, for you are new to this and you need to invest in something that is more sure enough. Never trust anyone who promise you big profits from investing the altcoins, read: shit coins.
legendary
Activity: 2632
Merit: 1208
Once a man, twice a child!
December 06, 2022, 05:52:03 PM
#21
Did this account change hands or did you suddenly have amnesia?
I think you've started since last year and have reached a good stage of investment experience.
Good one. I was so sure I had read something of that nature where the said user encouraged others to make use of cryptos for payment, and now they suddenly turn to ask what cryptocurrency is, like they lost their mojo? That's ludicrous, to say the least. Either what you suspected of accounts changing hands happened or the user is merely seeking idle conversation.
legendary
Activity: 1456
Merit: 1332
December 06, 2022, 05:01:30 PM
#20
It is difficult to answer this question without knowing exactly what you are looking for, but in general, as with other financial choices, the best advice is to do some thorough research before deciding on how to invest your money. Make sure you really understand what cryptocurrency is before you invest, and be cautious.

For me, the most important thing is to believe in cryptocurrency as a technology. I have looked into it, and it is pretty awesome, but from the perspective of someone who is not technically minded. It definitely has its unintuitive quirks but that is because it's new and does not fit the systems we have used so far. The best thing for me is that it is not created by any big company, although some have jumped on board! So, I think that blockchain and cryptocurrencies will play an increasing role in how we live in the coming years.
sr. member
Activity: 1036
Merit: 311
December 06, 2022, 04:35:55 PM
#19
One of the most exciting things about cryptocurrency and blockchain technology is that it's constantly evolving—new directions are emerging all the time. It can be hard to keep up with all of the new developments. I've found that reading a variety of sources and comparing them helps me get a more complete picture of what's going on in the industry.

For a beginner like OP, Bitcoin should be the start point. Reading varieties of sources will crowd the minds with too much information that might lead to confusion and complexity. A good investor start from simple and reliable investment like Bitcoin and grow from there. Investing in Bitcoin isn't 100% risk free but it has more advantage than other cryptocurrencies, for now the most reliable.

Comparison is best done when there is a good  knowledge of one coin and a good start should be Bitcoin for the sake of limited risk. Reading variety of sources when no initial idea or experience is gathered will give the investor multiple choice to chose and most of the times the chance of going for shit coin is  higher.
hero member
Activity: 896
Merit: 584
BTC, a coin of today and tomorrow.
December 06, 2022, 03:43:15 PM
#18
I'm really curious about what you all think about cryptocurrency. I've been wanting to start investing in it for a while now, but I feel like I don't know enough about it to make good decisions. Do you have any advice?
My advice might not be among the best and it might also not be acceptable by you and majority of the people in this forum but I will still have to give the advice in case you may consider it.
If you feel that you do not understand much about bitcoin and cryptocurrency I will advise you to keep your money intended for investment and first learn about cryptocurrency and Bitcoin, it will not take forever.
A good attention given to It for 1 to 2 weeks will give you what you need to start. Only when you have good knowledge of the Bitcoin and cryptocurrency at large you can invest. There will always be an investment opportunity in the market
jr. member
Activity: 52
Merit: 16
December 06, 2022, 02:37:17 AM
#17
I'm really curious about what you all think about cryptocurrency. I've been wanting to start investing in it for a while now, but I feel like I don't know enough about it to make good decisions. Do you have any advice?
Cryptocurrency is a digital currency that performs a p2p transaction. Many people nowadays think that cryptocurrency is more on investment and money making. I have been seeing many posts in social media platforms about crypto farming and unfortunately, most of the newbies are the victim. Because we thought that crypto is just an investment. So, I think it is good to learn first in cryptocurrency before earning.
hero member
Activity: 742
Merit: 684
December 05, 2022, 02:55:54 AM
#16
I'm really curious about what you all think about cryptocurrency. I've been wanting to start investing in it for a while now, but I feel like I don't know enough about it to make good decisions. Do you have any advice?
The crypto market is currently down, so now is the time to invest; if you want a trusted and reputable coin to invest in cryptocurrency, do your own research before investing in any coin, but buy Bitcoin as a start because the price is very low now.
Avoid storing your Bitcoin in centralized exchanges because they will have control over your coin; instead, keep it in a personal wallet where you will have access to your private key.
hero member
Activity: 2352
Merit: 854
December 04, 2022, 11:35:10 PM
#15
Start with whatever you can afford to lose, you will gain experience and learn on your own. Knowledge without experience is futile.
legendary
Activity: 1540
Merit: 1274
December 02, 2022, 08:38:42 AM
#14
I'm really curious about what you all think about cryptocurrency. I've been wanting to start investing in it for a while now, but I feel like I don't know enough about it to make good decisions. Do you have any advice?

Now may be the best time to invest, so if you have spare money, start investing in bitcoin after you have learned the basics of using wallets, securing your money, trading, buying bitcoin, and storing seeds securely.

Most cryptocurrencies are similar. After you learn about Bitcoin, you know 60% of cryptocurrencies. Wait and start with small amounts,  buy Ethereum. With experiments, you will learn how to benefit from price fluctuations and always withdrawal yuor profits in BTC.

Always put an appropriate amount of cash, and plan if the price collapses at any moment so that the minimum price drop will be a gain for you.
newbie
Activity: 7
Merit: 0
December 02, 2022, 07:14:36 AM
#13
Here's the lesson we've got this year - do not keep your funds on exchanges. Opt for a self-custodial wallet to hold your public and private keys. When I started diving into the topic, found a superb guide on the topic: https://oneart.digital/en/blog/crypto-wallets-for-beginners
legendary
Activity: 2016
Merit: 1313
November 29, 2022, 02:32:52 AM
#12
I'm really curious about what you all think about cryptocurrency. I've been wanting to start investing in it for a while now, but I feel like I don't know enough about it to make good decisions. Do you have any advice?
Cryptocurrency is a digital asset that helps in a lot of ways on different industries. Mostly considered it as an alternative approach to financial transactions over every sector which has been proven useful to some. But its not perfect there are also some cons on using it which you should learn first before trying out to put some money on it.
mk4
legendary
Activity: 2716
Merit: 3816
🪸 NotYourKeys.org 🪸
November 29, 2022, 12:32:22 AM
#11
I'm really curious about what you all think about cryptocurrency.

You're asking Bitcointalk — a Bitcoin/cryptocurrency community what they think about cryptocurrencies. You know what answer to expect, right?


I've been wanting to start investing in it for a while now, but I feel like I don't know enough about it to make good decisions. Do you have any advice?

Study it and make your own decisions.

* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

Security related:
* https://cryptosec.info
* https://www.lopp.net/bitcoin-information/security.html

If you want to get more technical
* https://github.com/bitcoinbook/bitcoinbook#chapters
* https://github.com/ethereumbook/ethereumbook#chapters
legendary
Activity: 1386
Merit: 1107
November 28, 2022, 06:15:04 PM
#10
There are very few cryptocurrency out there that one can invest with and feel safe. The top and only advisable one on that list is Bitcoin.
Before that, it would be of advantage for you to first of all, understand that bitcoin is just money and your entitled to its safety. You've got to understand the concepts behind wallets, private keys, seed phrases and exchanges.
Know that, you don't expect any form of a roling investment plan that requires you to invite people to earn more (that would be ponzi and bitcoin is no ponzi). You either get to trade or perhaps, you buy and hold which would be the most for those without experience. Just ensure your ready to hodl on a long term.
sr. member
Activity: 644
Merit: 301
November 28, 2022, 12:57:52 PM
#9
I'm really curious about what you all think about cryptocurrency. I've been wanting to start investing in it for a while now, but I feel like I don't know enough about it to make good decisions. Do you have any advice?
You can bank on the knowledge and experience of a friend and take this opportunity now the price of bitcoin is low to invest, but you will also have to dedicate yourself to learning as much as you can as quickly as you can. I say you should invest and learn along the way because waiting to know enough first can make you miss the opportunity to invest now the prices are low. You can also lose interest if you are waiting to learn everything first, invest now, so you will be dedicated to learning more about where you have put your money.
sr. member
Activity: 2044
Merit: 329
November 28, 2022, 12:22:13 PM
#8
I'm really curious about what you all think about cryptocurrency. I've been wanting to start investing in it for a while now, but I feel like I don't know enough about it to make good decisions. Do you have any advice?

all you really need is "patience" because your steps to start investing in cryptocurrency are correct, but from the history of the posts you made, I see that you have an interest in NFTs, I advise you to be careful with that, if indeed you are a novice investor who is just learning about cryptocurrencies, you should choose cryptocurrencies that already have a strong foundation like "Bitcoin".

slowly you should try to explore this forum and read more because there is a lot of knowledge spread in this forum. I hope you can make money as soon as possible from cryptocurrency (but don't make "money" which is your main goal in cryptocurrency).

hero member
Activity: 1442
Merit: 771
November 28, 2022, 11:14:59 AM
#7
[1] https://www.investopedia.com/terms/c/cryptocurrency.asp
[2] https://en.wikipedia.org/wiki/Cryptocurrency

You can read all of the above about cryptocurrencies I think it's explained there and you might read longer to understand.

If you don't know enough about investing in cryptocurrencies then you have to learn to understand everything, don't just invest following market trends, so obviously there must be a careful plan before doing so I suggest you to learn from that knowledge.
legendary
Activity: 3500
Merit: 6205
Farewell LEO, you *will* be missed.
November 28, 2022, 10:41:47 AM
#6
I'm really curious about what you all think about cryptocurrency. I've been wanting to start investing in it for a while now, but I feel like I don't know enough about it to make good decisions. Do you have any advice?

My advice is to learn as much as you can as fast as you can. And don't take rushed decisions.
* Crypto and bitcoin investments are different, with different risk levels. You may want to ignore everything that's not bitcoin until you "level up".
* Bitcoin price is very volatile. This means that if you don't know what you're doing and you're just rushing it, you can easily buy high and sell low. Now most tell that the price will soon start going up; there's no guarantee it will do so.
** Learn the basics and see if you get to indeed trust that bitcoin price will go up
** Make sure you invest only money you afford to lose or keep locked in bitcoin for long
** Learn about DCA
** Learn the difference between Bitcoin and "whatever Bitcoin" (various altcoins with Bitcoin in their name)
** Learn how to keep your bitcoins safe (learn to use a wallet, transactions and transaction fees, may buy a hardware wallet)
** Learn how to withdraw the coins to your custody (not your keys, not your coins)

Then you can start enjoying the ride.
You can skip or postpone steps, but it's your own decision to make: time (price) vs knowledge and risks to do things wrong. I don't know where the sweet spot is.
hero member
Activity: 812
Merit: 560
Vave.com - Crypto Casino
November 28, 2022, 10:24:09 AM
#5
I'm really curious about what you all think about cryptocurrency. I've been wanting to start investing in it for a while now, but I feel like I don't know enough about it to make good decisions. Do you have any advice?

Cryptocurrency is broad os wide enough for you to get things complicated as a beginner, but it is wise if you choose to have a good ground with choosing bitcoin frombother cryptocurrencies for a start, this is because bitcoin is not just only the first digital currency but also the most reliable cryptocurrency so far with the high expected values and economic benefit that could place you decentralized and shield against other scan projects or coins, learn about bitcoin from the internet and often read the bitcoin discussion board of this forum, be active and always ask relevant questions that had not been discussed already, use the forum search engine and be committed, you will grow with time.
full member
Activity: 462
Merit: 124
Defend Bitcoin and its PoW: bitcoincleanup.com
November 28, 2022, 08:07:16 AM
#4
I'm really curious about what you all think about cryptocurrency. I've been wanting to start investing in it for a while now, but I feel like I don't know enough about it to make good decisions. Do you have any advice?
Well if you really want to invest in crypto currency that bad, here are some ways you can do to invest
  • ICO
  • Trading
  • Running Nodes
  • Airdrops

ICO - this are coins being offer, at low price but then, there are rules like you need to wait some time for the coin to be given to you.
Trading - This is where you are going to buy a coin in an exchange like binance or use uniswap, metamask to buy, sell coins.
Running Nodes - I also consider this as an investment since you are going to run a node with rewards being given to you, some are gala nodes strong nodes and more.
Airdrop - invest a few dollar for swap or nothing just effort, by joining and finishing task being given.

Although there are lots of ways to invest i have given you some ways, hope i was able to share something, don't hesitate to ask questions here they have a lot of answers so don't be shy.
hero member
Activity: 2002
Merit: 633
Your keys, your responsibility
November 28, 2022, 07:05:48 AM
#3
Did this account change hands or did you suddenly have amnesia?
I think you've started since last year and have reached a good stage of investment experience.
In my business there are many clients who prefer to use cryptocurrency for payment. And I can make dozens of transactions in one day...

You're also quite good at commenting and citing various sources  Tongue
https://bitcointalksearch.org/user/luckypenguin-3363558
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
November 28, 2022, 06:55:15 AM
#2
If you've got a decent amount to invest, you could start by looking at buying bitcoin. If you don't have much to invest but have some spare time you could try growing a brand or a company that can then convert its profits into crypto (or find companies that need things doing).

Don't invest too much at first and expect the market to go down as well as up. Market price is based on demand, if it drops your bitcoin are still worth the same number of bitcoin.
newbie
Activity: 39
Merit: 0
November 28, 2022, 06:51:14 AM
#1
I'm really curious about what you all think about cryptocurrency. I've been wanting to start investing in it for a while now, but I feel like I don't know enough about it to make good decisions. Do you have any advice?
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