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Topic: Advice on how best to protect your capital - page 4. (Read 1125 times)

legendary
Activity: 2324
Merit: 1101
"CoinPoker.com"
While it is true scammers are still running rampant we are seeing signs of improvement, the current growth in the market was driven by bitcoin and while alts still grew in value the majority could not outperform bitcoin, this means that many have lost their desire to invest in icos since they know that most likely they will never see their money again, now ieos are trying to take the place of icos but the hype surrounding them is nowhere close to what we saw with icos on the past.
ICO too was not that popular until around 2017, and I think it was Ethereum that made ICO popular, prior to when ICO became popular, I think 2 years had already gone if we look at the time Ethereum was established, so I think IEO is not getting much hype yet because it is still a new system if we give it another 1 year more, I am sure that it will become more popular than ICO provided that scammers would not also scatter it before it gets to see the hype.

We have some terrible exchanges right now that I see already announcing IEO project and most of the IEO project I see is just like some project that could not scam on ICO and decided o approach some of thesehungryexchanges. So we still have to be quite careful about IEO investments too.
full member
Activity: 868
Merit: 185
Roobet supporter and player!

- Never fully rely on recommendations; always to your own diligent research on any prospect. Do not simply follow the ideas of "experts" or "influencers".
- There is no guarantee;  no investment is a hundred percent fool proof. Even Bitcoin which I would say is the safest cryptocurrency investment does not guarantee profits.
Always keep tabs on your portfolio.

I do not trust these so-called experts anymore, some of them are running ICO rating sites, and we all know they get a quick buck from giving a false rating and they don't care about their reputation, it's their cash cow.

There's no guarantee that Bitcoin will always bring you profit but it's the safest investment and profitable compare to the altcoins in the market, they all follow Bitcoin's performance in the market and that's a fact.
At first they will give you an assurance that you will become profitable once you joined them. But there is no guarantee at all that we will gain money from entering their site or social media. However, many of us are still bait by their fraudulents. Maybe, one way to get out of rid is to be familiar with market strategy so that, we can protect our own capital.
hero member
Activity: 2912
Merit: 642
- Always be skeptical; do not trust a project on first glance. Always look for a hidden threat, by assuming there is one, this makes you dig further into the fundamentals of that project.


I believe just this will get you somewhere.
Very deep that you will smell all the bad odor of one project.
Be doubtful.
Do not be played by their sweet words. All of them does that for you to buy.
Look for negative feedbacks too. Not all of them are trolls or from another company with the same project.
Some of them are really reliable.
Join the telegram group. Make a debate but just do not go under the belt. Still follow the rules while you are questioning them and their supporters.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
The best thing that we can do is always be careful when we want to invest in one or more project, only use the money you can afford, and don't use too big money if you are not sure, or you are sure that the project will be successful because you never know if that will happen or not. Always search for more information about the project so you can get additional information which will help you to decide. All in all, your tips will help people to choose, and they can know what they need to do before they invest.
There is no way to know the chance of a project surviving or not even when they look very good and done some hype about it. It all depends on the strength of the team and also depends on how far they are willing to go and never to get discourage about the project no matter the storm that they face through it. So the best way is to test them first by using the money that will not make us hypertensive, ten after we have tested the project, then we can gradually add more money to it.

When I first got to know about bitcoin, I just put some money in for and waited to monitor the development of the project, it was until I became sure of my capital being safe in bitcoin that I started putting more money into the market. So like you said, one of the best ways to protect the capital is just to ensure it is in the market of a strong crypto.
This depends a lot to be honest. There are a lot of projects that have a good roadmap, plans, a reputable team and are still unable to make it big in the crypto market. No project, no matter how many funds they raise, how many team members they have, is to be a confirmed success. Before investing, I personally make sure they are as little red lights and as big of a chance of the project succeeding as possible, but the best advice I can give anyone else is just - don't invest money you aren't willing to lose.

Regarding ICO's, the market is in a bit of a weird state right now. It's died off from last year, which is good and bad. It's good because there are now fewer scams and the industry is a lot more tight night, as well as there is now a lot more smarter investors and scam/bad icos are getting a lot less attention. The bad part is now there is less variety in investment options, and a lot fewer ICO's in general.

I wouldn't recommend throwing money in ICO's right now. Probably some stable altcoins are the way to go rn.

I will use this "don't invest money you aren't willing to lose" to remind myself, so I can protect my money. I agree with you because that is our reason if we don't want to lose in any investment type, but you never know if you don't try. But we don't have to invest in any investment if you don't want because now, the ICO has not attracted more investor.

I would feel better to invest in the altcoin, which has a history in the past, so at least, I can analyze where the price wants to move. Besides that, we can see that the project still running until now and they are serious with their project.
hero member
Activity: 2730
Merit: 632
Over the past couple of months, cryptocurrency returned marginally back to the good times. This affects almost every sector of this space. Forum activity increases, as people get more interested, up starts try to take advantage of the surge to launch their projects, and scams also increases as Bitcoin ans cryptocurrency becomes a more frequent discussion across social medias, and the target is usually newbies.

If you are new to this, or joined because of the hype, one thing to note is that there are different levels of scams and it's not always easily detectable.
So view every prospect as a scam, until proven otherwise.
It's easy to avoid basic scam attempts like the use of fake accounts or ICO imitations. But, there can be scams hidden beneath legitimate projects.

- Always be skeptical; do not trust a project on first glance. Always look for a hidden threat, by assuming there is one, this makes you dig further into the fundamentals of that project.
- The fact that the project has been successful so far, does not mean it can not still be a hoax; never get too comfortable when you've out your money in an investment. Always be on the lookout for developments and stay close to the process involved.
- Never fully rely on recommendations; always to your own diligent research on any prospect. Do not simply follow the ideas of "experts" or "influencers".
- There is no guarantee;  no investment is a hundred percent fool proof. Even Bitcoin which I would say is the safest cryptocurrency investment does not guarantee profits.
Always keep tabs on your portfolio.
Can't say that bitcoin returned back to it's good times because we had a lot of highs and lows, price was playing very often between 9k and 13k but lately these days, there is really not best but good, normal situation. Yeah, number of scam projects rises but that's not only related to price, that's because people want easy money without any afford. On another hand there are really good news and a lot of people who ruin the name of bitcoin are sent to jail.
Tell me one of those people who ruin the name of bitcoin who are sent to jail?
Going back about price volatility,it is indeed a normal or casual day here on crypto and theres no surprising with that.Now,we are moving sideways with those price ranges but actually we can utilize those movement on making money.

member
Activity: 515
Merit: 12
Over the past couple of months, cryptocurrency returned marginally back to the good times. This affects almost every sector of this space. Forum activity increases, as people get more interested, up starts try to take advantage of the surge to launch their projects, and scams also increases as Bitcoin ans cryptocurrency becomes a more frequent discussion across social medias, and the target is usually newbies.

If you are new to this, or joined because of the hype, one thing to note is that there are different levels of scams and it's not always easily detectable.
So view every prospect as a scam, until proven otherwise.
It's easy to avoid basic scam attempts like the use of fake accounts or ICO imitations. But, there can be scams hidden beneath legitimate projects.

- Always be skeptical; do not trust a project on first glance. Always look for a hidden threat, by assuming there is one, this makes you dig further into the fundamentals of that project.
- The fact that the project has been successful so far, does not mean it can not still be a hoax; never get too comfortable when you've out your money in an investment. Always be on the lookout for developments and stay close to the process involved.
- Never fully rely on recommendations; always to your own diligent research on any prospect. Do not simply follow the ideas of "experts" or "influencers".
- There is no guarantee;  no investment is a hundred percent fool proof. Even Bitcoin which I would say is the safest cryptocurrency investment does not guarantee profits.
Always keep tabs on your portfolio.
I would add researching the background of the company/team involved in the development of the project. Couple of crypto successes in the past brings more trust.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
The ironic thing is that as much as we really give good advise to those newbies around, they still fall for the old trick here. I thought that the market will really improved this year, but it was not the case. Scammers are still on the loose here in the ecosystem and many are still being victimized by them.

Good thing is that we won't stop giving them tips and good advise just like what the OP has share. And I do hope that beginners will take the time to read and educate themselves.

There are a lot of bad actors here, just one slip and your money all is gone, don't be another statistics. Used your common sense, and I'm sure if will save you time and your money in the long run.
While it is true scammers are still running rampant we are seeing signs of improvement, the current growth in the market was driven by bitcoin and while alts still grew in value the majority could not outperform bitcoin, this means that many have lost their desire to invest in icos since they know that most likely they will never see their money again, now ieos are trying to take the place of icos but the hype surrounding them is nowhere close to what we saw with icos on the past.
legendary
Activity: 2674
Merit: 1048
to protect capital there are several ways like you if you want to trade want to be patient investment patience must be mastered and never stop learning also to understand the market situation every day because it is very important for you to be able to benefit

Protecting your capital is like being intellectual in every situation or problem you will encounter right?
Then having a good discussion on handling the money and where it should be, your capital will be safe. Find a good adviser or ask an expert regarding the current market situation, it might help you also.
Indeed, an adviser/expert into cryptocurrency is needed for us to strat and protecting our money to have a little risk. Only give a little risk although we have an adviser for our investment because all investment place must have a risk for every investor, the knowledge and an experience will help to reducing a high risk to a low risk.

But, I don't want to rely on with every my decision to invest in cryptocurreny only for them (advisor) I should have an analyst to start an investment as well. We have to equip ourselves to know which is bad and which is right for our investment. So as I don't need an adviser anymore if I have understood how they gave me an advice to invest and to protecting our money. I won't gulp down crude for each an advice from the advisor, I'll make an analyst again why they give this advice to me.
hero member
Activity: 2198
Merit: 847
Over the past couple of months, cryptocurrency returned marginally back to the good times. This affects almost every sector of this space. Forum activity increases, as people get more interested, up starts try to take advantage of the surge to launch their projects, and scams also increases as Bitcoin ans cryptocurrency becomes a more frequent discussion across social medias, and the target is usually newbies.

If you are new to this, or joined because of the hype, one thing to note is that there are different levels of scams and it's not always easily detectable.
So view every prospect as a scam, until proven otherwise.
It's easy to avoid basic scam attempts like the use of fake accounts or ICO imitations. But, there can be scams hidden beneath legitimate projects.

- Always be skeptical; do not trust a project on first glance. Always look for a hidden threat, by assuming there is one, this makes you dig further into the fundamentals of that project.
- The fact that the project has been successful so far, does not mean it can not still be a hoax; never get too comfortable when you've out your money in an investment. Always be on the lookout for developments and stay close to the process involved.
- Never fully rely on recommendations; always to your own diligent research on any prospect. Do not simply follow the ideas of "experts" or "influencers".
- There is no guarantee;  no investment is a hundred percent fool proof. Even Bitcoin which I would say is the safest cryptocurrency investment does not guarantee profits.
Always keep tabs on your portfolio.
Can't say that bitcoin returned back to it's good times because we had a lot of highs and lows, price was playing very often between 9k and 13k but lately these days, there is really not best but good, normal situation. Yeah, number of scam projects rises but that's not only related to price, that's because people want easy money without any afford. On another hand there are really good news and a lot of people who ruin the name of bitcoin are sent to jail.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
It is true that you should be responsible with your money but these scammers are so smart, they are used to what they are doing which is fooling people out of their money. Not all projects are a scam since there is a lot of them getting profits, but that is shortlived. I think what ruined the ICOs are the hunters that immediately selling of their payment in a lower price resulting into more hunters selling it to more lower prices for their coins to be bought faster than the others.
As a smart investor, I also believe that we should have passed the stage where we should be fooled by any scammer, the only thing that can be justified is if they hacked into our account to steal our fund, but not that we were fooled into leaving the money to them at this age where it is so simple to spot put dirty and useless projects.

I know it is not easy to do research and laziness to do so is what has been destroying a lot of people and making them fall for these bad projects, and one of the best way to still protect our investment is just to stay in a reliable project and in a reliable exchange, once we have these two, then I am certain that whatever investment that we put into the market will be a very safe one that we can make use of at any time.
hero member
Activity: 2996
Merit: 609
to protect capital there are several ways like you if you want to trade want to be patient investment patience must be mastered and never stop learning also to understand the market situation every day because it is very important for you to be able to benefit

Protecting your capital is like being intellectual in every situation or problem you will encounter right?
Then having a good discussion on handling the money and where it should be, your capital will be safe. Find a good adviser or ask an expert regarding the current market situation, it might help you also.
It isn't really necessary to look at for good adviser or expert but somehow sometimes it is good to make them as a preference but not totally a thing for you to rely on.

Protecting capital does really need some good intellect and decision making yet it would vary or depend on situation that we are currently facing.
legendary
Activity: 1722
Merit: 1007
Degen in the Space
to protect capital there are several ways like you if you want to trade want to be patient investment patience must be mastered and never stop learning also to understand the market situation every day because it is very important for you to be able to benefit

Protecting your capital is like being intellectual in every situation or problem you will encounter right?
Then having a good discussion on handling the money and where it should be, your capital will be safe. Find a good adviser or ask an expert regarding the current market situation, it might help you also.
sr. member
Activity: 777
Merit: 251
To protect our capital investment, always look for the top coins at the coinmarketcap. Though we all knew that all investment has always risk at least with reference and guidance about the coin background you already have it. And don't just get easily believe on their promises always look and base on their volume as most often.
hero member
Activity: 1526
Merit: 596
The best thing that we can do is always be careful when we want to invest in one or more project, only use the money you can afford, and don't use too big money if you are not sure, or you are sure that the project will be successful because you never know if that will happen or not. Always search for more information about the project so you can get additional information which will help you to decide. All in all, your tips will help people to choose, and they can know what they need to do before they invest.
There is no way to know the chance of a project surviving or not even when they look very good and done some hype about it. It all depends on the strength of the team and also depends on how far they are willing to go and never to get discourage about the project no matter the storm that they face through it. So the best way is to test them first by using the money that will not make us hypertensive, ten after we have tested the project, then we can gradually add more money to it.

When I first got to know about bitcoin, I just put some money in for and waited to monitor the development of the project, it was until I became sure of my capital being safe in bitcoin that I started putting more money into the market. So like you said, one of the best ways to protect the capital is just to ensure it is in the market of a strong crypto.
This depends a lot to be honest. There are a lot of projects that have a good roadmap, plans, a reputable team and are still unable to make it big in the crypto market. No project, no matter how many funds they raise, how many team members they have, is to be a confirmed success. Before investing, I personally make sure they are as little red lights and as big of a chance of the project succeeding as possible, but the best advice I can give anyone else is just - don't invest money you aren't willing to lose.

Regarding ICO's, the market is in a bit of a weird state right now. It's died off from last year, which is good and bad. It's good because there are now fewer scams and the industry is a lot more tight night, as well as there is now a lot more smarter investors and scam/bad icos are getting a lot less attention. The bad part is now there is less variety in investment options, and a lot fewer ICO's in general.

I wouldn't recommend throwing money in ICO's right now. Probably some stable altcoins are the way to go rn.
legendary
Activity: 2450
Merit: 1047
thecryptocurrency.directory

- Never fully rely on recommendations; always to your own diligent research on any prospect. Do not simply follow the ideas of "experts" or "influencers".
- There is no guarantee;  no investment is a hundred percent fool proof. Even Bitcoin which I would say is the safest cryptocurrency investment does not guarantee profits.
Always keep tabs on your portfolio.

I do not trust these so-called experts anymore, some of them are running ICO rating sites, and we all know they get a quick buck from giving a false rating and they don't care about their reputation, it's their cash cow.

There's no guarantee that Bitcoin will always bring you profit but it's the safest investment and profitable compare to the altcoins in the market, they all follow Bitcoin's performance in the market and that's a fact.
legendary
Activity: 3430
Merit: 1280
English ⬄ Russian Translation Services
Protecting ones capital must start on how the individual handles the capital in the first place. Also, one must learn how to make the right decisions as to which coins to invest in order to earn profit. Diversifying ones portfolio reduces the risk of losing ones capital to a single project/coin.

That will be done if that person can learn about how to protect the capital. And yes, diversifying can be a solution to reduces the risk of losing money, but we still need to choose the right investment or coins to buy. That will not be easy if we don't learn something that will help us to choose the right coins, and besides that, there are so many coins that we can select as the next investment. When you can find a good project, and you invest with them, then in the future, you will make a big profit too so you can protect the capital plus you got the profit

Personally, I don't think that altcoins (which you implicitly refer to here) are a good diversification option

They may indeed be an invaluable tool for multiplying your wealth (read, for the purposes of speculation), especially if you enter a coin right before the pump (and exit before the dump), but recently most if not all altcoins have been performing worse than Bitcoin. So if you want to diversify your cryptocurrency investments, you should look elsewhere, not in the cryptocurrency market. On the other hand, if you want to protect you cryptoholdings from losing their dollar value, you can use shorts as a hedge (but then you expose yourself to the risks of using an exchange)
sr. member
Activity: 1162
Merit: 251
Protecting ones capital must start on how the individual handles the capital in the first place. Also, one must learn how to make the right decisions as to which coins to invest in order to earn profit. Diversifying ones portfolio reduces the risk of losing ones capital to a single project/coin.

That will be done if that person can learn about how to protect the capital. And yes, diversifying can be a solution to reduces the risk of losing money, but we still need to choose the right investment or coins to buy. That will not be easy if we don't learn something that will help us to choose the right coins, and besides that, there are so many coins that we can select as the next investment. When you can find a good project, and you invest with them, then in the future, you will make a big profit too so you can protect the capital plus you got the profit.
To keep your capital safe is a difficult thing because investment will always meet with risk, what we can do is minimize the risk so that your capital does not decrease but increases due to profit. of course what we do is make a profit, in what way? of course by choosing the right coins, it's true what you say that clever in analysis is important in this case, there are lots of coins on the market but not all of them are profitable, choose the one that is really potential and good in the market
hero member
Activity: 2912
Merit: 556
Protecting ones capital must start on how the individual handles the capital in the first place. Also, one must learn how to make the right decisions as to which coins to invest in order to earn profit. Diversifying ones portfolio reduces the risk of losing ones capital to a single project/coin.

That will be done if that person can learn about how to protect the capital. And yes, diversifying can be a solution to reduces the risk of losing money, but we still need to choose the right investment or coins to buy. That will not be easy if we don't learn something that will help us to choose the right coins, and besides that, there are so many coins that we can select as the next investment. When you can find a good project, and you invest with them, then in the future, you will make a big profit too so you can protect the capital plus you got the profit.
copper member
Activity: 2786
Merit: 1256
Try Gunbot for a month go to -> https://gunbot.ph
~snip
Actually, actually I think things happening here are the opposite, so almost the majority of those who invest in Crypto don't even know what they are doing, they tend to imitate. Mimic how to get a profit they think is low risk, but it isn't. However we need to risk our capital but to make it lower, it's just another way also to get lower profit.
So it's the person's fault in not knowing what he or she is investing at, and if you are curious with it, better start learning first. I don't think mimicking is the problem, it's themselves. I don't understand what you are saying now, because how would you even have a profit if you don't risk something? How could they imitate correctly if they themselves don't understand it? I don't really care anymore on what others do, because they don't apply what they read. I'm not perfect but I won't risk my money in what I don't know.
hero member
Activity: 1722
Merit: 528

99% you are going to lose your capital as ICO investor because IEO took the place of it and hyip still existing onto it.
It's still amazing how people still invest in icos/ieos, to me it's like a case of throwing your money into the ocean, hoping it does come back to you.

Greed of the people driving these kind of market even most of them turning into scams.Newbies also just lured by the promotions and the offers and think that they could be more expensive than bitcoin in no time. Cheesy

That is just bad though.

It is true that you should be responsible with your money but these scammers are so smart, they are used to what they are doing which is fooling people out of their money. Not all projects are a scam since there is a lot of them getting profits, but that is shortlived. I think what ruined the ICOs are the hunters that immediately selling of their payment in a lower price resulting into more hunters selling it to more lower prices for their coins to be bought faster than the others.
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