Advice to invest about crypto currency - page 2.

mammoniter

full member

Activity: 574

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Quote from: emmagloor on June 15, 2019, 06:01:34 AM

It's a very delicate venture investing in cryptocurrency. It's something one should be careful about and make a dedicated effort to research well before going into it. Most people just hear of successes made by others in crypto and because of that, they feel its an easy stuff and just dive into it.
One thing I can say is that cryptocurrency is a business for the strong in heart and determined. Also, patience, much of it is required when treading the part of cryptocurrency. Its best to start small, at least with established projects, Bitcoin and Ethereum before moving to upcoming projects like Veil, Harmony, etc.
Like I earlier said, research is of uttermost importance when choosing to invest in cryptocurrency.

Research is very essential in crypto investing. You have to know first its true nature and how it works. Its true that there are people who get rich in crypto but it not happen overnight. You have to work for it and you have to do your own research. Considering the volatility of crypto, many people are actually failed in investing in crypto because they are not prepared and they don't have the skills.

aji567

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the right thing to invest now is ethereum and bitcoin. this is the most basic investment for beginners. other than that bnb, xrp and tron are also potential for long-term investment.

be_TOK

newbie

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It all depends on what is your aim. To make a quick buck now or invest some for future gains. I am focusing now on BTC ETH, LTC, BCH some main coins and always a way to have a stable increase.While investing some resource on alt projects that I strongly believe to be strong players in their own field later in the future Monero EOS Zcash Historia Lend Dfinity, etc

StatesManG

copper member

Activity: 462

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You see it's your choice on which to hold as both are doing well lately. Litecoin has been quite profitable and have been showing a good sign as well as ethereum. Personally I will advise you hold the both applying the rules of diversity in your investment

Hypnosis00

sr. member

Activity: 2436

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Quote from: trauchot on June 21, 2019, 01:14:09 AM

Of course, it was always and always will be, before investing in any sphere and this also applies to the cryptocurrency sphere, each investor must always fully explore the place where he is going to invest his money, so that later he will not regret lost investments.

If you know exactly what you are doing, it possible no regrets will follow unless there is a problem with you, the way you manage your investment.
See to it that you are knowledgeable enough since crypto investment is a high risk than of normal investment around.
A right choice of coins will give you a better profit and that is we need to practice, and by seeking advice from a trusted source will help you to find it.

trauchot

member

Activity: 1764

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Of course, it was always and always will be, before investing in any sphere and this also applies to the cryptocurrency sphere, each investor must always fully explore the place where he is going to invest his money, so that later he will not regret lost investments.

killat

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Activity: 742

Merit: 21

Be the reason someone smiles today

If you wanted to ask me what is the surest bet possible, buying BTC, LTC and ETH and blindly holding for 2 years would be way up there, but it didn't require any kind of real understanding of crypto markets to make it.

coinporch

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Quote from: tenakha on June 20, 2019, 04:47:24 PM

All you need to know is "prices are volatile", in other respects everything is the same as other sector rules. And this price volatility should not be a dream of getting rich sooner. Because, the possibility of losing is equal to the possibility of gaining.

simple words, high risk will always high gain, thats word is very precise for crypto investments
because this investments will bring more profit to the people who have enough knowledge and patience
but not for the people with less knowledge and less patience Wink

cahbagus555

member

Activity: 756

Merit: 12

Quote from: emmagloor on June 15, 2019, 06:01:34 AM

It's a very delicate venture investing in cryptocurrency. It's something one should be careful about and make a dedicated effort to research well before going into it. Most people just hear of successes made by others in crypto and because of that, they feel its an easy stuff and just dive into it.
One thing I can say is that cryptocurrency is a business for the strong in heart and determined. Also, patience, much of it is required when treading the part of cryptocurrency. Its best to start small, at least with established projects, Bitcoin and Ethereum before moving to upcoming projects like Veil, Harmony, etc.
Like I earlier said, research is of uttermost importance when choosing to invest in cryptocurrency.

Investing in altcoins is very risky and it would be better if make a research first on the project and also the developers team. Many occur altcoin looks good at the ICO stage and reach hardcap but the price falls when start listed the market. I am agree that bitcoin and ethereum is reliable investment

Sacramentus

jr. member

Activity: 448

Merit: 2

Quote from: emmagloor on June 15, 2019, 06:01:34 AM

It's a very delicate venture investing in cryptocurrency. It's something one should be careful about and make a dedicated effort to research well before going into it. Most people just hear of successes made by others in crypto and because of that, they feel its an easy stuff and just dive into it.
One thing I can say is that cryptocurrency is a business for the strong in heart and determined. Also, patience, much of it is required when treading the part of cryptocurrency. Its best to start small, at least with established projects, Bitcoin and Ethereum before moving to upcoming projects like Veil, Harmony, etc.
Like I earlier said, research is of uttermost importance when choosing to invest in cryptocurrency.

doing research before investing into any cryptocurrency is very important. Many find it difficult to make all necessary research before going into a projects which could hurt them in the future.

Also it's just about cryptocurrency but every investment is for the strong in heart. And investors should be aware of the risks in investments

Shatterlean22

jr. member

Activity: 350

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Patience is the key to success when investing in crypto ,don't take the step of those who ended up been frustrated when their protfolio is losing value ,many sell at lose and leave but endurance pays because every good coins have there days

z21770179

sr. member

Activity: 474

Merit: 250

Investment needs a shield, I still have not achieved this realm. For example, recently I joined the IEO of Kucoin, if Kucoin did not hold my KCS, I would have sold it early at 1.1x price, but after Kucoin returned to KCS, I sold them at 1.57

Caladonian

hero member

Activity: 1302

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Quote from: dobolspeed3 on June 20, 2019, 07:48:32 PM

Quote from: CoinCollect on June 20, 2019, 04:30:39 PM

That's right. No successful trader and investor misses the stage of researching the coin they are going to buy. This is the most important stage. If you do not study the coin before buying, then such a transaction will not make sense.

That's the important thing to learn when you want to buy an altcoin. And I have found someone buying an altcoin using feeling without any research or analysis. This is very strange in my opinion, Isn't doing the trade has a high risk but the person only uses a feeling which he thinks is good to buy.

Maybe they are using their luck and instinct instead of using charts and patterned, there's still many investors inside crypto who doesn't believes in any charts knowing that price movements is really unpredictable and there's no accuracy even you will use chartings.

They relied with instinct and own interpretations of their trading activities, some succeeded but most of them will only get frustrated and leaves.

dobolspeed3

full member

Activity: 714

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Quote from: CoinCollect on June 20, 2019, 04:30:39 PM

That's right. No successful trader and investor misses the stage of researching the coin they are going to buy. This is the most important stage. If you do not study the coin before buying, then such a transaction will not make sense.

That's the important thing to learn when you want to buy an altcoin. And I have found someone buying an altcoin using feeling without any research or analysis. This is very strange in my opinion, Isn't doing the trade has a high risk but the person only uses a feeling which he thinks is good to buy.

Seth2009

member

Activity: 445

Merit: 10

Quote from: emmagloor on June 15, 2019, 06:01:34 AM

It's a very delicate venture investing in cryptocurrency. It's something one should be careful about and make a dedicated effort to research well before going into it. Most people just hear of successes made by others in crypto and because of that, they feel its an easy stuff and just dive into it.
One thing I can say is that cryptocurrency is a business for the strong in heart and determined. Also, patience, much of it is required when treading the part of cryptocurrency. Its best to start small, at least with established projects, Bitcoin and Ethereum before moving to upcoming projects like Veil, Harmony, etc.
Like I earlier said, research is of uttermost importance when choosing to invest in cryptocurrency.

Agree, cryptocurrency is a fight with determination... One must have the courage to take the risk especially when investing their money....coz not all the time its a win win with crypto... So better be ready when bearish come...

94K

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HiveNet - Distributed Cloud Computing

Sure. No trader or investor misses the research of the coin he or she is going to invest. Its very necessary. You need to know the coin you investing.

seleme

legendary

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Duelbits.com

Quote from: andika2018 on June 19, 2019, 08:23:14 PM

Quote from: ?? on ??

You are right. I agree with your simple explanation. we must be careful when choosing coins. crypto has a very high risk. I see that BTC, ETH, XRP, are the main coin choices. and I think harmony has the potential go to the moon. now the price of Harmony is very cheap. I suggest you buy Harmony.

I think top 50 coinmarketcap is good project with good liquidity. I am invest in several altcoin and Harmony is one of them. Choosing altcoin should always analysis because more than 2000 different altcoin in market and i think better choose altcoin with big daily transaction.

For playing safe it is necessary to buy liquid market coins but for playing risky buying a low market cap coins that not even listed on the coinmarketcap can be smart decisions. Hunting gems is not for newbies but only professional traders know the fishing.

tenakha

hero member

Activity: 1470

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All you need to know is "prices are volatile", in other respects everything is the same as other sector rules. And this price volatility should not be a dream of getting rich sooner. Because, the possibility of losing is equal to the possibility of gaining.

CoinCollect

sr. member

Activity: 770

Merit: 250

That's right. No successful trader and investor misses the stage of researching the coin they are going to buy. This is the most important stage. If you do not study the coin before buying, then such a transaction will not make sense.

The Cryptovator

legendary

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I think that post isn't belongs to "Bitcoin Discussion" board. Reported, hope moderators will move it on appropriate board.

However, it true that market research is very important part of crypto-currency. Especially when you newbie and want to enter on it. Otherwise there is high possibility of lose your fund.

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