Advice to invest about crypto currency - page 5.

boyptc

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Quote from: Lily_Olive on June 18, 2019, 04:59:34 AM

Yeah you should invest in cryptocurrency but you must do a research.. without research can't do anything.. you just can't believe on people invitation.. rather you do research... research is must..

Yeah you shouldn't be gullible with people's suggestion about investment. There will be suggestions on their own purpose that you won't like after finding out that you have been used by them.

DYOR as they say.

Lily_Olive

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Quote from: CryptoBry on June 15, 2019, 10:48:22 PM

In 2017, many entered the world of cryptocurrency all because of the many hypes and wrong perceptions surrounding this industry and consequently when bitcoin entered the winter phase many got burned...just imagine when you start bitcoin ATH of almost $20,000 and then later on realized that it was down to around $4,000 that can be devastating and so many cut loss and just went away. Let's hope that this same scenario will not be repeated once bitcoin can go parabolic again.

Investing with cryptocurrency involves a lot of education, timing and maybe some luck also. There is no sure-fire or guaranteed formula here...but if one has the intent to just hold let's say for the next one, two or even five years then entering bitcoin at its dip is the best advice I can give.

Yes you are right.. i agree with you.. but before doing all that research is must.. well the knowledge about crypto is very compulsory..

Lily_Olive

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Yeah you should invest in cryptocurrency but you must do a research.. without research can't do anything.. you just can't believe on people invitation.. rather you do research... research is must..

samsul1234

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Quote from: emmagloor on June 15, 2019, 07:01:34 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.

I really agree with you, in this digital currency we have many days to get very big results, I've been in Bitcoin for almost 3 years and my patience has produced fantastic results

Vaskiy

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Advice with cryptocurrency is truly an inappropriate thing, because the market could change in any way in no time. When the market isn't reacting the way we provided advice what the user experience experience is a big loss. To this it is good to go with doing ones own research on cryptocurrencies after learning the basics and understanding the market.

dmty.0809

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For those who want to invest in cryptocurrency, it can be started by buying bitcoin. Hold one of the strongest coins if you don't want to invest in an altcoin. Because bitcoin won't scam like many coins on the market. That's my suggestion.

BeManga

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Quote from: emmagloor on June 15, 2019, 07:01:34 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.

i agree you really need a lot of patience and do a lot of research before investing in crypto

sunsilk

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Quote from: Bunsomjelican on June 17, 2019, 09:19:49 AM

For me crypto is for masses people who are desiring to get bitcoin profit in the future.
due to it could be the way for us to have bitcoin in the near future. This is the truth and real happened actually.
In fact, I've been earned crypto for almost more than 1 year and til now it helped me a lot honestly speaking.

Everyone who invested into bitcoin helped a lot, you said that you have been earning crypto for almost a year. What can you even think of those people who bought earlier than you and did held until now?

Their lives were changed for real because that's what we are thinking after we have invested to bitcoin. And before investing, you need to take care of yourself including your emotion so that you won't FOMO and sell at losses.

sysoe

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You are right, most of the people hear about success stories and invest in crypto. No one gets to hear about the failures.

Bunsomjelican

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Quote from: sunsilk on June 16, 2019, 03:07:17 PM

Quote from: emmagloor on June 15, 2019, 07:01:34 AM

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.

This is so true, happened to me and with my friends but sadly I ended up ignoring them because they were the first one to ignore me after witnessing the great bear market of 2018. They hoped that making money with crypto would be easier than I experienced for them.

Quote from: emmagloor on June 15, 2019, 07:01:34 AM

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.

Very well said. There were newbies that are venturing and eyeing for altcoins that does not have a history of good market and volume's quite low. They have that idea that it will skyrocket someday that can make them millionaire if it happens.

For me crypto is for masses people who are desiring to get bitcoin profit in the future.
due to it could be the way for us to have bitcoin in the near future. This is the truth and real happened actually.
In fact, I've been earned crypto for almost more than 1 year and til now it helped me a lot honestly speaking.

yusupjatigumilar

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My advice when you invest in crypto currencies is not to keep all eggs in the same basket, meaning that if you have capital don't just buy one commodity but also buy some other commodities, because when you only store in one commodity and when the price of these commodities experience things that we really don't want, so that all the capital we invest in these commodities will automatically disappear.

izanagi narukami

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You can research but with your own risk because as I know, the value constantly change ( volatile )
Unlike ordinary stock trading, you need extra careful so eventhough if you're using TA , you can't predict what will happen next.

Reading news like stock trading may become the judgment for next act but not in crypto trading !

ttcsalam

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Before investing, take full sense. Market must be invested then. It is going to be difficult to understand the current market trend. Before investing, you have to invest in understanding.

johncarter123

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The advice I have always given to people interested in investing in crypto currencies for their first time is don’t put in what you are not comfortable losing. And when I say losing, I mean losing all of it as this is well in the realm of possibilities. All it takes is one hack, or one Cryptoexchange to shut down at the wrong time. The two risks with investing in anything are risk of loss of capital and opportunity cost. The risk of loss of capital is greater in cryptocurrencies because of the limited timeframe of their existence, security issues, and a lack of a framework for valuing them. There are some methodologies that have been developed for valuation but they mostly remain rudimentary. With that being said, if you do invest some capital which you are fully willing to lose, there is scope for extraordinary upside which can’t be gained in any other investments.

MFahad

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Quote from: emmagloor on June 15, 2019, 07:01:34 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.

Whenever people talk about investment then i always say bitcoin is forever best for investment. But investment has a rules, invest your capital when coin has down price and sell it when coin price is up. In this wise, we gain profit. without profit every business is useless. So we do invest to see the principle of investment and search about it then definitely we could get profit in all over altcoin.

ethereumhunter

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Quote from: Austin_Lord on June 17, 2019, 04:59:30 AM

Quote from: bhabygrim on June 15, 2019, 12:30:47 PM

Research so that they would know what they are investing on and what they are going to get.
Most of the new investor are aiming for the profit while blindly knowing the huge risk of how the market works.
We all know that most of the new investor just think of it as a short cut to be a wealthy person because of the publicity and other news of some unknown person becoming rich or millionaire due to crypto.
And they all think that they could also have the same result while not knowing how hard it was to become successful in crypto and what does those people endure.

Well i agree with you.. we must do proper research before investing.. ask friends and others who know about crypto..

Don't use big money to invest in cryptocurrency or other things before we learn more details about the investment because that will make us miss the chance to buy at the right price. Make research will always be better because we can find the right time to invest, and we can decide how much money we will use. And don't panic if the price is down but try to do other research so we can know what is going on with the market and we can decide what step we need to do.

Austin_Lord

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Well i personally advise newbies to enter bitcoin market after proper research.. without research they dont need to invest.. because bitcoin is not too much secure.. there will be chances of scams.. so be careful guyzz..

Austin_Lord

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Quote from: bhabygrim on June 15, 2019, 12:30:47 PM

Research so that they would know what they are investing on and what they are going to get.
Most of the new investor are aiming for the profit while blindly knowing the huge risk of how the market works.
We all know that most of the new investor just think of it as a short cut to be a wealthy person because of the publicity and other news of some unknown person becoming rich or millionaire due to crypto.
And they all think that they could also have the same result while not knowing how hard it was to become successful in crypto and what does those people endure.

Well i agree with you.. we must do proper research before investing.. ask friends and others who know about crypto..

tiedcoin

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Quote from: emmagloor on June 15, 2019, 07:01:34 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.

If you are a beginner, you can read these blogs before you invest.

https://medium.com/@odeskpawan1/want-to-invest-in-cryptocurrency-keep-these-things-in-mind-37907f83b37a

https://medium.com/@odeskpawan1/thinking-of-buying-bitcoin-follow-these-tips-c165ba9165ec

Also, please keep yourself up to date with the crypto world. For this, you can read the daily news or subscribe to a bog.

One such blog is Altcoin Sidekick (https://www.altcoinsidekick.com/)One such blog is Altcoin Sidekick (https://www.altcoinsidekick.com/)

olamidey

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Buy, sell and store real cryptocurrencies

So much threads in investing in crypto for newbies. Ebythe experienced hands do get burnt in crypto. It's always a three way rule.
Don't invest more than what you can afford to lose.
Never put money on Exchange to avoid loosing funds to hacks
Only invest on tokens you have researched and studied.

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