Before I Invest With Cryptoqurrency? - page 14.

DaMut

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Activity: 1274

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Quote from: 1000alasan on October 16, 2019, 11:35:12 PM

I say this because I personally don't have a high risk appetite, so it's better to invest safely ..
how about you guys?

I am currently declining every project that does any sales no matter what they name it, this is not viable anymore. I will invest my money if the project itself is listed in the top 100 cryptocurrencies based on CMC or a low cap project that is completely transparent and willing to accept the critize from the community about their work.
this is the safest way to invest in cryptocurrency right now, there is no other way other than buying Bitcoin or following this.

comchien

jr. member

Activity: 340

Merit: 2

Everyone has their own way of thinking, but there are many who do not like to go for a safe path with little profit, on the other hand, many people look for new projects and take risks to increase profits and many other things. In new projects, choosing you and the right way to manage capital will help you be more successful when you want to take risks.

matchi2011

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Activity: 1456

Merit: 267

Buy $BGL before it's too late!

Quote from: Aabcde on October 17, 2019, 04:42:22 AM

You have good points. But lately I am no longer interested in investing, especially in new projects. Just wasting money and time. Yes, everyone has their own judgment and reasons, we cannot force it.
As in point 4-5, I better put money on coins that already have good credibility. So I was calmer when I put it in the top 10 coins.

Setting your expectations with existing coins which listed inside the CMC, coins who already have communities have a greater chance to grow further.
It's no longer the time for hypes but a good time to accumulate coins that have real use in the long run, it's no longer a quick scheme to be rich investing with cryptocurrency, it's time now to understand well and make yourself comfortable with your invested money.

Aabcde

sr. member

Activity: 1050

Merit: 256

You have good points. But lately I am no longer interested in investing, especially in new projects. Just wasting money and time. Yes, everyone has their own judgment and reasons, we cannot force it.
As in point 4-5, I better put money on coins that already have good credibility. So I was calmer when I put it in the top 10 coins.

Vitamin_52

sr. member

Activity: 854

Merit: 257

it was the case when I'm on the projects raised the X50, is that possible to do with the top coins. I don't think they can grow that much. There are coins that fluctuate +-10% per day. Again, the top of the coin so do not jump

Doell

hero member

Activity: 2156

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before I had to have capital and that was the initial core of invest ,then the same as others doing research and also the most important thing was long term yeah whether it's something new or old I definitely must think long term too ,road map previous or future mate

HabiebRiziq

sr. member

Activity: 966

Merit: 250

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Quote from: 1000alasan on October 16, 2019, 11:35:12 PM

1. Check the overall contents of the project such as a team, road map, white paper, etc.
2. Check various features offered by the project such as privacy coins or decentralized coins.
3. Check how valuable the coins are or compare with other more popular coins. if the coins have potential, of course have a multi-professional team & the volume of coins always increases.
4. To be honest, the best coins to invest are the top coins or have been listed in the top 10 at CMC.
5. I suggest you invest in established coins rather than looking for very young and newly planted coins to invest.
I say this because I personally don't have a high risk appetite, so it's better to invest safely ..
how about you guys?

Yes it is true that it is better to invest safely or arguably with a small risk so investing in the top coins is the right choice. But, I think everyone has their own way, some people choose to take a big risk to get a big profit but the possibility of failure is also great and I personally would also prefer to invest in a safe way.

Peanyut991

member

Activity: 287

Merit: 10

For tokens or coins that have been listed at Coinmarketcap, I don't think there is anything to worry about it. The problem is when you want to invest in ICO or IEO then you need to do a thorough research.

Marble777

member

Activity: 736

Merit: 11

yes investment is risk related, if you are not ready to take the risk my advice is better you take the time to study the project and cryptoqurrency before making that decision. no offense, I don't forbid you to do that, it's just that I care about you. in most cases beginners are one of the targets that are mature by scamers.

michellee

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Activity: 2604

Merit: 816

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Number 1 and 2 are for new projects. Number 3 is for coins that already listed on the exchanges. Number 4 and 5 is a good choice of investment in cryptocurrency because the project is already run. The project has a community that still supports the projects. That will be our way to invest, and we don't have to doubt to invest in the top 10 of coinmarketcap list. But always research before you decide to invest in any coins, especially for the top 10 coin list.

tabas

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Activity: 3024

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Quote from: pandanaran on October 17, 2019, 02:57:22 AM

Quote from: tabas on October 17, 2019, 02:46:28 AM

Quote from: ecnalubma on October 17, 2019, 02:37:51 AM

Quote from: Senar Gitar on October 17, 2019, 01:59:00 AM

2. I take the example of privacy coins like (XRP)

XRP (Ripple) is not a privacy coin buddy, maybe you referring to XMR (Monero).

I think he really meant to say XRP. That coin is centralized and not really private. Another tip is don't listen to the hype and shillers that will tell you a coin that you are not very familiar and tells you that it has the future.
Those kind of suggestions should be avoided if you don't want to lose your money. I've seen that before and never listened to them so I hope that others will do the same.

Yupss is right, like what you have explained and it is important for someone to always research before making a decision whether it is trading or investing in coins. Don't rely on random suggestions or what is said by cryptos experts, I only use it as reference material and nothing more.

Those "experts" that normally give tips aren't shouldn't be taken quickly. You have to analyze it and see if that really works on your side. Otherwise, be curious about everything they say in a way that you will not believe quickly.
A lot of gullible people about investments were victimized by those kind of people and they lost money so quick. Because after buying and making a small pump, they were not able to get out of it.

Herbert2020

legendary

Activity: 1946

Merit: 1137

it is only looking good on paper but in reality you either don't do any of the things you listed here or do something else thinking you are doing them. for example you already have 3 points for different "checks" but these checks require going through the source code and also using the coin and the clients itself. otherwise if you are simply checking the announcement topic and the website of the coin and think you did the "checks" then you are only wasting your time.

Insomnia family

member

Activity: 868

Merit: 10

Quote from: watergold on October 17, 2019, 03:13:17 AM

Investing is indeed full of risks and challenges continue to confront us and how do we respond to them, investing is indeed necessary for the future and get a profit but are we ready with your strategy?

I myself am looking for more potential coins and always see developers whether working well partnerships are very important to me, there are indeed many coins in CMC but I always choose coins that are in large exchanges, to play long-term trading and investment.

it is the right choice, investing with coins that are already listed on major exchanges such as BNB and ETH. I personally really like these two altcoins, they have their own platform and also many communities in it. on the other hand I still have several altcoin bags and also btc for long-term investment. BTC is a safe and profitable investment for me.

watergold

sr. member

Activity: 1218

Merit: 251

Investing is indeed full of risks and challenges continue to confront us and how do we respond to them, investing is indeed necessary for the future and get a profit but are we ready with your strategy?

I myself am looking for more potential coins and always see developers whether working well partnerships are very important to me, there are indeed many coins in CMC but I always choose coins that are in large exchanges, to play long-term trading and investment.

pandanaran

full member

Activity: 1048

Merit: 101

Quote from: tabas on October 17, 2019, 02:46:28 AM

Quote from: ecnalubma on October 17, 2019, 02:37:51 AM

Quote from: Senar Gitar on October 17, 2019, 01:59:00 AM

2. I take the example of privacy coins like (XRP)

XRP (Ripple) is not a privacy coin buddy, maybe you referring to XMR (Monero).

I think he really meant to say XRP. That coin is centralized and not really private. Another tip is don't listen to the hype and shillers that will tell you a coin that you are not very familiar and tells you that it has the future.
Those kind of suggestions should be avoided if you don't want to lose your money. I've seen that before and never listened to them so I hope that others will do the same.

Yupss is right, like what you have explained and it is important for someone to always research before making a decision whether it is trading or investing in coins. Don't rely on random suggestions or what is said by cryptos experts, I only use it as reference material and nothing more.

tabas

hero member

Activity: 3024

Merit: 745

Top Crypto Casino

Quote from: ecnalubma on October 17, 2019, 02:37:51 AM

Quote from: Senar Gitar on October 17, 2019, 01:59:00 AM

2. I take the example of privacy coins like (XRP)

XRP (Ripple) is not a privacy coin buddy, maybe you referring to XMR (Monero).

I think he really meant to say XRP. That coin is centralized and not really private. Another tip is don't listen to the hype and shillers that will tell you a coin that you are not very familiar and tells you that it has the future.
Those kind of suggestions should be avoided if you don't want to lose your money. I've seen that before and never listened to them so I hope that others will do the same.

ecnalubma

sr. member

Activity: 1540

Merit: 420

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Quote from: Senar Gitar on October 17, 2019, 01:59:00 AM

2. I take the example of privacy coins like (XRP)

XRP (Ripple) is not a privacy coin buddy, maybe you referring to XMR (Monero).

Its our own diligence if we fail our investments or get scammed. The importance of taking time to research and gathering information can really help in formulating decisions and will give a go signal whether to invest or not to invest in a particular project, regardless if they are established or not.

GGmith

jr. member

Activity: 394

Merit: 1

I personally realize that investing is very high risk, but it all depends on your own way, as well as investing in what projects? which coin? or how to manage your financial management properly. I like challenges and of course I am responsible for every decision I make. so? which one do you choose?
invest safely but takes a long time?
or
take risks but sometimes profitable?

Bim abk

sr. member

Activity: 896

Merit: 251

the way you say is wise enough to analyze a project by comparing it with existing coins. maybe my input is only on the active part of the team in providing project information to the community, I say this because an information that is actively conveyed can make the project more heard by the public.

Senar Gitar

jr. member

Activity: 31

Merit: 1

1. I do that but the same problem happens again that scamers have all kinds of ways to fool victims.
2. I take the example of privacy coins like (XRP) and decentralized coins like (ETH), you can redefine.
3. The value of coins depends on market demand, and good coins are of course widely used by its users, including coins that have high trading volumes.
4. Not a bad idea, I also like a few coins on that list.
5. Investment is always risky, there is no safe guarantee in the investment aspect, you yourself must determine your luck in the crypto industry.

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