Topic: Before Investing in Cryptocurrencies - page 11. (Read 1170 times)
Thanks for this solid points, they are very true. Newbies to cryptocurrency should note it. Always remember that your loss is another trader's gain and vice-versa. Never be greedy, never allow exchange or third party to have access to your wallet, always do your research to learn more daily.
- Never invest what you can't afford to loss in crypto, it is not gambling but risk is just like gambling if you are newbie.
- Experienced trader can easily make thousands with day trading from crypto because of high volatility so it is not just a dark side of crypto.
- If you are newbie than the best way to multiply your money is hold for long time, don''t sell out of panic
- Also don't hold any coin even after you got over 2x return in less than few months or even a year, don't be too greedy.
- Never invest in multilevel marketing coin that promise to give high return over your investment and high referral commission on purchase.
- Experienced trader can easily make thousands with day trading from crypto because of high volatility so it is not just a dark side of crypto.
- If you are newbie than the best way to multiply your money is hold for long time, don''t sell out of panic
- Also don't hold any coin even after you got over 2x return in less than few months or even a year, don't be too greedy.
- Never invest in multilevel marketing coin that promise to give high return over your investment and high referral commission on purchase.
The points you had mentioned is good.All the traders should aware of this points,before starting a crypto currency trade.And you should take care of your security.Investing in crypto currency is always better than inverse in other assets.The profit percentage in bitcoin is more than other asset.
Find out how much the crypto currency is common among users. Great interest, availability on exchanges, rising costs - all this indicates the popularity of digital money.Mobility. Choose a currency that can be easily moved.Security. A good crypto currency should be protected from scammers.
6 Things Good and Bad You Should Consider Before Investing in Cryptocurrencies.
1)- Potential returns can be massive.
2)-Inexperienced teams. I mean to say Bad Experience
3)-Liquidity
4)-Technical difficulties
5)-Transparency
6)- Security
I recommend using a cold storage wallet that lets you control your private keys. Your private key is what allows you to access your coin on the blockchain. It's best to keep this key offline and in a secure place.
Investing in cryptocurrencies is very risky. The markets are volatile and the technologies are still quite young. However, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research.
1)- Potential returns can be massive.
2)-Inexperienced teams. I mean to say Bad Experience
3)-Liquidity
4)-Technical difficulties
5)-Transparency
6)- Security
I recommend using a cold storage wallet that lets you control your private keys. Your private key is what allows you to access your coin on the blockchain. It's best to keep this key offline and in a secure place.
Investing in cryptocurrencies is very risky. The markets are volatile and the technologies are still quite young. However, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research.
Well the list you made is quite true and also you have mentioned the readers that before they invest they should do their research. What actually makes a good investor and trader is knowledge and experience. Whatever experience we have be it positive and negative we should learn from them since if we take it for granted we maybe repeating the same mistakes again and again.
It's been a great work. In my opinion, before investing in crypto money, it is necessary to conduct a good research and pay attention to certain points. I need to understand that first. This market is at the beginning of the potential and some of the problems that are experienced can be devastating. For this reason, do not think fast and keep calm while moving. Besides, you do not just end up buying it, you should also know where to sell it at the same time.
You deserve a merit for this, all newbies experience the same pitfall they all thought all ICO are harmless and profitable until the first taste of getting scam or losing in a trade, this guide will help them to know the truth about cryptocurrency it's a short list but worth reading.
very nice work! a great help for the newbies (if they read and maintain the steps) in Bitcoin.
Thanks for the info about how we can do before investing our money to cryptocurrencies investment. It helps us to do our own research before jump into the crypto investment. Thanks once again.
If you have money to invest and your here for a long term you don't need skills and analysis of some sort. Just invest some in the top 10 coins and wait for a year or two.
6 Things Good and Bad You Should Consider Before Investing in Cryptocurrencies.
1)- Potential returns can be massive.
2)-Inexperienced teams. I mean to say Bad Experience
3)-Liquidity
4)-Technical difficulties
5)-Transparency
6)- Security
I recommend using a cold storage wallet that lets you control your private keys. Your private key is what allows you to access your coin on the blockchain. It's best to keep this key offline and in a secure place.
Investing in cryptocurrencies is very risky. The markets are volatile and the technologies are still quite young. However, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research.
Learning and taking the time to understand is the key. ” 1)- Potential returns can be massive.
2)-Inexperienced teams. I mean to say Bad Experience
3)-Liquidity
4)-Technical difficulties
5)-Transparency
6)- Security
I recommend using a cold storage wallet that lets you control your private keys. Your private key is what allows you to access your coin on the blockchain. It's best to keep this key offline and in a secure place.
Investing in cryptocurrencies is very risky. The markets are volatile and the technologies are still quite young. However, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research.
6 Things Good and Bad You Should Consider Before Investing in Cryptocurrencies.
1)- Potential returns can be massive.
2)-Inexperienced teams. I mean to say Bad Experience
3)-Liquidity
4)-Technical difficulties
5)-Transparency
6)- Security
I recommend using a cold storage wallet that lets you control your private keys. Your private key is what allows you to access your coin on the blockchain. It's best to keep this key offline and in a secure place.
Investing in cryptocurrencies is very risky. The markets are volatile and the technologies are still quite young. However, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research.
1)- Potential returns can be massive.
2)-Inexperienced teams. I mean to say Bad Experience
3)-Liquidity
4)-Technical difficulties
5)-Transparency
6)- Security
I recommend using a cold storage wallet that lets you control your private keys. Your private key is what allows you to access your coin on the blockchain. It's best to keep this key offline and in a secure place.
Investing in cryptocurrencies is very risky. The markets are volatile and the technologies are still quite young. However, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research.
Thanks to this good tips, it can help a lot in our decision making on how to select a cryptocurrencies which has potential profit in return. I love crypto and I do understand that it is volatile but then I still going to invest in cryptocurrencies, it is not just ease to use but it give us opportunity to earn profits from it.
Well I guess we're all hoping that at some point this year crypto properly takes off!!
6 Things Good and Bad You Should Consider Before Investing in Cryptocurrencies.
1)- Potential returns can be massive.
2)-Inexperienced teams. I mean to say Bad Experience
3)-Liquidity
4)-Technical difficulties
5)-Transparency
6)- Security
I recommend using a cold storage wallet that lets you control your private keys. Your private key is what allows you to access your coin on the blockchain. It's best to keep this key offline and in a secure place.
Investing in cryptocurrencies is very risky. The markets are volatile and the technologies are still quite young. However, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research.
1)- Potential returns can be massive.
2)-Inexperienced teams. I mean to say Bad Experience
3)-Liquidity
4)-Technical difficulties
5)-Transparency
6)- Security
I recommend using a cold storage wallet that lets you control your private keys. Your private key is what allows you to access your coin on the blockchain. It's best to keep this key offline and in a secure place.
Investing in cryptocurrencies is very risky. The markets are volatile and the technologies are still quite young. However, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research.
Thank you for sharing your thoughts. I have not invested yet into cryptocurrency. I am not a risk taker. I cannot still afford to lose any single amount of money. I will do more research and learn everything about investing and trading in cryptocurrency in order for me to become successful in this undertaking.
6 Things Good and Bad You Should Consider Before Investing in Cryptocurrencies.
1)- Potential returns can be massive.
2)-Inexperienced teams. I mean to say Bad Experience
3)-Liquidity
4)-Technical difficulties
5)-Transparency
6)- Security
I recommend using a cold storage wallet that lets you control your private keys. Your private key is what allows you to access your coin on the blockchain. It's best to keep this key offline and in a secure place.
Investing in cryptocurrencies is very risky. The markets are volatile and the technologies are still quite young. However, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research.
1)- Potential returns can be massive.
2)-Inexperienced teams. I mean to say Bad Experience
3)-Liquidity
4)-Technical difficulties
5)-Transparency
6)- Security
I recommend using a cold storage wallet that lets you control your private keys. Your private key is what allows you to access your coin on the blockchain. It's best to keep this key offline and in a secure place.
Investing in cryptocurrencies is very risky. The markets are volatile and the technologies are still quite young. However, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research.
Jump to: