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Topic: Before Investing in Cryptocurrencies - page 2. (Read 1168 times)

newbie
Activity: 112
Merit: 0
June 08, 2018, 12:10:09 PM
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. There are many cryptocurrencies online that are still trusted. Live.edu. Education token is probably one crypto currency that is very much in popular right now because of the benefit it gives to its learners and content creators which is the LEDU TOKEN,  which can be bought sold and trade outside of the ecosystem just like any other cryptos.
sr. member
Activity: 1246
Merit: 285
June 08, 2018, 11:21:14 AM
Is would have been better to invest one year ago, two years ago or six years ago. But if you understand the potential of also be found and if your belief in their vision of money, today might be the best day possible to start investing in it.
It's a long-term investment. Well, it depends on each passion. The important thing is we have to understand the risks we will face, let alone the price of cryptocurrency is easy to change, even just because of unproven issues. So, we must have a strong mentality and stance based on the accurate analysis. It's all a process that takes time, enjoy every process. Profit and loss is a lesson.
jr. member
Activity: 182
Merit: 2
June 08, 2018, 10:12:36 AM
Before investing in cryptocurrency, you must gain knowledge on what cryptocurrency is. After gaining the sufficient knowledge about cryptocurrencies, you can ask different people about their experiences in investing to cryptocurrencies. And there is no way you are getting your coins back once you get hacked or lose them. So take utmost measures to secure your coins once you buy them and always take extra precautions to make sure they are safe. Always remember that when you invest in cryptocurrencies, there are no assurances that these coins/tokens that you have invested will survive.
newbie
Activity: 117
Merit: 0
June 08, 2018, 10:08:28 AM
Thanks for your information on how to invest in Cryptocurrency, but i have not yet invested on something. This will help me in the future if ever i try to invest in to Cryptos
member
Activity: 169
Merit: 10
June 08, 2018, 09:57:56 AM
In order to start investing in crypto-currencies, you need to create your investment strategy. Select the amount that you are ready to lose. And strictly follow the strategy and do not panic during the fall
sr. member
Activity: 602
Merit: 250
June 08, 2018, 09:41:12 AM
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.
We all know that cryptocurrencyctoday is obviously a really big thing when it come in investment even dough it is not made as an investment instead made as a cryptocurrency or a currencycto be use the demand of these token is really high in the market making it increase and skyrocketed its value in the market but still investing in this cryptocurrency doesnt give you a prpfit as always supply and demand always control the market.
Is would have been better to invest one year ago, two years ago or six years ago. But if you understand the potential of also be found and if your belief in their vision of money, today might be the best day possible to start investing in it.
sr. member
Activity: 423
Merit: 250
June 08, 2018, 09:30:03 AM
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.
We all know that cryptocurrencyctoday is obviously a really big thing when it come in investment even dough it is not made as an investment instead made as a cryptocurrency or a currencycto be use the demand of these token is really high in the market making it increase and skyrocketed its value in the market but still investing in this cryptocurrency doesnt give you a prpfit as always supply and demand always control the market.
full member
Activity: 574
Merit: 101
June 08, 2018, 09:25:20 AM
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.

These are some of the few things that you should consider before investing in cryptocurrency. Before investing in cryptocurrency, you must gain knowledge on what cryptocurrency is. After gaining the sufficient knowledge about cryptocurrencies, you can ask different people about their experiences in investing to cryptocurrencies. In that way, you could avoid the risks and reach your goal in investing crypto.
sr. member
Activity: 896
Merit: 253
June 08, 2018, 09:21:30 AM
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.

Definitely correct. Being engaged in cryptocurrencies seems to be very risky. The market is very volatile in nature. It is like a seasonal products, there is a bullish and dip market times and moments, but not only the cryptocurrency itself but also mostly all investment industries: Gold/ Minerals, Real Estate, Foreign Exchange, Exotic Cars and etc. One thing is for sure, being a risk-taker entails more profit.
sr. member
Activity: 644
Merit: 263
June 08, 2018, 08:30:56 AM
Looking after your post reminds me pretty much about every bit of challenge that I keep facing all the time. Technical difficulties and transparency is what we have all the time that is keeping the balance of everything. However, when we enter the cryptocurrncies we are actually putting ourselves at highest risk but let’s not forget that high risk can give us huge money back too. Many became succeful investors and many more millionaires. That’s what keeping me inside this system and I just love it.
sr. member
Activity: 952
Merit: 251
June 08, 2018, 08:30:44 AM
Before investing in cryptocurrencies, you must read a lot before entering the crypto world. You need to contact experts and conduct a thorough research before investing
We should surely increase our knowledge before we go to invest in crypto currency, we need to remain in touch with those who lose and who won, as losers will share about their mistakes that we will not do and earners will share their skills that we will try to learn and apply for our good profit we can explore google in this regard as well.
full member
Activity: 294
Merit: 101
June 08, 2018, 08:26:28 AM
Always remember that when you invest in cryptocurrencies, there are no assurances that these coins/tokens that you have invested will survive. So always spend for investment that are worthy for you to be lost. If you can't afford $1k worth of investment then dont spend that much. And always keep your coins on offline wallets or hardware wallets.
newbie
Activity: 153
Merit: 0
June 08, 2018, 08:21:35 AM
Well I guess we're all hoping that at some point this year crypto properly takes off!!

There are a lot of things to consider during investing in bitcoin. You must also set goals so that you can consider when to hold and when to exchange. You must also set limits in order not to lose or earn higher.
jr. member
Activity: 148
Merit: 4
A Blockchain Mobile Operator With Token Rewards
June 08, 2018, 05:24:16 AM
Yes your opinion is good and its really helps by other,i have a little advice too,before you invest make sure that you have a research or make a resaerch about their project and team and be active about what they are doing in this case you will know if it have a chance to turn into scam ,and be strickly about chossing some altcoin to invest.
member
Activity: 252
Merit: 17
June 08, 2018, 05:01:06 AM
Just like in anything you will enter what you importantly need to do is to know what it is all about. Many people now a day just enter immediately to something that they see that are in trend or in a hot topics. Just like the rapid popularity of crypto currencies which were been so popular of giving a lot of profit for its investors. Well everyone wants to get a huge profit but there is no guarantee profit if you don’t know what you are unto. So what i advice is to study hard first before you enter here or to any investment because there are no easy money in this world.
newbie
Activity: 90
Merit: 0
June 08, 2018, 03:44:17 AM
since the goal in any investment is profit making, you have to know the strengths and weaknesses present in the investment which in this case is cryptocurrency. this knowledge will help you to determine the amount of profit you would make at the end of the investment program.
newbie
Activity: 95
Merit: 0
June 08, 2018, 03:28:34 AM
The goal in investing is to earn profits, including investing in Cryptocurrency.
Your advice is very good, just add to all of us, read aloud about the world of Crypto to increase our knowledge of all to avoid risk and earn a large amount


Before you invest in any cryptocurrencies you should have any knowledge about that crypto and its positive and negative side. Also if it is profitable enough for you or can triple your capital. Also you should have a strategy in order to play your cryptos orderly. You should choose a secure crypto you could secure it in a cold wallet or online wallet depends on you.
member
Activity: 218
Merit: 11
June 08, 2018, 03:26:16 AM
Before making an investment into bitcoin or other cryptocurrencies, it is good to analyze better and understand better about the risks associated with it. Some come in a blank mind, and easily gets trapped by the scammers.
newbie
Activity: 38
Merit: 0
June 08, 2018, 03:24:00 AM
(my advice). Before Investing in Cryptocurrencies
1. select a coin / token that has good value and quality.
2. select coins that already have high trust value such as btc, eth, bch etc.
3. invest more than 1 type of coin. so you have a great chance to earn bigger profits.
4. always read and update the latest information about crypto.
5. always learn to get more knowledge
sr. member
Activity: 686
Merit: 250
June 08, 2018, 03:21:58 AM
The biggest thing one needs to know before investing in cryptocurrencies is how to secure their coins. Getting hacked and losing all your coins is very easy in crypto world. And there is no way you are getting your coins back once you get hacked or lose them. So take utmost measures to secure your coins once you buy them and always take extra precautions to make sure they are safe.
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