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Topic: Before Investing in Cryptocurrencies - page 8. (Read 1168 times)

full member
Activity: 518
Merit: 106
WWW.BLOCKCHAIN021.COM
May 26, 2018, 10:52:33 PM
#73
I'd preferably say that considering this thing can affect the mind of someone within regard to investing which is not honestly the big factor to consider thing when investing into something general knowledge first, to this common field of risk riskier task that might upon cast to us secondly news to what alt you'd want to invest its better to understand the depth of the river before diving.
newbie
Activity: 68
Merit: 0
May 26, 2018, 10:14:25 PM
#72
Thanks for sharing your idea.It really helps a lot especially for newbie like me,I should not go investing i had to learned the pros and cons before i go through it.Like now the market is so volatile we should wise before investing.
newbie
Activity: 238
Merit: 0
May 26, 2018, 11:14:54 AM
#71
Investing in crypto currency is a big risk. When investing, you do not need to rush. I would not recommend investing all savings, it is better to divide it into parts.
full member
Activity: 378
Merit: 100
May 26, 2018, 11:01:35 AM
#70
I would recommend to the newbies that before investing to cryptocurrencies, don't fall for an ICO. You better start learning and investing to bitcoin only.
By understanding on how bitcoin portrays as the protagonist of the market, you'll learn all of the things that OP mentioned. And when you are ready to jump and explore with other coins, you'll know on how important it is to have holdings with bitcoin. Newbies who are introduced to altcoins will never understand the worth of bitcoin.
Yes, as we are discussing this in Bitcoin section, so stop considering for invest to altcoin and keep hold your Bitcoin tight (advise for newbies), investing on altcoin more over on ico project are needed more research and info's about the team, too risky for newbies whom not ready to losing his money. HODL BTC are the best  Smiley.
newbie
Activity: 110
Merit: 0
May 26, 2018, 10:43:09 AM
#69
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.
Thank you so much for this wonderful.idea you had given to us. We will now be guided in these idea on how to invest well so that we can avoid loss.
Get to know the pros and cons of investing in cryptocurrencies. Only after your understanding the risks and rewards fully you should consider looking at dos and don’t of investing.
jr. member
Activity: 518
Merit: 6
May 26, 2018, 10:30:28 AM
#68
This 6 things must be remembered when dealing cryptocurrency, this our guide when we do the task. This 6 things must be studied and apply in your work.
member
Activity: 406
Merit: 10
May 26, 2018, 10:21:43 AM
#67
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.

Yes indeed it is very risky to out your money into crypto. But the more risk you have, the more profit you will get later.
but cryptocurrency is good to invest for long term. i already saw many peoples gain their earnings because holding long.
hero member
Activity: 3080
Merit: 603
May 26, 2018, 07:29:57 AM
#66
I would recommend to the newbies that before investing to cryptocurrencies, don't fall for an ICO. You better start learning and investing to bitcoin only.
By understanding on how bitcoin portrays as the protagonist of the market, you'll learn all of the things that OP mentioned. And when you are ready to jump and explore with other coins, you'll know on how important it is to have holdings with bitcoin. Newbies who are introduced to altcoins will never understand the worth of bitcoin.
hero member
Activity: 1428
Merit: 506
May 26, 2018, 07:27:02 AM
#65
When investing in something, you need to learn it thoroughly. If you want to invest in Cryptocurrencies you have to learn many things related, market, news, technology ...
Yes you are right before investing we need to learned about cryptocurrencies. Learn to accept the risks and we might lose if you don't know all about crypto. We must do our own research first and we must certain for our own investment.
brand new
Activity: 0
Merit: 0
May 26, 2018, 07:11:17 AM
#64
When investing in something, you need to learn it thoroughly. If you want to invest in Cryptocurrencies you have to learn many things related, market, news, technology ...
MRY
full member
Activity: 560
Merit: 109
May 26, 2018, 07:17:46 AM
#64
I think, before deciding to invest in a crypto currency then it must understand about investments and crypto currencies  that have volatile and ever-changing prices, so should be able to choose which coin will be more profitable for investment
full member
Activity: 434
Merit: 100
☀️ Iskra Coin ☀️
May 26, 2018, 07:16:55 AM
#63
before investing in cryptocurrency we should learn and understand clearly what is cryptocurrency first. do not let us invest in something we ourselves have not memahaminha. in cryptocurrency there are so many tokens so it's important to know which token is good and which ones are not.
member
Activity: 239
Merit: 10
May 26, 2018, 06:56:37 AM
#62
I'm thinking of investing but I have no idea and background for that. I am still looking for the information I need before investing. I am only afraid of making a mistake because one of my friends has invested in ico and he is too trusting, 400 dollars are cheated, maybe this will be a lesson for me to learn what I want to infest
newbie
Activity: 154
Merit: 0
May 26, 2018, 06:34:56 AM
#61
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.
Thanks for this good information this is a great opportunity to anyone interested in crypto.it is biggest help for the new investor.
jr. member
Activity: 202
Merit: 1
May 26, 2018, 06:21:38 AM
#60
actually investing in bitcoin should be. learn first about how to time to buy and sell. after that you want to invest in the long term or short. if bitcoin length is more appropriate for investment. if the short term look for coin whose price rises and falls quickly.
member
Activity: 749
Merit: 13
May 26, 2018, 06:14:08 AM
#59
But sometimes the luck factor was also influential,but if you want to long-term investment select the coins that are in the top ten,a reliable technique and experience a little bit not in need of just enough need incredible patience.Good luck
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
May 26, 2018, 01:35:19 AM
#58
this is not a clear suggestion though! when you want to tell people to be careful when investing and consider a bunch of things then you have to explain why each of these are important and what they mean. for example your #4 and 5 "Technical difficulties" and "Transparency" are too vague. even I have no clue what you mean about these!
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
May 26, 2018, 01:17:50 AM
#57
I also look at the road map and how it is implemented and what it is solving. For example I just invested last week in one coin called PUNDI X because not only do we hodlers get airdropped for the next 2.7 years extra coins for hodling, the roadmpap is implemented to the letter, with more and more partnerships happening by the day and the XPOS roll out will happen end of Quarter 2 which is literally next month and there will be token burning once transactions occur and transaction profits are made.  Smiley. I won't get rich quick with this one but I might get very comfortable one day, albeit slowly.  Grin
jr. member
Activity: 318
Merit: 1
May 26, 2018, 01:14:08 AM
#56
I agree that the income in the cryptocurrency market can be very large. I bought bitcoin in the past year, in the summer. Despite the current price decline, I'm still in profit. But a friend bought bitcoin in January 2018 with borrowed money. He is very upset and does not know what to do now.
legendary
Activity: 1666
Merit: 1001
May 26, 2018, 12:34:09 AM
#55
Yeah that is a good list, and everyone need to know the basic things before invest, beside of that you also need to see the goal of the coin, and also check the team, team is one of the important element, check how they handle the investors and how they introduce the coin, join their group, check their site, hopefully with extra research you can avoid being scammed and can be rich
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