Topic: Crypto Investment - page 2. (Read 481 times)

well, the benefits obtained in cryptocurrency can indeed be very high, but no one knows when it happens because the price movement of cryptocurrency depends on how the conditions of demand are at the exchange place, so when you make an investment anywhere there will certainly be a risk and in every investment there is nothing can provide a guarantee of profit because indeed the price movement no one can guess accurately.

2 things that I appreciate for my part, it is the possibility of withdrawing my money from the basic system. And secondly, possibly taking advantage of some speculation to make this money grow.

Well said. Only few people appreciate the use and importance of cryptocurrency that we are the only one's who appreciates it. Good thing that bitcoin and cryptocurrency is continuously increasing it's price that more people are now investing their money in cryptocurrency because they learned that it can helped them to provide their daily needs.

One of the best innovation today is with the use of cryptocurrency because we all know that before only a few people appreciate the income you will have in crypto they just ignore the use of it but by the time goes by the price of the crypto continuously increasing and giving a lot of profit to the people make an investment on it, and now we are in the era that the cryptocurrency becomes popular because the huge amount it gives every time it goes up. Today many people getting encourage because they know the potential of the coin to give a lot of money on them but still there are people failed their investment because of lacking knowledge and ideas on how it works. Cryptocurrency is very risky because there are only things you will have, to win or to lose your money but life is just like the investment it depends on your faith and luck.

Cryptocurrency investment has really some staggering gains, i've seen a guy here posted his recent trading gains about 20% all in one day. I also know some people who trades at stocks and but they only manage to gain 2-3% in a trade. Right now stocks is in a decline due to inflation.

This is not just my opinion as a crypto investors but this are all facts. I think in time cryptocurrency could become more valuable than it is today compared to fiat.

I am interested in investing in crypto because I already saw what is happened with crypto in 2017, and I am sure that the crypto can repeat the history and who knows, this time, the crypto can increase so high more than in 2017. With many predicting from the analyst, and we saw what happened in the past, the crypto price will have the possibility to break the high price. Crypto investing itself is different than the investment that we used in real life because, in cryptocurrency, we need to control our emotion because the crypto price will not stay at one rate. If we can realize the risk, then we can invest in crypto without any problem.

I voted yes, based on my experienced and market condition, but you did not mentioned particular coins in your post, you still need to do a research on the coin that you want to invest because not all coins are created equal, there are coins that has great potential over the others and there are some coins created to become a shitcoin.

The only investments worth the time are investing directly in companies (equities) investment in gold or investing in crypto because these are proven to beat the rising inflation and decreasing money value. You will be amazed to see how your position change if you invest smartly in a world where people love to invest money by keeping paper money under their bed lol.

Right on spot. Unfortunately, many people think that diversifying means invest in different cryptocurrencies which is not right at all.
Simply because if bitcoin somehow falls/disappears/breaks - whole alt market will fall too.
Invest in different fields and you won't lose everything in a moment

First of all,what kind too is that you designed to predict the market trends?

Technical analysis is more effective way to boost your profits along with timely decision what what to do and not when the trend changes.

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Crypto currencies got highest volatility compared to other kind of investments so chances of making profits is higher here.

Simply stated yes it is "worth it".  Crypto is an asset class that is only growing not shrinking.  The question is how much do you want to invest into it.  Diversifying into multie asset classes (stocks, metals, real estate, etc) is healthy and protects your downside of having everything in one bucket.  Crypto is no different.

Good timing, I would say. 10 months ago is somewhere around March or April, depends on calculation. In this case it's the same, last year prices had their peak in Jun/July, who bought before and sell in that time (it's the time when most prices had their top btc over 12k, eth over 300, I don't remember all of them) made a nice profit.
You didn't need any special strategy to make profit in this way. In January last year btc price was under 4k, so if you bought bitcoin in period from January to May last year you have your money doubled, in some moments even tripled, if you hit a good moment for selling.

That's the problem to many people who are new in this industry. They have heard about crypto but what caught their interest is profit. Cryptos are really profitable but profit won't be earned in an instant. Bitcoin became popular because its market price have reached new levels on the previous years, giving new people in this industry, an initial thought that once you invested, profit will follow. But it is not. And since the market prices on the recent years are on downward motions, they started making absurd conclusions that investing would only result to huge profit loss not knowing the actual 'game' in this investment.
If you would be patient, you would win for sure. The market price of cryptos do tend to increase at some point and fall in a sudden, and that's market volatility. Observing those who are not new, they do remain calm everytime the market value of most cryptos are falling because they know what to do and what to anticipate next.

Those who invested recently are mostly losing interest already because the situation at this moment did not meet their expectations of easily earning profit just by investing.
The reason is that, no one could really predict the market behavior or when will downfall and uprise occur, it is just a matter of 'feeling' or speculations of the majority, which affects the actions of some investors to align their expectations to the 'hype' most of the people are creating.

that is thier mistake that op didnt make . they quit due to a small issue which was seeing a bear but if they only do what the op does  ( doing research before hopping in  ) i am sure that they can handle those bears that they see  . its true crypto didnt differ with other investment assets but the only thing that cryptos excell is because they are highly profitable due to thier amazing nature ( volatility )while others are just stable and also other investments are more riskier especially if you dont know the company that your investing with because in any moment they can collapse 

Almost two years of investing in cryptocurrency, I can say that I did not regret it. Let's be honest, it aids our financial status. I admire your journey, mate. In fact, putting up a team isn't that easy. I know because we are planning to build a team, too (together with my brothers). Just like you, we will combined our knowledge as well as our funds to do some tradings.
 
 We are in a practice stage right now before doing some actual trades. We have a goal everyday to make sure we are ready enough to do tradings. Hope we can make a success trades like your team.

What I like about your post is you did the right thing before jumping into investing with crypto, you let yourself equipped and because of that you gain profit by following your strategy.

Like any other investment crypto is not different, it has risk and its necessary to gain knowledge first to become aware of what to do incase something unexpected happen.

But each of us has different experience, some succeed while others chose to quit due to the long bearish trend and cant stand seeing their assets losing its value.

People who already invest in cryptocurrency in 2013-2017 will want to continue the investment because they believe that bitcoin price will increase higher, especially in this year or the next year. They still buy more bitcoin, and now they have a good time to buy bitcoin in lower than $10k, so they can hold it for a while until the price can increase more than $15k. But some people are buying and sell bitcoin to make more money in bitcoin or usdt, but they still prepare to hold more bitcoin because that means they will make a big profit in the future.

I am an investor of crypto since 4 years ago and I can say investing is really profitable if you do the right thing.
Personally, I don't trust other people when making a decision, I like to do it myself and been doing that since before and I can still some success.

The problem with trusting other people is you have to pay for the premium or the call they'll give to you but it doesn't help you grow as an investor or as a trader, so if you do it yourself, you are also learning as you are making it a long journey for you.

You should invest in cryptocurrency only and only if the you have some background knowledge into it. Crypto is a complicated thing because the ways on how to earn some of it is trading. You should be able to predict chart movements so that you can earn money in a short period of time. There are also some instances that the investors is holding their coin until such time that its price is ready for selling.

If you have enjoyed the benefits of cryptocurrency since 2017 then you are happy to date. I am sure there are still many assets that you have and you invest in, but for people who are new to cryptocurrency they are afraid of cryptocurrency investments they cannot control their emotions so they always look panicked when make an investment.