Crypto Investment - page 4. | Bitcointalksearch.org

cengat

newbie

Activity: 29

Merit: 0

Quote from: TitanGEL on February 04, 2020, 12:30:52 AM

Quote from: jakelyson on February 03, 2020, 10:37:21 AM

It is the same with any other investment, if you do not know what you are getting into, you are doomed to fail. Kudos to the OP for taking the time to understand what cryptocurrency is and the key points that could move the market. And also, a little bit of luck might have helped them get their positive portfolio. 10 months ago the market is in bad condition and they still saw the opportunity it offers. The market slowly recovered from then up to date. If they saw that coming, it is a great foresight and proof that their system is working.

This post also serves as a good example for others who wanted to start investing. Do not just ride the hype like what those wannabe investors who joined crypto in 2017. They bought when the price is heavily pumping and saw bitcoin as a get-rich-quick scheme. They tank afterward. Taking the time to study and learn crypto is hard but it is worth it in the long run.

If you put money on something that you did not understand, it is not investing because it is a gambling. If you say investing, you have money working for you where you know the information and the process. We should be aware that cryptocurrency investment is risky but we can handle it if we have good psychology and mentality. Of course it is confusing for the new people in the market but they will get used to it if they will keep reading different useful information.

That's right on spot. Cryptocurrency should become more of investment tool for much more people, but the old community around it is used to behave like it is gambling.
I don't know about psychology and mentality, but Im sure useful it will be to read more articles about this.

TitanGEL

sr. member

Activity: 1036

Merit: 281

Quote from: jakelyson on February 03, 2020, 10:37:21 AM

It is the same with any other investment, if you do not know what you are getting into, you are doomed to fail. Kudos to the OP for taking the time to understand what cryptocurrency is and the key points that could move the market. And also, a little bit of luck might have helped them get their positive portfolio. 10 months ago the market is in bad condition and they still saw the opportunity it offers. The market slowly recovered from then up to date. If they saw that coming, it is a great foresight and proof that their system is working.

This post also serves as a good example for others who wanted to start investing. Do not just ride the hype like what those wannabe investors who joined crypto in 2017. They bought when the price is heavily pumping and saw bitcoin as a get-rich-quick scheme. They tank afterward. Taking the time to study and learn crypto is hard but it is worth it in the long run.

If you put money on something that you did not understand, it is not investing because it is a gambling. If you say investing, you have money working for you where you know the information and the process. We should be aware that cryptocurrency investment is risky but we can handle it if we have good psychology and mentality. Of course it is confusing for the new people in the market but they will get used to it if they will keep reading different useful information.

sunsilk

hero member

Activity: 3038

Merit: 634

Congratulations with your gains then. But, see to it that it wouldn't come on a daily basis and at least you've got to experience some more dips that's coming along the way.

Are you up into something because you have mentioned about algorithm which is rare for a new investor to think about it. I think you have made yourself very prepared for this but making up into something like that.

aioc

hero member

Activity: 2926

Merit: 567

The volume and the price speaks for itself everybody here in the community are now investing in Cryptocurrency be it an old coin a new one or up and coming project, investing in Cryptocurrrency is the most profitable venture now, the profit is great but of course you also need to do a full research on the coin that you are going to invest.

HarmonyA

full member

Activity: 602

Merit: 100

Investing in crypto resources into digital forms of money includes significant danger and misfortune and isn't appropriate for each financial specialist.

Throughout the years, Bitcoin has performed firmly with noteworthy returns and proceeding with client appropriation. Of all monetary forms around the world, Bitcoin yielded more noteworthy returns.

Gozie51

hero member

Activity: 2660

Merit: 630

Vave.com - Crypto Casino

Crypto investment and other investment is not the same. Crypto investment is in more than one way, either you are hodling or you are trading it. So if you are hodling, it means you can only make profit when price goes above you invested price. This kind of profit to me is difficult to have and it is seasonal like what happened in 2017.
But trading investment is more appropriate in my own eyes because you make some instant profit daily.

plvbob0070

copper member

Activity: 658

Merit: 402

Investing will only lead you to either loss or gain. You can say that investing in crypto is great, only if you understand the risk that you're taking. We have to understand that we don't know what will be the future market value so it's up to us how are we gonna keep ourselves away from losing our money when investing. We should make sure that we truly know how crypto works and how can we earn from it regardless of how risky it is.

If you don't have enough knowledge of crypto investment, you might end up losing your money. It is the knowledge that we really need when investing. Every businessman must know how to run a business before starting their own. And this is also the same as investing in crypto. Why would you invest in something you don't know? That is why before you invest, make sure you are mentally and financially prepared for all circumstances.

jakelyson

legendary

Activity: 2240

Merit: 1069

It is the same with any other investment, if you do not know what you are getting into, you are doomed to fail. Kudos to the OP for taking the time to understand what cryptocurrency is and the key points that could move the market. And also, a little bit of luck might have helped them get their positive portfolio. 10 months ago the market is in bad condition and they still saw the opportunity it offers. The market slowly recovered from then up to date. If they saw that coming, it is a great foresight and proof that their system is working.

This post also serves as a good example for others who wanted to start investing. Do not just ride the hype like what those wannabe investors who joined crypto in 2017. They bought when the price is heavily pumping and saw bitcoin as a get-rich-quick scheme. They tank afterward. Taking the time to study and learn crypto is hard but it is worth it in the long run.

worle1bm

full member

Activity: 1834

Merit: 166

Quote from: Yatsan on February 03, 2020, 09:57:10 AM

This is a Bitcoin/Cryptocurrency forum man, so all of the response will be in favour of crypto, haha.

Investing in crypto is undeniably worth it, short term or long term investment Cryptocurrency will be the king of it. Just see the market fluctuations that what traders want good ups and dumps, regular trading or marginal trading as long as you know what you are doing you will get an instant and quick profit. Don't you know how to trade? Just go for long term investment, and I am sure that it will pay you well here in crypto.

I think you missed the point OP wants to convey and discuss. Rather than discussing whether cryptocurrencies worth investing or not, he is pointing out the idea of systematic investment. Most of the crypto traders are naïve and choose the time and amount of investment arbitrarily. But that's wrong. Best out of best investments fail if not invested on right time. Reading market is equally important in case of cryptocurrencies as any other investment.

Several people made investment in XRP and TRX trusting the word of mouth few years ago and today their folio is down by 80-90%.

By the way, this thread is more appropriate in Trading Discussion section IMO.

Yatsan

legendary

Activity: 2576

Merit: 1252

Leading Crypto Sports Betting & Casino Platform

This is a Bitcoin/Cryptocurrency forum man, so all of the response will be in favour of crypto, haha.

Investing in crypto is undeniably worth it, short term or long term investment Cryptocurrency will be the king of it. Just see the market fluctuations that what traders want good ups and dumps, regular trading or marginal trading as long as you know what you are doing you will get an instant and quick profit. Don't you know how to trade? Just go for long term investment, and I am sure that it will pay you well here in crypto.

Kritina.nielsen

newbie

Activity: 2

Merit: 0

Investing in Cryptocurrency comes with associated risks like any other monetary investment. I asked myself this question 10 months ago if it was worth it to invest in it. First, before I made the decision to go through with the plan. I took my time to understand all the necessary details or terminologies involved. An important tool in investment is to be equipped with knowledge so that you will be able to spot the red flags and pull the plug before losing your capital. After equipping myself with knowledge, then I created a team of 5. We designed an algorithm that helps mitigate the risks and predict market trends with full control over our gains. At first trial for the first 3 months, the return was at 10%. After 6months, we were able to boost the return to 30% and thanks to the recent uproar in prices, we clocked a record 35% return last week. I would say it is worth investing in Cryptocurrency but it is best to do it the right. Feel free to drop your opinion.

Topic: Crypto Investment - page 4. (Read 484 times)