CryptoCurrency Investing Tips | Bitcointalksearch.org

unangsajah

member

Activity: 196

Merit: 10

Quote from: Suharti12 on March 09, 2018, 05:56:30 PM

To invest in the world of cryptocurrency you must be really careful to choose the coin that you will buy and determine the cheap coins and coins are good for you to buy in order to get a satisfactory profit.

Yes it is true friends, to invest in the world of cryptocurrency must be very careful, because the price of coins we buy we will not know how the price going forward. whether to profit as we expected, or even loss. Therefore should read a lot of information about the coins we will buy, so we can minimize our losses.

jinxing

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Activity: 276

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There are many ways to estimate the future value.
Focus on a few coins rather than spreading your investment thinly.
Buy it low and save it. Consider also reinvesting the initial profit back into the currency.

jpurusa

newbie

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There are so many other types of coin besides bitcoin.we have eth,ripple,litecoin etc.with different price level today. Some countries have accepted officially but there are more other countries that don't accept cryptocurrency and unregulated.In crypto investment you have high risk.To anticipate and minimize this risk, you are recommended to invest in several coins with small amount of your idle money. Please focus on investing at coin with lower price like eth, ripple, litevoin to minimize risk that may happen.

Jlimao28

newbie

Activity: 266

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Quote from: amzadabir on March 05, 2018, 12:23:34 PM

This said we need to note that cryptocurrencies are not a normal investment. The volatility grossly exceeds that of any other investment class. It is to some parts unregulated. There is the risk that cryptocurrencies get outlawed, that exchanges get hacked or that you lose your cryptocurrency key. Cryptocurrencies are a high-risk investment.
So an important advice is to only invest as much that you can keep on living and be if all of it goes to zero.

Yes, cryptocurrency is not a normal investment alike in real life investment. Most of the time, we are always risking our money, time and effort but in the end we lose. Cryptocurrency is a matter of time, a lot of coins bullish over a period of time and it is not necessarily that you invest now, you are a millionaire of tomorrow. There are times that you need to withdraw you capital even you did not reach your expected price, there are times that the exchanges are being hacked and the worst is that, one of your account will also gone and there are times that the price in your portfolio always remain the same even you put your capital 2 years ago. That's the life of a trader, there always sacrifice and risk whenever happens in our capital. But in order to avoid these, we must have a knowledge to control unexpected events. Trading is like a gambling, we cannot earn money if we will not gamble it.

Suharti12

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To invest in the world of cryptocurrency you must be really careful to choose the coin that you will buy and determine the cheap coins and coins are good for you to buy in order to get a satisfactory profit.

squatz1

legendary

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Flying Hellfish is a Commie

Quote from: amzadabir on March 05, 2018, 12:23:34 PM

This said we need to note that cryptocurrencies are not a normal investment. The volatility grossly exceeds that of any other investment class. It is to some parts unregulated. There is the risk that cryptocurrencies get outlawed, that exchanges get hacked or that you lose your cryptocurrency key. Cryptocurrencies are a high-risk investment.
So an important advice is to only invest as much that you can keep on living and be if all of it goes to zero.

Yeah this is a big thing which you're going to have to remember, when you're investing into Crypto it's like you're investing into penny stocks in the normal stock market. Think of all of your money as lost once you put it into crypto, and if you can live with that then you're good with crypto investing and you're the type for it

It's a matter of how much risk you can withstand, once you know that then you're good for crypto.

jolajola

newbie

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Thanks for the tips.It'll help a lot.

amzadabir

newbie

Activity: 112

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This said we need to note that cryptocurrencies are not a normal investment. The volatility grossly exceeds that of any other investment class. It is to some parts unregulated. There is the risk that cryptocurrencies get outlawed, that exchanges get hacked or that you lose your cryptocurrency key. Cryptocurrencies are a high-risk investment.
So an important advice is to only invest as much that you can keep on living and be if all of it goes to zero.

drabe

newbie

Activity: 56

Merit: 0

Tricks are taking a transcending shape in the crypto world. Remain side by side of the same by directing an intensive research of a specific type of coin before putting resources into the same.

More on : https://www.currencytimes.co.in/cryptocurrency-investing-tips-currencytimes/

Topic: CryptoCurrency Investing Tips (Read 162 times)