Do I invest in cryptocurrency or coinbase COIN - page 4.

Hypnosis00

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Quote from: gina1980 on April 15, 2021, 08:30:24 AM

Is investing in cryptocurrency is good idea or COIN ,

I believe that they are both in profiting but just to ask yourselves first which you are comfortable with. Because for me, I choose to invest in crypto. Though it consists of high risk, however, I was comfortable also that I can manage to control my emotions and could face the risk of it. I already have knowledge in crypto and that seems to be the advantage.

Just bear in mind that to choose where you confidently could perform right, not just because we are aiming for huge returns but we even don't know how to do it, that actually be useless.

tvplus006

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Quote from: gina1980 on April 15, 2021, 08:30:24 AM

Is investing in cryptocurrency is good idea or COIN ,

I do not have access to trading on the stock exchange, but for those who wish to purchase Coinbase shares, they can do so on the FTX cryptocurrency exchange. And since yesterday, such trading is also open on the Binance exchange. But I did not buy such tokenized shares, due to the fact that since the start of trading, the price has decreased by 50%, which I consider unacceptable for such a promotion.

kpierce77

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investment styles can be different. Long-term investment is always better if you are able to choose an asset that is really worth investing in (BTC, BNB or Doge which is currently trending). I feel that investing in stocks is also good, but I think it is for a longer time, whereas in this case I prefer crypto with a shorter investment duration and also a good profit.

As I said earlier that both opportunities are quite good, you can adapt to your own investment style. if you really are able to get a better profit from an investment, just do it and don't have to compare it

dotcoin.info

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Personally, I have not invested, but it seems to me that it is worth it. All the same, coinbase is not too far behind Binance, and you can now see what happens to the BNB coin.
Therefore, it may make sense to invest in this coin to everyone who has free funds. One way or another, this exchange will work for a long time, as it is the flagship in the market, that is, you should not worry about its safety and long-term.

Vaculin

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Quote from: gina1980 on April 15, 2021, 08:30:24 AM

Is investing in cryptocurrency is good idea or COIN ,

https://talkoncrypto.com/viewtopic.php?f=6&t=35

Don't have any doubts but why not try? It for sure everyone here would say the crypto investment is good but this is only for those who are willing to invest, not just by saying.

Maybe you are thinking about risk and losses. Well, that only depends on you if were not able to manage your investment carefully. But just wanted to remind you that not all the time we are in the bullish season that we can get a huge profit, sometimes we also face the crisis during the bearish season which is the biggest challenge for everyone on how to control our emotions especially when seeing our portfolio is declining.

imstillthebest

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coinbase is related to crypto and theres no need for comparison if where you will invest but go a head because coinbase is a trusted company but i cant tell if thier own coin will pump because not all likes coinbase because there are good alternatives from wallet to exchanges but with less limitations and are not strict.
why share your post from the other forum ?
you want us to reply there ? its name is similat to bitcointalk but only crypto

LUCKMCFLY

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To invest in Wall Street you have to take into account that the market moves very differently from cryptocurrencies, bitcoin and other similar markets, in the Bitcoin market volatility is the usual ingredient that makes the market unique, on Wall Street It is different, if you look at it, some successful investors like Warren Buffet make profits over 8 and 10 years, in Bitcoin the market moves much faster, the considerations you should take is, if you are actually prepared to invest in any type of market, be it on Wall Street or cryptocurrencies, because if you enter and don't know what to do it is much more difficult, because gambling is not a good strategy.

Coibase Coin has not yet closed the week, it is likely that these shares will rise a lot, because the Bitcoin market is very strong, but you have to be prepared for any eventuality, whether the market gives you profits quickly (It can happen) or that go against you. IF your intention is to invest in the long term, I recommend that you diversify in both markets, as long as you see it as a medium and long term investment to see how the market reacts to these events.

isaac_clarke22

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Well I haven't invested just yet to COIN, but since you're already in Coinbase why not do something a little bit for Bitcoin before you invest to any other cryptocurrency.
This might fall to altcoin discussion board, OP in case you're really not looking for investing in Bitcoin.

gina1980

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Guys Thanks for your replies... also i would really appreciate if you reply on the link of talkoncrypto forum , as it was asked by someone

JohnSmithK

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This time crypto is actually trading at great heights. Prices are growing like rockets. Recently,Ripple’s XRP token has grown more than doubled to US$ 1.96 per piece in the past one week. It is an eye-popping recovery for Ripple since 2018. The coin is glittering again, up 100 per cent up against its 52-week low of US$ 0.1742. Also, Elon Musk’s favorite meme-based cryptocurrency Dogecoin has recorded a new all-time high of US$ 0.145308, soaring over 28 per cent in the past 24 hours. Whereas Ethereum has been trading in a range of US$2,298.78 to US$2,486.87 in the last 24 hours, with a one-day volume of US$ 42.14 billion. Its current market cap stands at US$283.45 billion and it is still down 1.76 per cent from its all-time high.
Its really a great question for all of us: https://kalkinemedia.com/news/cryptocurrency/is-it-a-good-time-to-invest-in-dogecoin-xrp

Kong Hey Pakboy

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I would suggest that if it is your first time then probably you should invest in bitcon more than stock because if you look at it, bitcoin grows faster than any stock out there so you proabbly can hold it off and buy bitcoin and hodl it first before doing any other things.

el kaka22

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Investing straight into cryptocurrency will be a better option. If you feel like you should invest in $COIN by Coinbase, maybe it would be best if you just invest a part of the money into and then the rest goes for cryptocurrency investment. Cryptocurrency is a better option for me, especially when it is bitcoin, because no one is going to be controlling your asset or telling you when to leave the market or not, you have full control over your asset. Maybe I wouldn’t know how to explain it better to you, but cryptocurrency is the best investment that you’re going to make, but since Coinbase’ $COIN is kind of trending, you can put a part of the money in it.

maxreish

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We can give different advices here as to where you might choose to invest your money but then at the end, you will decide it on your own. Since I am having a good experience in crypto investments, I am recommending it to you. Especially that I have been a long term hodler and that makes me earned a massive profits today because of the bullish market.

Weigh all the possible advantage and pros cons of the two before deciding which one to choose. Afterall, profit is more important regardless which of them you will gonna choose.

rhodelmabanal

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We have different sights on cypto and if you want some coin because of its amazing background then grab it, crypto currency is a good way to earn profit if you know how it works or how things happening in the crypto market. But you also need to be careful because scams are everywhere before you grab some amazing opportunity make a research and find some legal evidences that the coin you wanted to invest is legit to avoid wasting of time and money.

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Quote from: gina1980 on April 15, 2021, 08:30:24 AM

Is investing in cryptocurrency is good idea or COIN , please suggest

If you are riding the expected hype that COIN will bring, while trading will be open on Binance soo, then just be careful and make sure you will monitor it well.

As for other coins, we have different views on each coin. I won't suggest what coins should be on your portfolio as we have different approach how to manage those.

TimeTeller

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Quote from: Johnyz on April 15, 2021, 04:02:57 PM

Quote from: gina1980 on April 15, 2021, 08:30:24 AM

Is investing in cryptocurrency is good idea or COIN , please suggest

https://talkoncrypto.com/viewtopic.php?f=6&t=35

Depends on what project you’re investing since not all cryptocurrency are worth it and some are shitcoins that can’t give you profit but an headache. Coinbase is huge, they tend to offer more in the public as they enter in the public market so this can also be a good option for your investment, this is a top cryptoexchange as well.

Is the investment for long term or short term? Sometimes, it depends on your goals here.
If you are investing in coinbase, I think this one is good for long term.
Their price per share may continuously increase over time. But that is one risk you need to be ready with.
And with other alts, if you are not familiar with them would be hard to invest your hard-earned money.
Maybe just keep your funds in btc or eth. At least, these 2 for me are relatively safe.
But if you have enough funds, you can invest in both. Diversifying is a very good thing when it comes to investments.

Johnyz

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Quote from: gina1980 on April 15, 2021, 08:30:24 AM

Is investing in cryptocurrency is good idea or COIN , please suggest

https://talkoncrypto.com/viewtopic.php?f=6&t=35

Depends on what project you’re investing since not all cryptocurrency are worth it and some are shitcoins that can’t give you profit but an headache. Coinbase is huge, they tend to offer more in the public as they enter in the public market so this can also be a good option for your investment, this is a top cryptoexchange as well.

Insanerman

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Quote from: gina1980 on April 15, 2021, 08:30:24 AM

Is investing in cryptocurrency is good idea or COIN , please suggest

https://talkoncrypto.com/viewtopic.php?f=6&t=35

Both COIN and other crypto in general has their own risks. Why not invest on both? If I were you, I would invest most of my capital or atleast a minimum of 90% on crypto that is currently on dip or those that have a high chance of growing and 10% on COIN. Despite of being popular and strong, COIN is a token for an App, and once that app would have huge problems such as being hacked or had an issue with transactions, then expect a huge decrease on your investments. By the time that you COIN were doubled, there's a bigger chance that your crypto grew even more than 10x.

boyptc

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It's a stock and it just launched so if you think that there will be a hype on it, buy and sell it afterwards. But you can consider it just like other stocks for long term if you want to hold it.

I wouldn't invest on it, instead I'll invest on bitcoin.

Mahanton

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Quote from: DarkDays on April 15, 2021, 11:38:06 AM

Quote from: gina1980 on April 15, 2021, 08:30:24 AM

Is investing in cryptocurrency is good idea or COIN , please suggest

https://talkoncrypto.com/viewtopic.php?f=6&t=35

If you want to invest in crypto why be bogged down by one coin when there are so many to choose from.

The portfolio of a good investor shows great diversification, and there's a reason for that. If you can, my advice is to try out with a few coins and get a feel first don't jump start into the first coin you come across, do some analysis.

Would always be better if you do have this kind of behavior rather than on jumping in things just because you had been hyped or been suggested by someone which is really a bad habit to start on because most likely
you would really be ending up on losing investment instead of earning but well everything isnt a guarantee this is why this decision will really vary into yourself if you would push it out or not basing on your
own analysis.Its your money and its just your own decision wether you decide to proceed or not but just like on what others been saying on here that trying out first with few coins isnt
really a bad idea at all. Diversification is best to lessen up the risk and dont focus on few coins.

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