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Topic: Don't invest In Bitcoin and Cryptocurrencies! - page 3. (Read 650 times)

hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
don't invest in cryptocurrency if you don't have patient to waiting for the price because the price in the cryptocurrency will always change and it will go up and down in anytime. but with the patient, you can handle your emotion which can give an effect to your investment and you not become panic if the market is in the downtrend. I agree with the OP that we should know about the things that the OP mention before we decide to invest in cryptocurrency.
hero member
Activity: 1092
Merit: 504
★Bitvest.io★ Play Plinko or Invest!
Title was just to bring the attention of Those who are thinking of investing money in bitcoin or any other crypto currency.

A few things you must keep in your mind before investing in Bitcoin or any other crypto currency:

1.Make sure you have read the whitepaper of bitcoin or the currency you are thinking to put money in.
2.Crypto currencies are not just for making money.
3.There are no guarantees of profit.
4.You can loose all your money so invest only what you can afford to loose.
5. Don't panic when market fluctuates because its not only you who is controlling the market.
6.Do not buy and sell in FOMO(Fear of missing out) & FUD(Fear, Uncertainty and doubt).
7.Take opinions but Do your own research before taking any decision.
8.Do not forget to check the bitcoin forum to know more about that project.
9.Last and the most important: Patience is the key.


The last point is the most important IMO - patience. I agree with other suggestions. There exists a lot of misinformation for newbies but this year is showing to us that some good signs are just ahead.
Adoption is growing fast and development in crypto space is going exponentially. Bull market will come back. Now you can just sit and relax, don't need to hurry.
jr. member
Activity: 126
Merit: 1
Your suggestion are appreciated but they should be legit only for ICOs, imo Bitcoin is another story! Isn't it?
I support bitcoin to the core of my heart but I am asking people to enter into it on their own consent and understanding about it NOT BECAUSE EVERYTHING IS GETTING INTO IT.
jr. member
Activity: 126
Merit: 1
don't invest in crypto and BTC, what are you talking about broo.
i think that's all wrong, i know crypto market is so low and so many people is take a loss so much.
but, you know investing in a short time is not recommended, i always take a profit because i do a long trading.
i hold arround 1 year and sell it when i take a profit.
Please read the complete post before putting any comment Smiley #Hail BTC!!!
newbie
Activity: 602
Merit: 0
Yeah you are absolutely right, before investing in any ico one have to follow all of the rules, and have patience because after investing sometimes market will fall down, but later the market will grow up again and you can gain profit from here.
full member
Activity: 518
Merit: 100
Good tips that could save lots of investors out there. Cryptocurrency is more useful than just making Money. You can invest for better and efficient way of getting your work done or for academic research and other case uses!
newbie
Activity: 133
Merit: 0
Yes, investing in this year's encryption market is indeed very risky. And most of the cryptocurrency prices have fallen very badly this year, but the market so far, I think it is already investable.
jr. member
Activity: 126
Merit: 1
Title was just to bring the attention of Those who are thinking of investing money in bitcoin or any other crypto currency.

A few things you must keep in your mind before investing in Bitcoin or any other crypto currency:

1.Make sure you have read the whitepaper of bitcoin or the currency you are thinking to put money in.
2.Crypto currencies are not just for making money.
3.There are no guarantees of profit.
4.You can loose all your money so invest only what you can afford to loose.
5. Don't panic when market fluctuates because its not only you who is controlling the market.
6.Do not buy and sell in FOMO(Fear of missing out) & FUD(Fear, Uncertainty and doubt).
7.Take opinions but Do your own research before taking any decision.
8.Last and the most important: Patience is the key.


Lol your title has nothing to do with the content. Grin
Read the post too Cheesy
hero member
Activity: 896
Merit: 504
Honestly I think that this recommendations are applicabile for any type of investments. Investments on the classic markets have the same risky. But this risks will be realized faster in cryptocurrency.
newbie
Activity: 140
Merit: 0
I like your style of getting people's attention. You have said well with all those points you have made. One should do all that before investing in any ICO project.
newbie
Activity: 1
Merit: 0
Hey,I'm thinking of investing in Cryptocurrency.What do you think about this site https://westlandstorage.com/best-way-to-invest?p=233516

Is it trustable?I would love an opinion on this investment platform.
newbie
Activity: 70
Merit: 0
thanks for the information you shared, this is very useful for me as a beginner in crypto. indeed we cannot carelessly invest, because crypto is a world full of risks.
jr. member
Activity: 182
Merit: 1
Stopping Bitcoin investment and any other investment generally is a moment of taking risk. You need not to invest more than you cant afford to lose. Invest with spare money and enjoy the little you will get. 
member
Activity: 341
Merit: 10
Title was just to bring the attention of Those who are thinking of investing money in bitcoin or any other crypto currency.

A few things you must keep in your mind before investing in Bitcoin or any other crypto currency:

1.Make sure you have read the whitepaper of bitcoin or the currency you are thinking to put money in.
2.Crypto currencies are not just for making money.
3.There are no guarantees of profit.
4.You can loose all your money so invest only what you can afford to loose.
5. Don't panic when market fluctuates because its not only you who is controlling the market.
6.Do not buy and sell in FOMO(Fear of missing out) & FUD(Fear, Uncertainty and doubt).
7.Take opinions but Do your own research before taking any decision.
8.Last and the most important: Patience is the key.


As long as you enter the market for a while, you will know all of this. But not everyone will remember and list out for newbie. Thank you for your post. It's really useful for newbie Cheesy
member
Activity: 574
Merit: 10
don't invest in crypto and BTC, what are you talking about broo.
i think that's all wrong, i know crypto market is so low and so many people is take a loss so much.
but, you know investing in a short time is not recommended, i always take a profit because i do a long trading.
i hold arround 1 year and sell it when i take a profit.
full member
Activity: 420
Merit: 100
Thank you for your helpful advice, the importance of education and research is the key to success in investing in crypto. Although risky, cryptocurrency is my future where I can get a lot of money.
newbie
Activity: 165
Merit: 0
I don't think so. I think Bitcoin is worth investing. Many cryptocurrencies are worth investing. In this falling market, the prices of many cryptocurrencies have fallen a lot, including bitcoin. I think the current price is very suitable for investment.
sr. member
Activity: 1002
Merit: 250
Unfortunately most people will not pay attention to such a post, as many beginners are here in search of money, but not everyone will be able to find them and get some profit.

You are saying about newbie, aren't you? Only new beginner who has the first time in the crypto world would not read these posts.
With bitcointalk member is set sr member or higher, they always know what they must find when having a decision to invest in cryptocurrencies.
sr. member
Activity: 602
Merit: 250
You do not invest in bitcoin and electronic money. It is your individuality that nobody forces. Once you've figured out and you have the investment or investment. Bitcoin helps you make money but can also make you lose money. Need to have a solid knowledge of this field.
member
Activity: 336
Merit: 10
Do you really think WP is really important like that? For me, I don't care about WP of any project after every cryptocurrency Smiley. If they have a really good WP but all other things are suck so you still believe in these cryptocurrencies? LOL. It's the only thing I don't agree with you in your list Smiley.
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