Topic: Don't Invest On Coins Blindly - page 2. (Read 502 times)
Looking at the red market, of course, beginners or bounty hunters are afraid that if they invest blindly, studying experienced investors, they will look for coins that have the potential to invest. Investing blindly is not a way out but will commit suicide by spending coins like people gamble.
For many people, this is a common mistake, especially for newcomers. Usually novices are cryptocurrencies that friends know, so it's easy to follow a friend's investment, but bear markets can easily lose money, so novices should learn the basics of cryptocurrency.
I believe that bounty hunters will not blindly invest in any coins, because hunters can always learn many ways to distinguish between ICO projects and crypto when looking for bounty activities!
I got educated when I first came in and I think it is our duty to share what we know with the beginners even if we don't know them.
Some new entrants in cryptocurrency trading do trade blindly on coins without doing their research on coins before investing, majority invest base on FUD or a pump group which are not realiable.
The following are some of the factors to consider before investing in coins base on long terms investment:
On-going Projects
Community Hype
Market sentiments
Future projects
Social media reach
This especially applies to beginners. At first they have a lot of enthusiasm and they are ready to invest in any coin, which they will be advised, but then they begin to realize their mistakes. Probably everything comes with experienceThe following are some of the factors to consider before investing in coins base on long terms investment:
On-going Projects
Community Hype
Market sentiments
Future projects
Social media reach
That's a good statement or Advised for all possible investors in this Market, Yes, one should need a lot of home work, information gathering, market research, market structure, the fundamentals, market strategy, Consumer's confidence or behavior towards such coin in the market, Invest only what you can afford to loss if the market gone crazy, Have a good timing for an investment and above all you have the patient to monitor and ready to act if you need to decide on your possible sell off to protect your profits.
Some new entrants in cryptocurrency trading do trade blindly on coins without doing their research on coins before investing, majority invest base on FUD or a pump group which are not realiable.
The following are some of the factors to consider before investing in coins base on long terms investment:
On-going Projects
Community Hype
Market sentiments
Future projects
Social media reach
The following are some of the factors to consider before investing in coins base on long terms investment:
On-going Projects
Community Hype
Market sentiments
Future projects
Social media reach
I agree with you
but I did not speculate especially for this month. I waited until the end of the year and read the situation and looked for various information to confirm it, there were no growth indicators so I would not speculate before the market seemed to be moving growth
You are going to lose everything fast if you invest because of the hype and I've seen this happen to so many investors, create a criterion do a research interact with the experts and check the people behind it if you will fail to do this and you are going to lose everything.
People are going hype especially in good times in crypto like what happend last year. It's so tempting to invest without second thought when the factors are positive. But crpyto market is not always an easy money. Losing is part of the game so it is very important to be wise before making a move.
Some new entrants in cryptocurrency trading do trade blindly on coins without doing their research on coins before investing, majority invest base on FUD or a pump group which are not realiable.
The following are some of the factors to consider before investing in coins base on long terms investment:
On-going Projects
Community Hype
Market sentiments
Future projects
Social media reach
Yes, I agree, this is the right wishes, you can not blindly invest in the market, especially in a market like crypto-currencies, here without knowledge you cannot earn money. I advise everyone to listen to this common advice. The following are some of the factors to consider before investing in coins base on long terms investment:
On-going Projects
Community Hype
Market sentiments
Future projects
Social media reach
Yes, that is quite right, because nowadays electronic money has so many different coin, we can hardly choose the right coin to invest in, so consider carefully before Select any coin.
Always have a time for research when you are planning to invest on any coin because it would help you a lot in finding the potential coins. Investing and trading cryptocurrencies are risky and everyone need some preparations, especjally newbies, to avoid future losses. Greed is mostly the reasons why some investors or traders chose a wrong coin and lost some big amount of their investments later.
Of course there is no sense to invest on coins blindly we have to collect all information about the project and it's team of developers then we can take a decision weather we invest or nope.
It was supposed to be a preliminary step to do. but we also know that many people are too greedy in crypto so just know to pursue results regardless of a good strategy for crypto regarding what should be invested. This is a lot to make a loss for everyone because even their own coming into line losses.
Of course there is no sense to invest on coins blindly we have to collect all information about the project and it's team of developers then we can take a decision weather we invest or nope.
Making money in the cryptocurrency market is not easy. I saw many friends around me losing property because they bought crypto.
Some new entrants in cryptocurrency trading do trade blindly on coins without doing their research on coins before investing, majority invest base on FUD or a pump group which are not realiable.
The following are some of the factors to consider before investing in coins base on long terms investment:
On-going Projects
Community Hype
Market sentiments
Future projects
Social media reach
some of the analysis in that regard would be helpful to get the right investment. but now many are too expect results without doing some research first and this is a big mistake. especially, newcomers, they see crypto is a field that always produces without looking at the risks that exist. The following are some of the factors to consider before investing in coins base on long terms investment:
On-going Projects
Community Hype
Market sentiments
Future projects
Social media reach
I did this two times. First time end of last year, my small blind investment yielded good profit, later put this money where i lost most of it. So i am on even position now lol
Regret that i didn't take profit otherwise today i would have good amount of money to make investments, specially as this seems like a perfect time to do that.
Regret that i didn't take profit otherwise today i would have good amount of money to make investments, specially as this seems like a perfect time to do that.
Because basically they are in a hurry to attract big profits, so it is very easily influenced by the FUD news and then will suffer a big loss after buying the coin.
An active community is one way to overcome this so that we avoid rubbish coins.
An active community is one way to overcome this so that we avoid rubbish coins.
You are going to lose everything fast if you invest because of the hype and I've seen this happen to so many investors, create a criterion do a research interact with the experts and check the people behind it if you will fail to do this and you are going to lose everything.
I agree with you. Most of the people basically those who are new came to this market and don't understand it. Some of them play safe game they just invest in top coins but the rest of them go for overnight- millionaire. So they influenced by some did or some yt channel or some group and they invest in some pump and dump coin. And after that they leave the market for their bad experience. It's make the whole ecosystem effected. So whenever you invest in a place always research about that investment then go for it. Everyone make some adds to show that their product is good but you have to examine it then use it. So first do some research then go for investment.
Definitely anyone who invest in any coin or token without proper research is already a step to doom. Newbies mainly fall into this category or those who follow pump channels, they always get burnt especially when they go big on the investment. In essence, before making any investment in crypto, do your own research, don't just invest because people are investing. I see some guys buying into some scam projects doing self drop, who will still dump all their shitcoins even after a cheap listing. The most recent saga is Xentimentum, XTM, it's heart breaking to know that they've deleted all their social media handles. Please let's be guided, just my opinion.
I do agree with you. Especially most of the newbies invest without having any research. The most thing attracts newbies is the pump of a coin. But hey pick in the wrong time actually and lose huge money.
For secured investment, people should, of course, invest at least 70% of total investment in top 10 coins.
For secured investment, people should, of course, invest at least 70% of total investment in top 10 coins.
That is true, we do not need to invest without knowing or understanding what type of ICO we are joining for. Their are decisions that we need to think for many than creating without thinking. Well their are scam ICOs we just gather information on how does it run so that we will be in particular area.
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