Topic: Five important advices in cryptocurrencies investing ! (Read 392 times)
Nice heads up. Thanks for the tips. Its really true. If I rate my luck this year in investment out of 10 then it will be 4.Im so poor in right scalping and price predictions.Hoping to be lucky next time.
This is a very good post and I agree with you on the points you made. The first thing to do while investing in any coins or altcoins is to do a proper research before you FOMO into it. It is the proper research that will enlighten you on the other factors that you need to consider, factors like the price, exchange, working prototype or product, the all time high, the roadmap and team commitment, etc. And you should also not try to avoid the mistake of investing all your money in one project, learn to diversify.
A good tip, investing in crypto is the key to patience and must be able to fight lust. And must be able to avoid panic. I also panicked and even suffered heavy losses.
These are all basic knowledge that every cryptocurerncy investor should know but i think there is one more thing that i can add. Due to the high volatile crypto market it is advisable to invest into a cryptocurrency that has an ecosystem which uses the token as a utility to help regulate the value of the cryptocurrency from dumping.
Can you give example of those utility tokens that you prefer? I know few but you should your suggestion with an existing coin of your choice. It's a good advice you got there because that what tokens/altcoins created for, to be used by the people in different ways that it can.
This thread is beneficial and i think its good for the newbies in investing crypto. It is pretty sure that upon investing it is better to buy coins that is in a low price, because when it pumps up you gotta have more profit to earn. And most important if we are planning to invest, we should study and research the coin we are going to buy, if it has the good quality or good for long term investment.
Everything you say for investors is true and this is indeed the basic knowledge that all investors must have. This is basic knowledge but investors sometimes forget this basis. They panic more often when the coin price drops. So you have to be patient and use a good strategy will give you an advantage.
These are all basic knowledge that every cryptocurerncy investor should know but i think there is one more thing that i can add. Due to the high volatile crypto market it is advisable to invest into a cryptocurrency that has an ecosystem which uses the token as a utility to help regulate the value of the cryptocurrency from dumping.
This is good advice and regarding the last point you've made you could add that's its advisable never to leave your assets on an exchange unless you're actively trading with them, and also make sure you only choose the most reputable and secure ones and only trade smaller amounts on lesser known exchanges as there's always the risk of hacking and exit scams which may result in losses
These kind of rules have been walking around the forum many times already, but still people by their self-confidence violate them.
You only need to be more self-organized and turn your mind on when investing.
You only need to be more self-organized and turn your mind on when investing.
Your 2nd point is a bit tricky to do because many peoples usually buying coin when they see the coin price is rising.
This is to getting the opportunity to be able to selling with higher price if it keep rising. We better more careful from the bull trap.
This is to getting the opportunity to be able to selling with higher price if it keep rising. We better more careful from the bull trap.
It is true that it is a way to invest properly. But in reality it is only easy to disclose and very difficult to do especially the part to avoid panic.
Tip # 2: "Second: you should always buy at the lowest possible price". I think this is the hardest thing for us. You can see the $ 6k price of BTC in 2018 seems to be the lowest possible, but in December it was about $ 3k. So I think it will take a long time to be able to do this.
Hello everyone 
I want to share with you five important tips to keep in mind when trading cryptocurrencies
First: Do not invest in any currency before studying it thoroughly and searching for it in depth
Second: you should always buy at the lowest possible price
try to buy the currency when it decreases To the lowest levels
and avoid buying on the rise or when it is at the top of the rise
They may go down at any moment
Third: don't panic during the drop of the coin
and do not rush to sell it because it may return
To rise again you must be very patient during trading
Fourth: Do not buy one currency with all of your money this is very dangerous which fall
The currency will result in your loss of everything you own
Fifth: Do not invest in only one exchange but must
use at least two or more exhanges
I want to share with you five important tips to keep in mind when trading cryptocurrencies
First: Do not invest in any currency before studying it thoroughly and searching for it in depth
Second: you should always buy at the lowest possible price
try to buy the currency when it decreases To the lowest levels
and avoid buying on the rise or when it is at the top of the rise
They may go down at any moment
Third: don't panic during the drop of the coin
and do not rush to sell it because it may return
To rise again you must be very patient during trading
Fourth: Do not buy one currency with all of your money this is very dangerous which fall
The currency will result in your loss of everything you own
Fifth: Do not invest in only one exchange but must
use at least two or more exhanges
Good rules but outdated and too long
No matter what token you are buying either bitcoin or etherum
Always do your own research; avoid fud and fomo and sell at the peak
A short summary of your thread
Good luck to you
Finally; never keep your investments on the exchange; stay safe
Thank you for providing us with information on investing and knowing that many investors have read it and have learned a lot about investors to be calm and not to be greedy in investing especially ico scams that are spreading your you can only invest in enough money and just invest in it so that it does not hurt you when you lose big money to invest in ico and do not panic just calm because it can affect your health and you can You will be stressed at your buy tokens and holds.
You have put all your points nicely i will add by saying that while investing in crypto the safest things are:
Never fomo or buy when price is pumping or already pumped.
Always try to buy at lowest point and sell at higher point.
Do not get emotional with any coin and also do not get over greedy.
Diversify to reduce risk.
I think sticking with these basic rules can cut losses and result in profits.
Never fomo or buy when price is pumping or already pumped.
Always try to buy at lowest point and sell at higher point.
Do not get emotional with any coin and also do not get over greedy.
Diversify to reduce risk.
I think sticking with these basic rules can cut losses and result in profits.
Important advices in cryptocurrency? I think one of the most important advice to be hear and to be said in cryptocurrency is to know first on how cryptocurrency works in which you must know what is the up and downs of cryptocurrency especially in jnvesting because if you invest in cryptocurrency there is no assurance that your investment will became higher and give a lof of profit because crypto world have up and downs. And 2nd of all is to know what you are investing to avoid scammers. For now I suggest to invest some of your money or cash and start a day time trading in which you can earn a lot of amount of money when you become good on it. For now I am using darb finance, in which this trading platform is a very good platform in which you can easily deposit and withdraw your money without any problem. So what are you waiting for? Go and invest and have some good application in trading.
Education and dyor is most important thing in my opinion.
You need to educate yourself about crypto and never trust anybodys saying, just dyor.
You need to educate yourself about crypto and never trust anybodys saying, just dyor.
This is a very good one, this is what we need on this forum for newbies coming into the space and not people coming into the forum to shill projects just to find way to scam people of their hard earned money. I have been saying this and will always keep saying it that before anyone invest in a blockchain project especially when it has to do with ICO, it is expedient to make a thorough research about the project, the best way to start your research is to check the ANN thread of the project to see other users review.
Right, dont invest there, if you don't have knowledge in that project. if you want to invest in a coin you have to understand the ins and outs of the coin. it will give you more chance for profit. and good tips for using lots of exchanges 
Investing entails many risks but can turn out to be rewarding. Investing is just like our journey in life. Investing is open for all but not all can be for investing since not all have the time and the effort needed to make oneself an informed and wise investor. These and more can be quite true when it comes to cryptocurrency. However, if someone can be using your basic and common-sense-filled 5 tips then there is a big possibility of a good future ahead. The thing is to avoid our own emotion when investing and just rely on information and rational decision making...not actually so easy but can be done by anyone.
Wow. It is bluer than blue.
Maybe you should've stayed with just using black fonts and not that sore in the eye colorful thread.
I read it and it is all just basics which have been posted here a lot of times.
You wont get any merits from this since it is just like a repeated thread and you might even get a warning for your colorful art.
Maybe you should've stayed with just using black fonts and not that sore in the eye colorful thread.
I read it and it is all just basics which have been posted here a lot of times.
You wont get any merits from this since it is just like a repeated thread and you might even get a warning for your colorful art.
Yes that's somehow correct but considering the fact that he just applied what he just learned from the basic and beginner tips, it is quite still important to consider as he is making the topic updated, in that case, everyone to altcoins or investment specifically on trading can figure out what should be the essential.
We have so many things in our minds running on minute basis, and sometime, we need these type of little reminder to assist us in checking or track if we are still on the right track in respect to our trading and investment, so I still appreciate him a little for his efforts in outing this up.
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