Topic: how to invest safely in cryptocurrency? - page 14. (Read 4858 times)
I want to add that when you wanna invest in Cryptocurrencies, bar in mind that it is very volatile in price and one of your main concerns should be to ensure that this volatility does not affect you in anyway, this is why you should always set a Stop-loss in every if your trades, it's very important, Stop-loss and Stablecoins is your friend.
if I think personally a safe way to invest in cryptocurrency is :
1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.
There is always a risk of getting something we want to get. Indeed, some of the things you say are something that can be considered before we decide to invest. But, we also need to estimate the likelihood of the results that we can get later, by determining when to buy a coin and estimate the price increase in the future before deciding to invest.1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.
If i am going to suggest, invest only on the existing project like bitcoins or ethereum, in this way its up to you how you could manage your investments, investing in ICO or IEO or project that has not yet launch might not be a good idea for long term profits, its only a short term, but please lets take this seriously because earning money is too hard, lets not predict about new projects being launch nowadays as some of them are just frauds.
one of the safeway to invest in crypto currency is to study the timeline and roadmap and see does the company attend blockchain conference meetings and communicate on social media very often
if I think personally a safe way to invest in cryptocurrency is :
1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.
1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.
Investing in new projects may be high risk but in my opinion there are some good new projects as investments. New projects that are listed at large exchangers might be considered because not all projects can be listed on binance for example. I agree that it is safer to invest in projects that already have products because with products, projects can run for a long time
We can't be at 100% safe in this form of investment and even with the others. The safety of our investment and funds really matter on how we manage it.
Crypto investment is a very risky market and many were fails, but a lot of people keep trying to understand on it and give the best shoot for it will be fruitful in the future. In fact, many did it well and succeed.
It is our courage pushing it and helps in order to achieve our goals.
Crypto investment is a very risky market and many were fails, but a lot of people keep trying to understand on it and give the best shoot for it will be fruitful in the future. In fact, many did it well and succeed.
It is our courage pushing it and helps in order to achieve our goals.
Actually, crypto is full of risk, there is no safe investment in crypto. However, we can manage to be in a safer condition.
Well, I also agree with your statement. But, investing in top 500, it is still side? I think if we want to invest safely, I will prefer to choose the top 100 coins. Moreover, the coins that have high trading volume, high circulation supply, and also future product utility and real case.
Well, I also agree with your statement. But, investing in top 500, it is still side? I think if we want to invest safely, I will prefer to choose the top 100 coins. Moreover, the coins that have high trading volume, high circulation supply, and also future product utility and real case.
Some of the points highlighted here to aid invest safely in crypto are OK but not all. The very first thing to consider is the team, do a background check to know if they are capable to accomplish the project vision. Also check the project development so far if it's worth your investment. Any project without development progress for long is considered dead to me. Then to be very safe, stick to top 10 coins although this is not a guarantee that you will make profit.
I agree with you because investing in project that already has a real product and starts running will reduce the risk of losing a lot of money
Most new projects only want to get a lot of money from investors after they disappear
Most new projects only want to get a lot of money from investors after they disappear
if I think personally a safe way to invest in cryptocurrency is :
1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.
1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.
Are you into investment on ICO/IEO or trading in the market? who have 2 views on your list.
coinmarketcap is not a good website to see if you want to invest in trading. there are so many outside the streets of exchange.
About the product, it is better to buy or invest on the token before they release the product and also before listing in CMC as product and CMC listing is a great leap of price in the market.
if I think personally a safe way to invest in cryptocurrency is :
There are some team who get delay on this and some who were advance, dont look much on the time as long as they are on the right path.
This is a must, development and partnership is a good to keep the fire in the community.
There are so many like this that are now called shitcoin.
Quote
1. the project runs according to the roadmap and whitepaper that has been made;
There are some team who get delay on this and some who were advance, dont look much on the time as long as they are on the right path.
Quote
2. cryptocurrency that we invest in already has a product;
If you beleive in the project then you should invest, some product are not good even they are out.Quote
3. the team always updates about the progress that is happening in the project that we invest;
This is a must, development and partnership is a good to keep the fire in the community.
Quote
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
there are many tokens not in CMC but still one of the best, CMC requires more than 1 exchange so dont focus on it. i will choose the token who are good and will be in CMC soon, another price boost.Quote
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.
There are so many like this that are now called shitcoin.
When you enter on thee crypto market or any other market the first rule is to use money that you can lose without life crush. If you will remember those rule always then any deals will not so terrible. At second, we should remember to use small deposit while we don't have enough experience. I think there are 2 main rules for safety in the any investment
There's actually no perfect indication for a genuine project, but it's best to still be on the look out. Investment in cryptocurrency is highly risky and that explains why several people believe that it's best to invest only what you're willing to loose. Due to the volatility of the market, some persons have gained tremendously while others have losed substantially. You always need to be careful about your investment choice and strive to carry out some due diligence before investing.
if I think personally a safe way to invest in cryptocurrency is :
1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.
I think your just being judgemental buddy! just remember that in Cryptocurrency Investment no one is safe all investors are subjected to any risk, thats because of crypto-currency nature, like unusual fluctuation and extreme volatility and other factors ,thats why investors is being warned before they are venturing in the crypto space, thats why "Invest only that you can afford to lose! And investing in the new competitive and honest projects is not bad as long as you are aware regarding the risk associated with it. 1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.
Top 500 is still too wide and in my opinion not all of them are good to invest, also there are a lot of project are using fake volume to get more investors. I think, coinmarketcap rank can't be a good factor to invest in projects.
Thanks you for pointing that out. Many people think that because a project is in top 100 or whatever coinmarketcap that guarantees the project to be a good one. No.. So many things are happening in the space. Just like you pointed out also, many projects now use fake volumes to lure investors. Its always good to make indepth research before investing on any project no matter the position in the coinmarketcap.
a little extra from me, the team must really be verified at least less or less successful in 1 or 2 ICO projects, the team greatly influences the success of the project, because in my opinion investors from one project will remain part of the other projects, besides, the project must really have an Exchange registration plan.
Thanks for the checklist. It really lightens the investment strategy in cryptocurrencies. There is always risk participating in ICOs as projects are new and we can not predict the future. But with already running projects, from the past updates of development, product and its user base we can have some vision for the future. Also After listing most of the project's coins or tokens price decrease with huge percentage. we can buy cheaper.
if I think personally a safe way to invest in cryptocurrency is :
1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
I agree with this point. In my opinion the most important thing is the product of the project. Because that's what will be used by the community and will affect the price later. Of all the points you mentioned are true, but I often invest in projects that do not look at CMC ratings.
I agree with your analysis, because by looking at coins that are already registered in Coinmarket Cap, it will provide a little risk for us to experience fraud when investing. but its not wrong if you start to invest in new coins that also have good prospects like old coins. but this is all about your beliefs when want to invest.
if I think personally a safe way to invest in cryptocurrency is :
1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.
1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.
I agree on that point. Coins that have an active developer team will always be an option because a project must depend on a good developer team. In addition, by having a product, altcoin will be more in demand because it will be more quickly adopted
Jump to: