how to invest safely in cryptocurrency? - page 3.

barabarian1

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Quote from: Handsome Boy on August 11, 2019, 10:01:24 AM

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.

yes I agree with some of the things you mentioned are safe ways to invest in crypto and this can minimize the risk of loss. I also never invested in a new project because some of the new projects were a scam, they just wanted to raise money and then leave. it's better to invest in an old project that already has a trusted and experienced dev and development team. and of course we must always do research before investing.

miklesm

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If you want to earn on the cryptocurrency market, you need to have your own risk management strategy. For example - keeping 50% of your funds in Bitcoin, 40% in top altcoins and 10% in low-cap altcoins.

doomistake

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Quote from: Classica35 on October 25, 2019, 08:17:52 AM

If a project can outgrow its competitors, then that will be a good one to go for. There are so many projects with similar products, but the capacity of their products differ. Of I find a project, I look around for the competitors in the space, then I choose the best.

You can do this on the half way of their ICO, and you'll lose the chance of making huge profits by this approach. Investing safely in a cryptocurrency is taking risks as much as we can, the more choices we made, the more choices we could have to be rich. We don't have to be bother by thinking negatively but we should always be positive on decision making, if we did already the things we need to do to secure our capital when investing, that should be suffice to have a peace of mind.

White Christmas

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Quote from: Handsome Boy on August 11, 2019, 10:01:24 AM

if I think personally a safe way to invest in cryptocurrency is :

4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);.

As usual we must invest on the projects that is in the top of all the rankings so we must invest first in the first top 10 projects or coins in thre coinmarket cap, not in the top 500 coins because with this wide range there is a lot of trash coins and projects ranging 100-500 so it is not precise to invest in this kind lf projects. The rank that we must invest into is the top 10 or the most good and awesome projects and coins that are listed in the coin marketcap because I believe that this are enough evidence that they are legit.

erickastella

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Quote from: riso2015 on October 29, 2019, 11:28:46 PM

Quote from: TelolettOm on October 29, 2019, 11:11:18 PM

All things must be learned first to be able to invest in cryptocurrency because if we only hear people's advice about altcoin which is good is the same because we also can't analyze it. and in my opinion right now the main thing is to learn it. and there is no word "safe" for investment in cryptocurrency. Even altcoins that are said to be the best also carry risks. so indeed you must be prepared with all these things

Investing in the world of Crypto is indeed full of risk, but by choosing the right coin, which has a high volume on the Exchange, it can reduce the chance of loss. Indeed, at the moment it is very difficult to analyze which coins are right for investment, because Crypto price movements are still not stable.

yes that's true, but now there are lots of price cutters, where altcoin goes up then suddenly the dump is very drastic by that cutter, therefore we have to be careful of people like that, we can use stop loss to minimize losses

riso2015

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Quote from: TelolettOm on October 29, 2019, 11:11:18 PM

All things must be learned first to be able to invest in cryptocurrency because if we only hear people's advice about altcoin which is good is the same because we also can't analyze it. and in my opinion right now the main thing is to learn it. and there is no word "safe" for investment in cryptocurrency. Even altcoins that are said to be the best also carry risks. so indeed you must be prepared with all these things

Investing in the world of Crypto is indeed full of risk, but by choosing the right coin, which has a high volume on the Exchange, it can reduce the chance of loss. Indeed, at the moment it is very difficult to analyze which coins are right for investment, because Crypto price movements are still not stable.

TelolettOm

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All things must be learned first to be able to invest in cryptocurrency because if we only hear people's advice about altcoin which is good is the same because we also can't analyze it. and in my opinion right now the main thing is to learn it. and there is no word "safe" for investment in cryptocurrency. Even altcoins that are said to be the best also carry risks. so indeed you must be prepared with all these things

p2pclub

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Haha, I guess that many investors lost their money. So, it's not 100% safe while doing investing in some altcoins.

You may choose big altcoins to buy and hope that grow fast. That's the only a safe way here.

ice098

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Quote from: Meysa_richa on October 25, 2019, 08:18:53 AM

Nothing is safe for investment in Cryptocurrency, moreover it is a new project. Even though that Top Cryptocurrency project managed by a professional manager can make us lose money. In my opinion, investing in Bitcoin and Coins in the top 10 of Coinmarketcap may be safer than investing in new projects. Moreover, up to 500 Coinmarketcap ratings, it is very difficult to find coins that are safe to invest.

In able to be safe in investing we should know first the coin that we are investing, you may see the list in coinmarketcap if you want, there will be a top coins there, all of them are active and it is safe to invest with, they are also in a good exchange not like a shit exchange that has a fake volume. invest in those coins who has a good exchange because you knew that they have the budget in everything and they didn't abandon their coin when listed.

huu78

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I agree with you. But there is no safest investing in crypto because the price change drastically can profit and loss. Investment risk in Cryptocurrency is greater. Why is it so because there is a significant decline and increase.
So, a big risk of giving a big profit but losses can end a lot or vice versa. Therefore, we must make a plan or plan in order to minimize the risk of loss and have a plan to refund the lost funds.

ahyadinnn

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Quote from: TriplexXx on October 29, 2019, 06:51:02 PM

Investing in new is very profitable if you find the right one. But you invest in a bad project is the place where you will lose some money. I think it is better to invest within the top 200 coins in the market instead of withing top 500 altcoins. Top 500 are way too many.

If you want to invest in a new project, it's better to first research the project you want to invest in - Profit. However, the risk is also high if we invest in new coins, and I prefer to invest in a list of 1-10 coins in coin marketcap because I think those coins have the potential to increase in the future.

tabas

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Quote from: ?? on ??

If following the way above, then I think very safe. Thanks bro for the way.

You need to be very cautious about them and be aware of what you're investing. Ignorance of it will surely pull you down to scam projects which we don't want to happen for everyone.

Quote from: pgbit on October 29, 2019, 04:31:15 PM

And most importantly, bear in mind that nobody cares about making you a bunch of money in this space, they are more interested in lining their own pockets so if you see any projects being shilled too much, DYOR before you invest if you will NEVER FOMO.

Agree to this.

TriplexXx

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Quote from: Handsome Boy on August 11, 2019, 10:01:24 AM

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.

Investing in new projects is very profitable if you find the right one. But you invest in a bad project that is the place where you will lose money. I think it is better to invest within the top 200 coins in the market instead of within the top 500 altcoins. Top 500 altcoins are way too many, you could fall into scam coin easily.

pgbit

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And most importantly, bear in mind that nobody cares about making you a bunch of money in this space, they are more interested in lining their own pockets so if you see any projects being shilled too much, DYOR before you invest if you will NEVER FOMO.

Meysa_richa

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Nothing is safe for investment in Cryptocurrency, moreover it is a new project. Even though that Top Cryptocurrency project managed by a professional manager can make us lose money. In my opinion, investing in Bitcoin and Coins in the top 10 of Coinmarketcap may be safer than investing in new projects. Moreover, up to 500 Coinmarketcap ratings, it is very difficult to find coins that are safe to invest.

Classica35

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If a project can outgrow its competitors, then that will be a good one to go for. There are so many projects with similar products, but the capacity of their products differ. Of I find a project, I look around for the competitors in the space, then I choose the best.

cdog

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Quote from: TrevorS on October 25, 2019, 06:11:17 AM

Quote from: ?? on ??

There is a lot of fraud in the industry, ratings can be bought like the site and the roadmap and everything else. If you invest then in the top and time-tested coins.

I agree with you, almost everything is being bought at the moment, from ratings on websites to first places in local blockchain competitions. Trust is necessary only for those projects that are time-tested. And this, as the topic starter said, projects from the top 1-500. In general, I like investments in bitcoin and in not more than 7-10 altcoins in the proportions of 80% = BTC, 20% - altcoins.

That's right, I also like BITCOIN. It has been explained that investing in a new project has a greater risk than us investing in an old project. therefore if Bitcoin has proven to be the king we should choose a good coin (Bitcoin)

TrevorS

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Quote from: ?? on ??

There is a lot of fraud in the industry, ratings can be bought like the site and the roadmap and everything else. If you invest then in the top and time-tested coins.

I agree with you, almost everything is being bought at the moment, from ratings on websites to first places in local blockchain competitions. Trust is necessary only for those projects that are time-tested. And this, as the topic starter said, projects from the top 1-500. In general, I like investments in bitcoin and in not more than 7-10 altcoins in the proportions of 80% = BTC, 20% - altcoins.

batang_bitcoin

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Quote from: ?? on ??

investment wherever there will never be a guarantee of profits, everything must have a risk of loss that can occur at any time without your knowledge, and when you make an investment in cryptocurrency you must be able to accept that the cryptocurrency price movements do not always go up, certainly one day it will also happen very long price reduction.

You've said it right. All investments doesn't guarantee profit as long as it's coming from an established company that's giving you dividends to earn. Well that's a low risk type of investment and also including the government bonds. The root of being safe investing to crypto is by simply educating yourself. Once you are aware of the sides of it, the pros and cons, the potential scams and people that you should avoid involved to a project, you can protect yourself by avoiding them.

cryptothreads

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Quote from: ?? on ??

investment wherever there will never be a guarantee of profits, everything must have a risk of loss that can occur at any time without your knowledge, and when you make an investment in cryptocurrency you must be able to accept that the cryptocurrency price movements do not always go up, certainly one day it will also happen very long price reduction.

The crypto market has unexpected things happening and it is difficult to predict the future of this market so it is best to think many times before investing. I lost over half of my assets when investing but I still believe those coins will rebound because the crypto market is always a promising destination for everyone. I may not be making much profit now but things will be different in the near future.

Of course I still hold Bitcoin now because this is the safest long-term investment and only sells when the coin reaches $15,000.

Topic: how to invest safely in cryptocurrency? - page 3. (Read 4878 times)