how to invest safely in cryptocurrency? - page 6.

aomakun

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Quote from: tetyulfania on October 07, 2019, 02:20:16 AM

Update by team at telegram or twitter channel is most important to know which one profitable ICO or not, I see many ICO have ended team is not working anymore with social media account look die.

social media is something that gives information to the public about the updates carried out by the project, at this time many social media have stopped to tell about developments.
as you said that the update about the project is important, but the current developer has forgotten that.

tetyulfania

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Update by team at telegram or twitter channel is most important to know which one profitable ICO or not, I see many ICO have ended team is not working anymore with social media account look die.

ufaiz50

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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.

Instead of safely, I actually think of avoiding the risk of cryptocurrency investments. As far as I know investing is where we invest money and it is not safe unless you hold it yourself, but there is no guarantee that what you say is 100% able to secure investment, I mean safe thinking to eliminate losses and not just pay attention to investment fraud.

akar87

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If project running according rule of the road map I think is the best project for investing and safely to get profit, why many ICO is not get profit? they are not running according road map and delay from bonus distribution and delay for listing at exchange market, black market like forkdelta become bounty campaign destination and make price down.

Tomcolor

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Everyone coin volume not real in coinmarketcap so don't trust without carefully checking. I believe coinmarketcap volume top 100 coin still and i know their lot of promising mission so you can search your best coin in coinmarketcap top 100 coins.

donadoni212

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Quote from: 103deltafox on October 05, 2019, 11:46:25 PM

For me, I would not just invest on the top 500 coin on coinmarketcap, rather i will do research on them and pick projects that have an active community, that gives updates on their social handles and follow what is on their project map Map

it's clear bitcoin is the ruler so i will continue to believe in the market ruler who has a high selling value and has a large volume. in investing make sure the place is really good so that it can provide good results in the future.

Pinkris128

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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.

What you've stated are nice tips to make investment here in this industry more manageable. But I personally believe that there is no absolute way of investing safely because there is always risk in investing money in any industry. Tho, it is nice that you point out about the whitepaper because there are fools that does not double checks if the project is following what is written there.

BlackFor3st

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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.

What you are suggesting has a point but not all the investors will like it but maybe newbies and other who don't want to crumble in finding a good project to invest in will just go for your suggestion.

Most of the new projects will give you a good amount of profit if you can hit the jackpot so the professional investors are keep on looking for this kind of project. The higher the risk of your investment will give you the highest return if you can hit the right project. But if you are looking for a safe investment and you don't have a problem with the long term investment then top 10 in coinmarketcap is the safest route for you.

wingfield_crypto

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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.

Mostly I agree with you. The project team must always send information on the progress of the project. It must also have some initial goals that it must complete on time. This makes you a professional. But I would not invest in the top 500 coinmarketcap. Rather, I trust the top 200, if it is a significant investment.

103deltafox

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For me, I would not just invest on the top 500 coin on coinmarketcap, rather i will do research on them and pick projects that have an active community, that gives updates on their social handles and follow what is on their project map Map

strickland

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Quote from: SummerBliss on October 05, 2019, 06:30:15 AM

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;

These points are the quintessential for ICOs. A project fulfilling all three points above is surely going to be successful in long run. Point 1 suggests that everything running according to roadmap which means there is enough buzz about project in the market. It doesn't have to delay its operation due to less response. Point 2 is the best thing an ICO project can achieve, The actual implication of whitepaper.

Quote

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

This is not as relevant as the above three. Some projects restrain themselves from listing on exchanges initially but that doesn't mean such projects are not worth investing. Rather, in my opinion, projects should avoid listing on exchanges before actual execution of project because it will only leads to dumping of coins.

There is no safe investment opportunity. I wouldn't invest in anything that seems suspicous.

MetalGear

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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.

It will be very helpful for people who's just about to start investing in crypto to listen to people who has been doing it for a long time and has experienced different downfalls in crypto space for they already know what to do and what to avoid doing. It will also be very beneficial for a new investor to read books about investments, study what is inside crypto space and how you should act, decide and move within it. But aside from that, always weigh thinhs carefully, weigh everything and think if they can be of help and not just leading you to wrong decisions.

mhine07

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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.

For a newbie that wants to invest in cryptocurrencies this is a good reference for them. If i will choose my money to invest in cryptocurrencies i will choose bitcoin nad etherium if i want a big profit in a long term investments. This two coins have their names in the world of cryptocurrencies that can make a huge profits when their value goes high.

aji567

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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.

this can also be used as a reference to find a good bounty. I always do the 5 steps you mentioned before following the bounty and also investing in cryptocurrency.

DigeNarrator

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read few investment books before investing
its the safest way to learn

passwordnow

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Leading Crypto Sports Betting & Casino Platform

I used to believe that projects with products were really good. But after realizing that it's no exception to failure because there were projects that still fail whether they have a working product/app or service.
We have different reasons as to why we invest and we have several standards on why we choose that project and coin to invest with.

lab rat hoax

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I think the most important thing to consider before investing in an altcoin is to look at the stock exchanges where that coin is listed. Do not trust too much on that coin if it is listed on a volumeless, unknown exchange. The second important factor is that coin's projects and roadmap. I don't recommend buying coins that do not have a remarkable project and do not have a reliable roadmap. Finally, see the technical analysis of the coin. If it looks technically positive you can buy it. Other than that, I fully agree with the views of the handsome boy

SummerBliss

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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;

These points are the quintessential for ICOs. A project fulfilling all three points above is surely going to be successful in long run. Point 1 suggests that everything running according to roadmap which means there is enough buzz about project in the market. It doesn't have to delay its operation due to less response. Point 2 is the best thing an ICO project can achieve, The actual implication of whitepaper.

Quote

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

This is not as relevant as the above three. Some projects restrain themselves from listing on exchanges initially but that doesn't mean such projects are not worth investing. Rather, in my opinion, projects should avoid listing on exchanges before actual execution of project because it will only leads to dumping of coins.

10BTCaDay

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Quote from: alicea on October 05, 2019, 01:10:51 AM

DYOR on the team, the whitepapers and everything thing they say on SM because these days scammers are just copying and pasting the whitepaper to scam user out of money. DYOR is the golden rule in trading

nobody is copying anything now. scammers have become much smarter than a year ago. those people who are trying to scam investors disguise their actions very well

Darooghe

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The first one, avoid FOMO If it's pumping and everyone's talking about it, don't buy it. If it dips but nothing has changed fundamentally and you believe in your initial assessment, don't sell it. Second, Whatever you do for investment, wait longer than you feel comfortable waiting. Whatever a project is or isn't, it nearly always takes longer to become that thing than we imagine it will. Don't rush into buying unless there's a good reason. Don't rush into selling unless there's a good reason. third, Look at the fundamental use-case of the project. Only invest if you have a good reason to. Conversely, only sell if you have a good reason to. fourth, Don't purchase crypto with money you 'need' in any sense that directly impacts your quality of life. Crypto is highly risky, and any money you actually need should be invested in much safer places.

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