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Topic: I hope this helps new crypto investors, do not hesitate to read - page 2. (Read 623 times)

legendary
Activity: 2716
Merit: 1383
Number 2 on the list is very essential element nowadays, before or back in 2017 during the boom period, every coin without utility use to bring in profit because of the market status, but now things have changed, project with utility are the most sorted out by investors because eventually they are the ones that will survive.
The utility of a coin has always been really important it is just that back in the day when the faith in icos was at its maximum they had a hidden utility, they were great vehicles of speculation, it was not rare back in those days to listen stories of people becoming rich every day with an investment they made in an ico no one ever heard about, this fuelled the bubble of 2017, but after the crash we have suffered and the fortune lost by the majority that use case for icos is gone and only the ones that have a solid group of developers and a good use case have any chance to become long lasting projects.
full member
Activity: 1498
Merit: 146
Good complied list though, but I don't agree with IEO because its still risky in crypto investments, better try day trading than investing on an unknown project.If you can buy tokens from top exchanges then it might give you chance to make profits but if you miss the perfect time the token value will be dumped and you need to wait too long to recover from it.
Hm you did have a point, IEO can't be trusted but if the IEO is on binance or okex and Kucoin you will definitely make some profits in a short time, those IEO projects only takes minutes before the whole tokens got sold out, there is assurance of 2x upward
Its really very short time frame to invest so if we miss it out then its gone forever because its hard to make profits if we buy the same tokens on exchanges even after the dump happened so better to invest on the recovering tokens than waiting for the perfect project.
full member
Activity: 770
Merit: 100
Oikos.cash | Decentralized Finance on Tron
Good information, newbies are safer with IEO projects from binance exchange and other top exchanges, if you are the type who is in a hurry to make quick money IEO is the best solution, though IEO launchpads don't take place every time but you can stay up to date following top exchanges social channels
I'm sure that there is no any newbie who has ever taken part in IEO on Binance. for this, you need to have a very good experience and knowledge and be very lucky
member
Activity: 266
Merit: 11
Good information, newbies are safer with IEO projects from binance exchange and other top exchanges, if you are the type who is in a hurry to make quick money IEO is the best solution, though IEO launchpads don't take place every time but you can stay up to date following top exchanges social channels
legendary
Activity: 2632
Merit: 1239


If I just have to sum it up for one general rule of thumb, its just to tell you not to invest in any altcoin at all but only BTC.

you can never go wrong with investing only in BTC no matter how little this investment you have as long as its BTC, you will profit from it. For altcoins, I guess if you have some time to waste like me who collects altcoins do it with the reality that no matter how legit the project may look, they still can be scam.

This is ridiculous. Every trader will first give you an advice to diversify your portfolio. If you are investing in crypto and buy only BTC, there is no diversification.

I'm not saying that investing in Bitcoin is bad, but you shouldn't put all your money in "one basket". There are several altcoins that hold their value pretty good. For example, LINK is still a good investment because without project like Chainlink, two separate blockchains can't communicate. And if crypto is to become mainstream, blockchains have to communicate between themselves and with outside world.
full member
Activity: 1330
Merit: 147
Those points will be useful for many people even this is not for newbie but there still many people who fall to the scammer trap just because they ignore many thing like your points.

Crypto currency is not something new anymore, there are a lot of information already who will provide a good information at least to help someone to avoid lose the investor money.

This about how about investor awareness, if they are aware they will find many source first to make their money safe or even they get profit in it. There are a lot of investor who lose a lot of money but you must know also there is many investor who gain a lot of money when they invested money into crypto currency.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
I don’t like the first point. There are a lot of good coins with very small capitalization and I buy them very often because there is work on the development of the project. such coins can bring 1000 percent profit
another stupid shitposter ,if you did bought those cheap coin then why not put the names here?
and  besides %1000 ?don't fool yourself because this is once in a million chances .
very nice this thread is made can help new investors if want to invest in new crypto projects maybe a little extra from me, more certainly looking for projects that are able to do IEO in large markets such as binance Usually it will give a big profit if the trade is started
Binance is good exchange and i love what this are doing now.

but lets Keep this thread up because Investors are safer if this will comes to their knowledge .
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
very nice this thread is made can help new investors if want to invest in new crypto projects maybe a little extra from me, more certainly looking for projects that are able to do IEO in large markets such as binance Usually it will give a big profit if the trade is started
You are right. IEO in large exchanges is promising for a new investor. not without risk, but it will be safer. Most importantly new investors must look and analyze how the crypto trading market works.
a large exchange place may not be able to provide the best IEO because at this time many large exchange locations depend on trading volume, I prefer to participate in a place of exchange that has high confidence so that there is a guarantee from the place of exchange.
full member
Activity: 431
Merit: 100
very nice this thread is made can help new investors if want to invest in new crypto projects maybe a little extra from me, more certainly looking for projects that are able to do IEO in large markets such as binance Usually it will give a big profit if the trade is started
You are right. IEO in large exchanges is promising for a new investor. not without risk, but it will be safer. Most importantly new investors must look and analyze how the crypto trading market works.
hero member
Activity: 1246
Merit: 501
very nice this thread is made can help new investors if want to invest in new crypto projects maybe a little extra from me, more certainly looking for projects that are able to do IEO in large markets such as binance Usually it will give a big profit if the trade is started
member
Activity: 854
Merit: 10
1. Beware of low marketcap coins, they are more profitable but less reliable, they can die real fast
This is what I talked most here and I think one of the most risky investment. Low marketcap coin can be easily manipulated and hyped by a single people and through creating fake hype, they attract newbie to invest on such project and the initial hype creator just dump their bag and rip the newbie off with a valueless shitcoin. Newbies must follow some basic rules to avoid getting their investment rip off.
Anyway, I think these are some good piece of advices for newbies.

Most times, shit exchanges list te low marketcap coins and that is where newbies fall into their traps. This is more reason top exchanges are highly recommendable for newbies. At first, those low marketcap coins would look like they are going to be profitable, bt by the time they are done and about to exit, the volume reduces drastically and not only that, the price falls at a very low base. Selling becomes more difficult than buying.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
All of the lists are good new crypto investors and all people who already joined the crypto world. I agree with all of that, and it will be good if you spread out there so many people out there can read and know what they need to do. We can use social media to make them aware of investing in the crypto market, so they don't have to regret in the future.
Yeah, that's right! That's how we can see a good future of cryptocurrency. People are always frustrated about choosing scam projects in the past. I like all points even for old investors but I won't suggest DeFi projects for new investors. Tezos, Harmony and Cartesi are new, good and reputable coins. One side is down means the others side up, that's how we can increase real investors and reject scam projects.

Tezos will be enough to invest for the investor, both old and new, so they don't have to search for another project. But don't forget to select bitcoin as your main investment because bitcoin will give you a chance to make a big profit. And you can also make a profit in bitcoin from the altcoin or from the coin you choose. And remember that you must analyze before you invest because the situations are not easy to select the other coin.
sr. member
Activity: 1372
Merit: 322
1. Beware of low marketcap coins, they are more profitable but less reliable, they can die real fast
This is what I talked most here and I think one of the most risky investment. Low marketcap coin can be easily manipulated and hyped by a single people and through creating fake hype, they attract newbie to invest on such project and the initial hype creator just dump their bag and rip the newbie off with a valueless shitcoin. Newbies must follow some basic rules to avoid getting their investment rip off.
Anyway, I think these are some good piece of advices for newbies.
full member
Activity: 1750
Merit: 118
If I just have to sum it up for one general rule of thumb, its just to tell you not to invest in any altcoin at all but only BTC.

you can never go wrong with investing only in BTC no matter how little this investment you have as long as its BTC, you will profit from it.

what about those who complain that invest on btc too ? i thought you can profit from btc no matter what ? some cant profit on btc but they can profit on other coins , its only a matter of timing and some luck .

 its not good to promote btc alone because alts will become useless  if no one will invest on it but alts are useful too and profitable too
full member
Activity: 664
Merit: 100
the information you provide is very helpful for new members, and also the information is a reminder for old members to be more careful in investing.
legendary
Activity: 3052
Merit: 1281
Get $2100 deposit bonuses & 60 FS
Good complied list though, but I don't agree with IEO because its still risky in crypto investments,
He said short term investment that will yield profit and IEO is one of the better options, though investor must make sure that the IEO is held on a reputable big exchange.



Pretty much all the pointers OP stated are worth noting to at least minimize the risk on investing in cryptocurrency, but still I would say considering the max supply will also help us to maximize our profit.
full member
Activity: 686
Merit: 102
[snip]

Points are really good. New investors can follow these points. Right now IEO investment is much popular than others so choose good platform is really important. Binance IEO project really good profitable at this moment and many people taking that opportunity very well. It's always a good idea to choose a top exchange for IEO investment and stay away from those projects which give you fake promises and  give too much bonus in their ieo event.
legendary
Activity: 2492
Merit: 1018


If I just have to sum it up for one general rule of thumb, its just to tell you not to invest in any altcoin at all but only BTC.

you can never go wrong with investing only in BTC no matter how little this investment you have as long as its BTC, you will profit from it. For altcoins, I guess if you have some time to waste like me who collects altcoins do it with the reality that no matter how legit the project may look, they still can be scam.
full member
Activity: 399
Merit: 100
All of the lists are good new crypto investors and all people who already joined the crypto world. I agree with all of that, and it will be good if you spread out there so many people out there can read and know what they need to do. We can use social media to make them aware of investing in the crypto market, so they don't have to regret in the future.
Yeah, that's right! That's how we can see a good future of cryptocurrency. People are always frustrated about choosing scam projects in the past. I like all points even for old investors but I won't suggest DeFi projects for new investors. Tezos, Harmony and Cartesi are new, good and reputable coins. One side is down means the others side up, that's how we can increase real investors and reject scam projects.
member
Activity: 1260
Merit: 21
Number 2 on the list is very essential element nowadays, before or back in 2017 during the boom period, every coin without utility use to bring in profit because of the market status, but now things have changed, project with utility are the most sorted out by investors because eventually they are the ones that will survive.
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