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Topic: interest in the cryptocurrency (Read 219 times)

hero member
Activity: 2870
Merit: 574
September 27, 2023, 08:12:24 AM
#29
Before deciding to invest in crypto, someone must do research first to avoid making a mistake when starting.
But most people who invest in crypto started because they saw advertisements on social media or because they were invited by their friends to buy certain coins.
Instead of researching potential coins, they follow their friend's invitation to buy them, which results in them being unable to make a profit later.
This often happens because people are lured by offers that involve getting quick profits in a short time, even though investing in any field takes time.
But if they only invest in bitcoin and always buy it regularly, they can get that profit after 1-2 years.
But again, even if it is a bitcoin investment, they still have to research to find a good time to start investing in bitcoin.
hero member
Activity: 896
Merit: 653
September 27, 2023, 03:22:10 AM
#28
The regulatory landscape, market trends, new blockchain initiatives, significant price changes of well-known cryptocurrencies like Bitcoin and Ethereum, as well as adoption by traditional financial institutions or businesses, are some of the common subjects of interest in the cryptocurrency industry.
Yes, it's true that the usefulness of Bitcoin is no longer hidden, and as such everybody now wants to take advantage of it's fluctuating price difference & invest in it as an asset now known to be far more better than keeping money in our traditional banking system for long-term investment by both the same financial institutions, businesses & private individuals who could have a clue how crypto works. So it's not a new thing anymore, because as time goes on, are we expecting to see a larger crowd in the adoption of cryptocurrency, and by that I mean Bitcoin to be precise, as it's the only coin that have been known to survive over a decade appreciating massively in value.
sr. member
Activity: 1008
Merit: 371
September 27, 2023, 02:43:21 AM
#27
Someone who enters the world of crypto must be aware that their decision to enter this world of investment carries risks and at any time their money can be lost if they are not careful. Analyzing the market and checking the information they receive is a must, because quite a lot of media are biased and they could be scammed by the information they get.
Especially for newbies, most of them are often exposed to scams or experience losses in their investments because their mindset is only about profit without thinking about the risks of the coins they buy. That's why knowledge about crypto is the most basic thing in the crypto world.
hero member
Activity: 1232
Merit: 524
September 27, 2023, 02:27:28 AM
#26

When making investing decisions in the unstable cryptocurrency market, keep in mind to check the veracity of your information sources and to proceed with caution.

The same is true for investments a person makes in the global stock market. There is always a risk associated with investment anywhere you invest. In crypto, if you are investing in well-known coins and know how the market behaves, then there is no need to worry. If you are putting your money in Bitcoin, keep one thing in mind, you are in for a long-term investment.
If you want to try your luck in trading, you have to excel in technical and analytical skills.
sr. member
Activity: 1358
Merit: 268
★Bitvest.io★ Play Plinko or Invest!
September 27, 2023, 02:00:00 AM
#25
Almost all of the community investors here in the crypto space know that there is a real risk when we invest in any cryptocurrency or even Bitcoin. That's why we as investors also have responsibilities that must be fulfilled so that the capital that we will use in the long-term asset we choose to hold here is not wasted.

It is still important that we do our own research on any crypto asset that we see having good potential in the future and that the time we spend waiting for this thing is worth it.
sr. member
Activity: 322
Merit: 306
Forum Only For Fun
September 27, 2023, 01:56:28 AM
#24
The regulatory landscape, market trends, new blockchain initiatives, significant price changes of well-known cryptocurrencies like Bitcoin and Ethereum, as well as adoption by traditional financial institutions or businesses, are some of the common subjects of interest in the cryptocurrency industry.
Also Remember:
When making investing decisions in the unstable cryptocurrency market, keep in mind to check the veracity of your information sources and to proceed with caution.

Bitcoin is safer and no longer requires information to be checked to make a decision.
The interest placed in bitcoin by many parties is because all the concerns are not there with bitcoin, but with other cryptos checking the source of information is still necessary before making a decision or taking action to be more cautious.
I am not an expert on bitcoin and crypto, but I find the truth that bitcoin is an asset that makes people far from disappointing.
sr. member
Activity: 1624
Merit: 261
Vave.com - Crypto Casino
September 27, 2023, 12:55:01 AM
#23
When making investing decisions in the unstable cryptocurrency market, keep in mind to check the veracity of your information sources and to proceed with caution.

I know that, all decisions regarding investment, whatever the form, all come back to each of us, because what we take with our decisions is all a risk that we have taken to invest, regarding losses, at least it is already a risk and vice versa. if it is profitable it is our luck in choosing or seeing something valuable for our investment in the future.
legendary
Activity: 2772
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
September 26, 2023, 11:50:06 PM
#22
When making investing decisions in the unstable cryptocurrency market, keep in mind to check the veracity of your information sources and to proceed with caution.
This is quite confusing because you are investing in the coin, not the market. If what you mean is price instability in the market, then all cryptos including Bitcoin are like that, and the unstable price movements you mentioned are actually a way for traders to make a profit. What you have to be careful of is coins with small capitalization because coins like this are often chosen by speculators for dump and pump, and we could very well get stuck.
If you invest in Bitcoin then everything will still look safe compared to crypto, so far it has never disappointed its holders.
sr. member
Activity: 434
Merit: 319
Rollbit.com
September 26, 2023, 11:40:28 PM
#21
Know the risks and see the big opportunities. Prepare yourself, and if you are really ready then take the risk by investing in it. To be honest, I personally don't always have important information regarding bitcoin. It's just that I see some of the world's financial rulers as if they are afraid of Bitcoin. As if Bitcoin was something that could compete with them. So, from simple things like that, I can see what big things are in Bitcoin. And that was enough for me to convince myself to invest in it.

And currently Bitcoin seems to be indirectly accepted everywhere, either as commodities or as securities. Look at the SEC. They only have problems with some altcoins and crypto exchanges. But regarding Bitcoin I haven't heard much about what they are demanding. This is why I am starting to understand why only Bitcoin is truly decentralized and difficult to touch even by governments who want to make strict regulations.

But one thing I must always remember is that this is high risk. So I don't have to risk everything. I just need to participate in an amount that will not burden my mind. Because we know that prices can continue to fall down or they can continue to rise up.
sr. member
Activity: 1610
Merit: 301
*STOP NOWHERE*
September 26, 2023, 11:02:04 PM
#20
The regulatory landscape, market trends, new blockchain initiatives, significant price changes of well-known cryptocurrencies like Bitcoin and Ethereum, as well as adoption by traditional financial institutions or businesses, are some of the common subjects of interest in the cryptocurrency industry.
Also Remember:
When making investing decisions in the unstable cryptocurrency market, keep in mind to check the veracity of your information sources and to proceed with caution.

Since the halving indicates a halving in 2024 and the current price of Bitcoin is much lower. So if you want to prepare to invest in Bitcoin then definitely invest a small portion of your portfolio for long term like 2024 and 2025. I see the Bitcoin price hitting highs the year after the halving, since the halving block is coming down this year, the Bitcoin price will hit a high overnight. So for you to be an investor you must invest for a long period of time it will surely make your portfolio bigger and you can console yourself to carve out some portion of your funds.


Don't give advice to a newbie like this, what guarantee do you have that bitcoin will definitely reach its highest price next year when the halving takes place? It is true that it has happened in history but there is no guarantee that history will repeat everything exactly.

I'm not saying bitcoin won't increase in price, but we should have a long-term vision, not be too focused and put all our faith in the halving. Bitcoin will and will only bring profit when we invest long-term, so hold it until it is profitable, don't be too subjective when relying on history. History does not represent or guarantee anything for the future.
sr. member
Activity: 560
Merit: 286
September 26, 2023, 09:55:54 PM
#19
The regulatory landscape, market trends, new blockchain initiatives, significant price changes of well-known cryptocurrencies like Bitcoin and Ethereum, as well as adoption by traditional financial institutions or businesses, are some of the common subjects of interest in the cryptocurrency industry.
Also Remember:
When making investing decisions in the unstable cryptocurrency market, keep in mind to check the veracity of your information sources and to proceed with caution.

Since the halving indicates a halving in 2024 and the current price of Bitcoin is much lower. So if you want to prepare to invest in Bitcoin then definitely invest a small portion of your portfolio for long term like 2024 and 2025. I see the Bitcoin price hitting highs the year after the halving, since the halving block is coming down this year, the Bitcoin price will hit a high overnight. So for you to be an investor you must invest for a long period of time it will surely make your portfolio bigger and you can console yourself to carve out some portion of your funds.
hero member
Activity: 2254
Merit: 831
September 26, 2023, 07:31:33 PM
#18
In other words, don’t believe lies about an investment before making it? I think Bitcoin is fairly well know at this point and while most of its investors probably have very little understanding how it works, I think there is plenty of trusted sources for information. Some sites like this even used to let you speak directly with important individuals (before weak leadership chased them all away).
Trusting Bitcoin is easier than trusting altcoins because Bitcoin has been here since 2009 and has never stopped continued its growth with time.

Altcoins are more risky, harder to trust because most of them can die after two years or a little longer years. Unfortunately, people only spend their money to buy altcoins, not because they trust altcoins but actually because they are too greedy and want to gamble. By gambling, they see more chances to multiply their capital with altcoins than with Bitcoin. Because with Bitcoin, now it is an investment, no longer a gambling like years ago.

High risk, high return when succeed but big loss when fail.
sr. member
Activity: 546
Merit: 342
September 26, 2023, 07:10:09 PM
#17
you have got a good list of info to take note but i think this is too much especially for a new person. you dont even have to know all this to make money. just be aware of the risks involved and then try to find what will work for you and make a strategy out of it. study the charts it helps alot. so far so good bitcoin and ethereum has been performing well especially after every dip.
I think Bitcoin speak for it self as it always the boss at the top and that's why some other coins are also affected by it's actually bull movement of Bitcoin. Sometimes I just start to wonder the knowledge and brilliance that covers the discovery of this crypto and what's makes it different from every other coins. Satoshi nakamoto really out did the system with the thought of inventing such wonderful technology that's beneficial to every common man.
legendary
Activity: 2352
Merit: 1085
September 26, 2023, 07:09:37 PM
#16
Also Remember:
When making investing decisions in the unstable cryptocurrency market, keep in mind to check the veracity of your information sources and to proceed with caution.
I completely agree with this, investors should always keep this in mind, especially new investors who do not have a lot of experience in the field. I also want to add that only invest what you can afford to lose, even if all the information you have checked out or even if you are an experienced investor investing with money you can't afford to lose can leave you in a lot of trouble, a lot of people/investors seem to forget that part.
hero member
Activity: 2842
Merit: 625
September 26, 2023, 06:41:03 PM
#15
Also Remember:
When making investing decisions in the unstable cryptocurrency market, keep in mind to check the veracity of your information sources and to proceed with caution.
In every investment that we do, we need to be vigilant because the money that we're investing on it came from hard work. But it is a natural thing to come out with some losses and from those mistakes, you'll have to learn.

This topic shouldn't be in the Bitcoin discussion. Since it discusses the entire crypto market and has mentioned Ethereum which is an altcoin.

So this means that this must be placed on the Altcoin Discussion.
legendary
Activity: 2898
Merit: 1152
September 26, 2023, 06:40:22 PM
#14
This is why most crypto enthusiasts suggest Bitcoin for investment.  Since Bitcoin is highly liquid, has the capability to recover, have a cyclical pattern and is still in adoption, the risk on losing in this cryptocurrency is minimal than other cryptocurrency.  Those who lost in the Bitcoin investment failed to cater information and probably lacked knowledge about its market movement.  As a matter of fact, Bitcoin investment only requires one attitude and that is patience.  If most of investors have patience, the could have not sold their Bitcoin when the price dips and could have waited for the Bull run in order to sell their stash at a profit.
legendary
Activity: 1680
Merit: 1343
September 26, 2023, 05:56:32 PM
#13
The regulatory landscape, market trends, new blockchain initiatives, significant price changes of well-known cryptocurrencies like Bitcoin and Ethereum, as well as adoption by traditional financial institutions or businesses, are some of the common subjects of interest in the cryptocurrency industry.
Also Remember:
When making investing decisions in the unstable cryptocurrency market, keep in mind to check the veracity of your information sources and to proceed with caution.
This advice should be kept in the mind of every Bitcoin investor or trader because false information from unreliable sources is promoted for the purpose of profiting from visitors’ AdSense ad views, whether it is a blog, website, or through social media, to gain popularity, followers, and subscribers, which causes investor panic and the spread of FUD, which will negatively affect their decisions.

In the crypto industry, in order to preserve capital, one must rely on reliable sources and then carry out adequate research. Many have fallen victim to fraudulent scams promoted by famous channels on YouTube and Twitter, and some have received false news and information and lost their seats and investments within the market.

For me, one of my great sources for years is Bitcointalk. This is the Bitcoin & crypto portal, and expert members discuss any information here, so this source always reassures me.
hero member
Activity: 686
Merit: 987
Give all before death
September 26, 2023, 04:21:53 PM
#12
The regulatory landscape, market trends, new blockchain initiatives, significant price changes of well-known cryptocurrencies like Bitcoin and Ethereum, as well as adoption by traditional financial institutions or businesses, are some of the common subjects of interest in the cryptocurrency industry.
Also Remember:
When making investing decisions in the unstable cryptocurrency market, keep in mind to check the veracity of your information sources and to proceed with caution.
I don't know about anyone else but my major source of information is bitcointalk. This forum has experienced members in almost all sections of the Bitcoin space. From my little experience, there have been questions that have not received some helpful answers. The worst thing you will do is to get information from social media. These platforms can come up with different false information that will only lead to FUD.

You have to also be careful of the so-called crypto experts. Many of them know little or nothing about bitcoin but their intention is to promote Bitcoins that will end up becoming worthless. Don't also follow the predictions or hypes of some celebrities because they were paid to promote these projects and cannot guarantee their credibility. If you think that you have to be cautious when investing in bitcoin then you should be extra cautious when dealing with altcoins.
hero member
Activity: 812
Merit: 725
September 26, 2023, 03:36:54 PM
#11
The regulatory landscape, market trends, new blockchain initiatives, significant price changes of well-known cryptocurrencies like Bitcoin and Ethereum, as well as adoption by traditional financial institutions or businesses, are some of the common subjects of interest in the cryptocurrency industry.
Also Remember:
When making investing decisions in the unstable cryptocurrency market, keep in mind to check the veracity of your information sources and to proceed with caution.

If you're an interested investor of cryptocurrency, you don't really have to go through all this things mentioned.
What you need to do is to study about the crypto market, educate yourself on things you don't know about crypto before now, because if you say you want to make decisions when the market is stable, you may likely wait till eternity, because the market forces are always not static.
So do some education on your self and take the bold step of investing in cryptocurrency.
It might be connected to the challenge of controlling the risks?
brought on by audacious or aggressive methods. When pursuing such tactics, organisations must carefully examine and minimise potential risks because bold measures can result in either significant success or major failure.?
To summarize this long story, simply invest in Bitcoin to reduce your chance of losing money due to the volatility of the Bitcoin market.

When you plan to start Bitcoin or crypto trading, high-risk concerns will be taken into account, but if you want to invest in Bitcoin, I don't think the risk is too immense. All you have to do is educate yourself on Bitcoin trading, research the Bitcoin and cryptocurrency markets, and avoid getting greedy.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
September 26, 2023, 03:11:55 PM
#10
In other words, don’t believe lies about an investment before making it? I think Bitcoin is fairly well know at this point and while most of its investors probably have very little understanding how it works, I think there is plenty of trusted sources for information. Some sites like this even used to let you speak directly with important individuals (before weak leadership chased them all away).
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