Topic: Is Cryptocurrency a Good Investment? (Read 980 times)
Cryptocurrency can always be a good investment but you have to keep in mind how much profit the investment you make actually pays you, If you can do market trends and market analysis properly then you can make a profit forever but market analysis and trend is important to remember that you may face losses for some time but you may have to wait a long time to recover them.
May be or maybe not ...when You invest good successful project which a good investment for you but when you invest a fake or shit projects then it consider a bad investment. It should always risky for investment in shit projects.
And it is your duty and responsibility to choose only those good projects or cryptocurrencies that you have to invest. It's better to invest with knowledge to what you're investing in.Rather than to randomly guess and invest with those projects that you're just seeing on the trackers. You don't invest with bad projects and if you do, you didn't do research.
May be or maybe not ...when You invest good successful project which a good investment for you but when you invest a fake or shit projects then it consider a bad investment. It should always risky for investment in shit projects.
And it is your duty and responsibility to choose only those good projects or cryptocurrencies that you have to invest. It's better to invest with knowledge to what you're investing in.Rather than to randomly guess and invest with those projects that you're just seeing on the trackers. You don't invest with bad projects and if you do, you didn't do research.
In a sense you can say that cryptocurrency is a good investment, but after investing in cryptocurrency you need to know about it, how it will give you profit and what kind of circumstances it needs? After knowing nothing about it and investing in it, you will absolutely get loss. So try to know as much as you can about cryptocurrency, that will be beneficial.
Cryptocurrency is the best investment opportunity，it promotes the development of the blockchain digital field. We can see that many investors make profits by investing in cryptocurrencies, and it is indeed profitable. More and more investors can prove that cryptocurrency is a good investment. However, investing in cryptocurrency also has certain risks, so you must understand and analyze relevant information before deciding whether to invest.
Investing in cryptocurrency is profitable and a good investment, investors can make profits by investing in cryptocurrency. But the price of cryptocurrency fluctuates greatly, and there are certain risks. Therefore, study and research before investing to reduce risk and loss.
Of course, we can't eliminate the risk here but as a trader/investor we have to find a way and that by choosing a good and promising project. I can say that crypto investment is a good investment as well but if we are careless with our actions and decisions, it gonna be our nightmare.
So before we have a plan to invest in crypto, better to know more about this and don't push ourselves if we are not yet prepared.
Investing in cryptocurrency is profitable and a good investment, investors can make profits by investing in cryptocurrency. But the price of cryptocurrency fluctuates greatly, and there are certain risks. Therefore, study and research before investing to reduce risk and loss.
May be or maybe not ...when You invest good successful project which a good investment for you but when you invest a fake or shit projects then it consider a bad investment. It should always risky for investment in shit projects.
Agree on this because everything will really be depending on what you do choose.Investment turns out to be profitable if you have chosen the right one but if not then expect the opposite outcome.Its just a matter of risk taking because not all would really be having that kind of risk taking factor and still have hindrance or doubts when investing on crypto and some do make out investment
without even thinking on whats the risk behind which do results into frustration and regrets.
May be or maybe not ...when You invest good successful project which a good investment for you but when you invest a fake or shit projects then it consider a bad investment. It should always risky for investment in shit projects.
It is such a shame that this has happened because not only they invested in a coin that is not the worst that we have here in the market but it is really far away from being the best
-snip-
That's just the problem in a (currently) unregulated market like cryptos ... Everybody can advertise for anything and doesn't have to fear any consequences. This would not be possible in the stock market, for example, or would result in severe penalties if advertising was done and the price then plummeted massively - as is the case with Doge. -snip-
I'm not even accusing Elon of malice, I just think he likes the fact that he can manipulate the market like this and does it primarily for fun.
I think everyone on this forum will agree that cryptocurrency is a wonderful investment, however, everything will depend on the time when it is made.
Everyone should have a cryptocurrency in their portfolios, because this is the money that has a certain independence from classical financial systems. And who knows how far all this can go, the possibilities are endless.
Everyone should have a cryptocurrency in their portfolios, because this is the money that has a certain independence from classical financial systems. And who knows how far all this can go, the possibilities are endless.
Cryptocurrency is a good investment if you do think it really is. It is a good investment due to its volatility feature that enables it to go up and down making different opportunities for both the investors and holders. But being a good investment do also have pros and cons since in any investment, there is no such stability that you are always earning profit as you think it was supposed to be. Putting investment into crypto is worthy if you will know the best cryptocurrencies to invest with and you manage your funds on diversifying it into those worthy crypto even many people are saying Bitcoin is already enough to stand with. There are lots of opportunities scattered in this vast market so we must not just lock up ourselves into Bitcoin alone. You can primarily put the biggest part of your investment into Bitcoin then diversify the remaining part into other crypto you find worthy.
Cryptocurrency is a good investment. However, there are many projects in the currency circle, and not all of them are worth investing. It is best to choose mainstream coins such as Bitcoin when investing. Such coin risks are low and can ensure the security of investment. With the continuous growth of the crypto market, investing in currency and holding it for a long time, and having the ability to analyze and identify the blockchain market, will get more profits from it.
cryptocurrency was good for long term investment. it have high risk but if we could manage it well , multiple return we will got from crypto. there are alot successfull investor which is have gain more than 10x from initial value. If compare with another investment portfolio which have same risk , crypto currency still be best asset.
Cryptocurrency is a good but volatile investment. As we saw over this past 6 months bitcoin (as an example was as high as $63,000, then it dropped to about $29,000.) When professional traders, like those who trade commodities are looking for opportunities in volatile markets they will use a hedging strategy to manage drawdowns but still profit from the expected positive trend.
It's not sexy, but it works.
There are bitcoin options and starting to be some in ETH as well but still quite expensive. And you have to understand options to put together a sensible strategy.
This service is a AI based risk management tool that I use. They have models that work on about 30 markets including BTC, ETH, ADA, UNI, DOT, XRP etc. I use it on my holdings which are primarily in BTC and ADA.
Those models started hedging my position on May 11 and by May 12 it had put my position into USD. I look at what they are doing ever so often but what I can say is that when the market starts trending again and the models remove the hedge, I will get in at a lower price.
More BTC and ADA in my account.
It's not perfect. During a trending market you make less but my PnL is much more stable with a Sharpe Ratio of over double that of bitcoin.
https://panxora.io/panxora-labs/treasury-management-service/
It's not sexy, but it works.
There are bitcoin options and starting to be some in ETH as well but still quite expensive. And you have to understand options to put together a sensible strategy.
This service is a AI based risk management tool that I use. They have models that work on about 30 markets including BTC, ETH, ADA, UNI, DOT, XRP etc. I use it on my holdings which are primarily in BTC and ADA.
Those models started hedging my position on May 11 and by May 12 it had put my position into USD. I look at what they are doing ever so often but what I can say is that when the market starts trending again and the models remove the hedge, I will get in at a lower price.
More BTC and ADA in my account.
It's not perfect. During a trending market you make less but my PnL is much more stable with a Sharpe Ratio of over double that of bitcoin.
https://panxora.io/panxora-labs/treasury-management-service/
Cryptocurrency is a good investment if you invest it right! It's really not as easy as you and many people think. The cryptocurrency market is flooded with low-quality,scam projects; and investors' job is to find information, then select reliable, high-quality projects! Besides, I don't think investing when the market is Fomo, waiting for opportunities when the market corrects.
P/s: It seems that your suggestions are all Top coin. It is suitable for those who want to invest for the long term, Doge seems quite risky
Exactly and for some reason, new traders feel like every coin is worth investing until they face the raucous reality. It's true that crypto investments are much more worth than non-crypto investments because the market is still expanding but that doesn't mean all the projects are legit and all the promises are true.P/s: It seems that your suggestions are all Top coin. It is suitable for those who want to invest for the long term, Doge seems quite risky
If you invest in a serious and legit coin then even 100x is possible but if you made a mistake and invested in either a not-so-serious project or a meme coin, then only
Crypto investment is profitable but the precautionary measures you need to take are more than you take in the stable stocks market.
So what we should teach people is that bitcoin and crypto in general is not a place to get rich right away, nothing in the world is, maybe one in a million chance some people can get lucky but that is highly unlikely not going to be you. That is why people should stick with crypto that is valuable and invest into those coins to make a good return.
I think in year 2021, no need to say that crypto investment is one of the best investment where huge investment came from year 2020 and market also are in good position.
Just so you know, we're already in 2021 and less half of the year until this year ends.Yes this market is too much fluctuated and more dangerous also but where there is risky, there is more possibility also. So be positive here.
You're saying that there's a balance on the market and that is true. But if you don't think that there's no need to say that crypto is the best investment. It's your choice not to say it if someone asks you. I think in year 2021, no need to say that crypto investment is one of the best investment where huge investment came from year 2020 and market also are in good position. Yes this market is too much fluctuated and more dangerous also but where there is risky, there is more possibility also. So be positive here.
There's no need to talk because the success of the crypto early adopters are the main voice to tell that it is really good to invest in cryptocurrency. Yes, it is risky but if you would choose to play safe and not going to try to take the risk you will going to miss the chance to ride on a rocket. I'm a newbie crypto investor today and one thing i could only say is that i missed many chances to get started earning a knowledge which I bet i took advantage first thing first when I heard about crypto, especially bitcoin.
It is a good investment as long as it is not a shitcoin or memecoin. If that particular crypto has a real project then there is nothing wrong investing to those coins. A crypto can soar more than 500% of its price after some years as long as its development is continuous. If we invested to those coins in their early stage, it could bring us a huge amount of money that could be enough to use in our retirement. Been into crypto since 2016, price is really volatile but investing to it for long term is really a good choice for me.
Yes, I agree that cryptocurrency is a good investment but have a high risk also, you maybe win big and lose big. But still it is a great investment if you know how to run this and what is the process to gain a high profit. But, just like how other people define cryptocurrency as investment, some of them says it was good and the best place for investment but some of them says its not because there is a possibility that you might lose such a big amount of money in this. Investing in cryptocurrency might be hard since you need to research a good coins where you can earn a high profit but you should be aware with the risk. Don't invest something if you don't really know what to do.
I think in year 2021, no need to say that crypto investment is one of the best investment where huge investment came from year 2020 and market also are in good position. Yes this market is too much fluctuated and more dangerous also but where there is risky, there is more possibility also. So be positive here.
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