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Topic: Is Cryptocurrency a Good Investment? - page 7. (Read 1068 times)

hero member
Activity: 2590
Merit: 644
June 23, 2021, 04:37:29 PM
#10
Cryptocurrency in India: Today, some of the most popular cryptocurrencies are Bitcoin, Dogecoin, Ethereum, XRP, Tether, and Cardano.
^ As always, but never include altcoin if you don't have research first on this, you should learn that some of them are under with the community of pump and dump which is the coin will suddenly pump up and later on it will go down the price. Just go for BTC, which is very volatile but at least we can consider it safe because it needs a lot of money to manipulate and for now, it is rarely that has a manipulation in the market. If you have a good amount to start, I can tell BTC is the best for you, and for sure you will never blame me. Nevertheless, don't forget to have your own research first before studying what I gave it to you.
hero member
Activity: 3010
Merit: 794
June 23, 2021, 04:36:25 PM
#9
Cryptocurrency in India: Today, some of the most popular cryptocurrencies are Bitcoin, Dogecoin, Ethereum, XRP, Tether, and Cardano.
When we do tend to look on whats the current trend here on cryptocurrency investment then we could really say that its a considerable investment to be made but doesnt mean that you wont be considering other forms of traditional investment.

The thing that what makes crypto popular is the volatility that it does have which means huge or big swings involved could give out big profits but of course
it would be giving out the same risk.

So always do your own research and dont rush up yourself into investing and dont make out blind actions which might really cause up losing investment.
hero member
Activity: 1764
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20BET - Premium Casino & Sportsbook
June 23, 2021, 04:19:45 PM
#8
Cryptocurrency in India: Today, some of the most popular cryptocurrencies are Bitcoin, Dogecoin, Ethereum, XRP, Tether, and Cardano.


These group of coins mentioned here has the huge potential to soar in different exchanges, and I believed that this is considered to be a good investment. What I am looking after if you already have this on your safe storage, don't just dump it without a specific reasons while you don't see a green days happening yet. Because, it there's another market that's going to bloom again we might miss all the big opportunities to come.
legendary
Activity: 3346
Merit: 3130
June 23, 2021, 03:45:21 PM
#7
Cryptos are a high-risk investment, and that means they can make you win big or lose big. Some people buy bitcoin some years ago at $1000 and now each coin is worth $34k so, for them, it was a good investment. But some people buy at $60k and now they are losing almost half of their money, so, for them, it was a terrible investment.

If it's a good or a bad investment it's about how you ride the wave. Play it smart and you will end with huge profit.
sr. member
Activity: 1414
Merit: 271
bitonator.tangled.com/join
June 23, 2021, 02:42:20 PM
#6
I would say crypto is the perfect speculation tool with an enormous profit that you won't get on any market. As a long-term investment, maybe only 5% of all cryptocoins are suitable.
sr. member
Activity: 1176
Merit: 252
June 23, 2021, 12:33:05 PM
#5
Cryptocurrency in India: Today, some of the most popular cryptocurrencies are Bitcoin, Dogecoin, Ethereum, XRP, Tether, and Cardano.

You need to study certain thing,before investing your money.Because it's money not a paper.So we need to give some respect to that.And if you play a attention and time for it.You will earn more for it.Money is like the girl,if you get attention.They will support us emotionally and soulfully.So you need to give huge time for it.
hero member
Activity: 3066
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20BET - Premium Casino & Sportsbook
June 23, 2021, 11:39:36 AM
#4
Yes.

Cryptocurrency in India: Today, some of the most popular cryptocurrencies are Bitcoin, Dogecoin, Ethereum, XRP, Tether, and Cardano.
AFAIK, after RBI has been positive to crypto. They're made it cleared that everyone is now worry-free because it's been the problem before that made have been thinking of. As an investment, cryptos are very much good investment but it's also volatile. Only those people who understand its volatility can be the ones who can capitalize from it.
mk4
legendary
Activity: 2870
Merit: 3873
📟 t3rminal.xyz
June 23, 2021, 11:20:45 AM
#3
Re: Is Cryptocurrency a Good Investment?

Investing in it's entirety is mostly subjective. I could think $AMZN is a good investment, and you may think it's not; and it's the same for literally any other asset in general. The only way to find out is to do your own research and go decide for yourself.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
June 23, 2021, 11:07:57 AM
#2
It will always be good to spread out and increase your investment diversification with different assets like cryptocurrency, especially if you don't have that yet. It's a great deal to have crypto, but first, you should not expect to profit early and invest a significant amount in crypto if you are not willing to lose it. Many people have been burned towards that, and it's sad to see them hate BTC or crypto in general because they didn't do the right thing to research.

The coins you mentioned are in the top currency in CMC. I think those are great picks as well.
jr. member
Activity: 73
Merit: 1
June 23, 2021, 11:04:10 AM
#1
Cryptocurrency in India: Today, some of the most popular cryptocurrencies are Bitcoin, Dogecoin, Ethereum, XRP, Tether, and Cardano.
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