Is investing in crypto a good idea? - page 12.

tabas

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Quote from: artemis24 on October 15, 2019, 03:07:40 AM

Same question asking here. Is it possible to convert crypto to fiat? Thank you!

Yes, but you should tell on what country you are living in. Because there could be some local services or exchanges that can make it easier for you to convert crypto to fiat and vice versa. But if not, what do you prefer? selling crypto or bitcoin through bank deposit or selling it to an individual.
There's localbitcoins where you can sell and buy bitcoins to other people.

ongkok87

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Quote from: DegenData on October 14, 2019, 12:44:37 PM

Not too late yet, but in a couple of years it might be too late. The next 2 years could be very profitable if you're positioned right. Bitcoin has the halving event in May of 2020, and ETH is likely to do much better than BTC. ETH 2.0 is happening soon and many projects are using ETH instead of creating their own chains, some alts could rocket up with it. It's looking like the time to get in is now or never.

Indeed there is no delay if we really want to start investing in the cryptocurrency market. but to do the analysis indeed we must be more observant to be able to take the right moment to be able to get a good price in order to maximize the benefits we get later

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Quote from: bittamak on October 15, 2019, 10:31:32 AM

Quote from: artemis24 on October 15, 2019, 03:07:40 AM

Is it possible to convert crypto to fiat?

Converting crypto to fiat is allowed only in certain countries. Sites like coinbase,kraken, bitstamp, cex etc allows crypto fiat conversions. You may use localbitcoins too...

yes, converting fiat to crypto or vice versa can be done. some countries that support the development and use of crypto will be very easy in crypto transactions that are used for investment. many people consider crypto in some types of coins even better than investing in gold.

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Quote from: artemis24 on October 15, 2019, 03:07:40 AM

Is it possible to convert crypto to fiat?

Converting crypto to fiat is allowed only in certain countries. Sites like coinbase,kraken, bitstamp, cex etc allows crypto fiat conversions. You may use localbitcoins too...

artemis24

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Same question asking here. Is it possible to convert crypto to fiat? Thank you!

wheelz1200

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Quote from: DegenData on October 14, 2019, 03:30:58 PM

Quote from: wheelz1200 on October 14, 2019, 01:57:07 PM

Quote from: DegenData on October 14, 2019, 12:44:37 PM

Not too late yet, but in a couple of years it might be too late. The next 2 years could be very profitable if you're positioned right. Bitcoin has the halving event in May of 2020, and ETH is likely to do much better than BTC. ETH 2.0 is happening soon and many projects are using ETH instead of creating their own chains, some alts could rocket up with it. It's looking like the time to get in is now or never.

Its irresponsible to make a statement like that. Why is eth more likely to do well in the market vs. Bitcoin, because of a change to 2.0? That's grasping at straws there. OP stick with bitcoin and you should be fine. You will have people shill you coins they own but not for the right reasons.

Not just because of 2.0, there's a lot of DeFi and dApps potential.

I guess but I always caution against anyone thinking that any of their alts will outperform the honey badger. In short term yeah huge spikes have come for some alts, but when It bottoms out which it usually always does that bottom is harsh. For someone just starting in crypto I would say to ALWAYS start with bitcoin and then take some portion of money and play with some alts.

DegenData

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Quote from: wheelz1200 on October 14, 2019, 01:57:07 PM

Quote from: DegenData on October 14, 2019, 12:44:37 PM

Not too late yet, but in a couple of years it might be too late. The next 2 years could be very profitable if you're positioned right. Bitcoin has the halving event in May of 2020, and ETH is likely to do much better than BTC. ETH 2.0 is happening soon and many projects are using ETH instead of creating their own chains, some alts could rocket up with it. It's looking like the time to get in is now or never.

Its irresponsible to make a statement like that. Why is eth more likely to do well in the market vs. Bitcoin, because of a change to 2.0? That's grasping at straws there. OP stick with bitcoin and you should be fine. You will have people shill you coins they own but not for the right reasons.

Not just because of 2.0, there's a lot of DeFi and dApps potential.

arifteguhr

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Investing in Cryptocurrency In my opinion is a pretty good idea to do. but indeed in the selection as an investor yourself you should be able to find which altcoin is potentially good enough. not only choose altcoin which provides a large enough profit, but we must understand the investment, because some people don't understand the investment but dare to try it

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Quote from: DegenData on October 14, 2019, 12:44:37 PM

Not too late yet, but in a couple of years it might be too late. The next 2 years could be very profitable if you're positioned right. Bitcoin has the halving event in May of 2020, and ETH is likely to do much better than BTC. ETH 2.0 is happening soon and many projects are using ETH instead of creating their own chains, some alts could rocket up with it. It's looking like the time to get in is now or never.

Its irresponsible to make a statement like that. Why is eth more likely to do well in the market vs. Bitcoin, because of a change to 2.0? That's grasping at straws there. OP stick with bitcoin and you should be fine. You will have people shill you coins they own but not for the right reasons.

DegenData

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Not too late yet, but in a couple of years it might be too late. The next 2 years could be very profitable if you're positioned right. Bitcoin has the halving event in May of 2020, and ETH is likely to do much better than BTC. ETH 2.0 is happening soon and many projects are using ETH instead of creating their own chains, some alts could rocket up with it. It's looking like the time to get in is now or never.

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Quote from: btc_love on August 13, 2019, 09:55:15 AM

Hello! I'm a newbie trader, and I want to know if investing in crypto is a good idea. Now it became very easy, for example, you can buy crypto with a bot or your credit card using such services as changelly or shapeshift. However, does easy means good? Should I buy crypto now or it's too late?

Is it too late, no. I think it is a good idea to diversify your investment asset classes, so while you invest in traditional avenues (stocks, bonds, real estate, etc) it's also smart to put some money into crypto. Start with bitcoin and dont vere too far away from that and you should be fine. Just dont get stuck putting your money into these fly by night coins.

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Quote from: Silberman on October 13, 2019, 12:20:48 PM

Quote from: ?? on ??

Although scam projects are rampant everywhere, investor interest in continuing to invest in Crypto project still exists, although not like in 2017. Investing in Crypto It is full of risks but you can also get multiple benefits if you are able to find a good Crypto project.

If you are worried about the scams then this is a very easy problem to solve, do not invest in icos or ieos, I know this will limit your profits and if you are an enthusiast of this market you will also want to support projects that are worth it but at this time it is better not to, invest only in coins that have been around in the market for a long time and have a good reputation, but even then you should still watch your investments closely since even good projects crash from time to time.

Agree, if people afraid to get scammed in bad ICO, actually be serious in trading activity is good to do. We can learn by doing and maybe make analysis with what already come in market. Because have something to analyze at least we already have data to help us make decision.

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Quote from: ?? on ??

Although scam projects are rampant everywhere, investor interest in continuing to invest in Crypto project still exists, although not like in 2017. Investing in Crypto It is full of risks but you can also get multiple benefits if you are able to find a good Crypto project.

If you are worried about the scams then this is a very easy problem to solve, do not invest in icos or ieos, I know this will limit your profits and if you are an enthusiast of this market you will also want to support projects that are worth it but at this time it is better not to, invest only in coins that have been around in the market for a long time and have a good reputation, but even then you should still watch your investments closely since even good projects crash from time to time.

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Quote from: pakdemaco11 on October 13, 2019, 12:07:33 PM

investing in crypto is a good idea, it's just that you need to choose crypto that is really used by many people like ETH, Bitcoin, XRP. I think if now buying it will make a profit of up to 10-500 x

It`s a great idea. Some have potential to rise a lot, entire crypto-market is growing, most of them will rise, some significantly, others just
a little. We can`t say which coins will rise a lot in next few years, it`s why I`m trying to have some from all good ones, the ones that
people talk about a lot in crypto-community.
Bitcoin and Ethereum are the top, we must have them. But as well we need to have some other`s too.

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investing in crypto is a good idea, it's just that you need to choose crypto that is really used by many people like ETH, Bitcoin, XRP. I think if now buying it will make a profit of up to 10-500 x

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Quote from: btc_love on August 13, 2019, 09:55:15 AM

Hello! I'm a newbie trader, and I want to know if investing in crypto is a good idea. Now it became very easy, for example, you can buy crypto with a bot or your credit card using such services as changelly or shapeshift. However, does easy means good? Should I buy crypto now or it's too late?

There will be no word late, you know the internet? now maybe the internet is old,
but if you explore the internet it's not too late because technology is always developing during life,
so is the cryptocurrency, bitcoin will continue to grow

huu78

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Investing at Crypto is good for future investment planning. The development of Cryptocurrency is very fast and rapidly from year to year.
A lot of cryptocurrencies are being launched, investing in good coins and some high marketcap, is certainly good for the long-term like Bitcoin.
There is no word late investing in crypto.

febriyana

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That is good idea bro!
Just buy it before late Grin

But before buy you must learn first why you must buy it.
Is it only because you want rich quick? if yes i recommended to not much hope with that, i don't scare you, but i think crypto is other solution for transaction or project beside in real world. In real world there is still have too much rules from government and centralized. In crypto world that is opposite.

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Quote from: gaston castano on October 13, 2019, 04:38:56 AM

it's never too late, as long as bitcoin is still traded and crypto is still there, you can still buy it and get profits, but that may take time, because bitcoin is already expensive now it will be difficult to get big profits in a short amount of time.
if you want to get profit in a short time you can try investing in ALT.

Bitcoin is still very cheap now and if you have a smart investment strategy, you can still make good money from this market. Now altcoins are very risky for you if you invest because according to the latest statistics, only 5% of altcoins can help you make profits and the remaining 95% are all scam projects. I don't care about the value of that coin because if it is profitable then I will consider selling.

This market is not really good this year and 2020 can be worse so be more careful and carefully consider your decisions.

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In fact, no one knows where the cryptocurrency market has the lowest price. Price on the historical chart showed high volatility. Many investors buy cryptocurrencies because of their high volatility, hoping to earn a lot of money in this way. But it is reasonable to buy cryptocurrency in parts and for a long time. So you can average the purchase price if the cryptocurrency will be long in a bearish trend.

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