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Topic: Is investing in crypto a good idea? - page 20. (Read 10633 times)

jr. member
Activity: 349
Merit: 2
August 19, 2019, 10:24:11 AM
#55
This is the right time to buy crypto if really you want to trade or invest in a place to earn a good return. This is because the price of coins are very low especially Bitcoin and ethereum that are the most popular coins in crypto. Many expart are showing us sign that before the year runs out, price of Bitcoin will go above 20,000 dollars and ethereum to will go above 3000 dollars. So it is rime to buy.
full member
Activity: 327
Merit: 100
August 19, 2019, 10:05:39 AM
#54
investing on crypto can be a good idea but can be a bad idea too
if you invest in crypto without enough knowledge, i think this kind of investments will be a bad idea for you
so, learn about crypto first before investing  Wink
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
August 19, 2019, 09:52:15 AM
#53
I would not say good idea but also cannot be called as bad idea invest for crypto but learn the risk before you doing something important and for some of people investing at cypto aren't suitable for them because they cannot accept lost from volatility of crypto and indeed buying crypto much easier currently because as you can says you can buy it with your credit card but the most important is what is your real purpose when decide to buy crypto whether it's for investment tool or you have another purpose to do so
full member
Activity: 562
Merit: 101
August 19, 2019, 07:00:19 AM
#52
I think Yes,because it can bring very good profits in the future,and the process is very interesting

yes, if you invest in a solid and reliable cryptocurrency
such as bitcoin, ethereum and bnb
but, if you invest in wrong coins, you will lose your money
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
August 19, 2019, 03:55:36 AM
#51
my conclusion cryptocurrency is not a place for investment because in the world of cryptocurrency has a very high risk, cryptocurrency is more suitable for transactions or for payments, if you want to invest then you better investment property, such as land investment or others that have physical form and have less risk than cryptocurrency.
hero member
Activity: 2688
Merit: 588
August 19, 2019, 03:42:15 AM
#50
Only invest what you can afford, as for me, I'm considering the money that I put in crypto as already something that's gone. If you don't want to go YOLO, go with the top coins such as BTC, ETH. You may also want to check out top exchanges such as Binance as they're also listing quality coins that already have an actual product, not just an MVP, etc. It's never too late to invest in crypto, as a matter of fact, we're only just starting.
In my routine crypto activities, I don’t consider any money that I put in cryptocurrency as being gone because I worked for it and it is my sweat so I deserve to get it back and also have some increase on it, and because I recognize my money as what I work for, that is what usually motivate me never to allow myself get into the hands of scammer that will swindle me of it or invest in a bad project that will fail and make me loose.

Although we have different approach and different believe but I see that we both have the same strategy, I mean strategy of just investing in top reliable coins like the ones you mentioned, and that is the best way that one can still protect ones capital, we invest strictly in project that is of high quality so that we can have something to hold on to as profitable investment in future.
full member
Activity: 770
Merit: 126
August 18, 2019, 10:51:06 AM
#49
All depends on the crypto currency that you want to buy for an investment purpose and the level of your capital is also another factor that need to be put into consideration. You just have to do your research well and invest wisely for I don't think it is too late for one to invest in crypto currency as there are so opportunity in the crypto space.
legendary
Activity: 2576
Merit: 1043
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August 18, 2019, 09:55:31 AM
#48
It depends.

Are you investing in crypto for the long term?? If yes then I think it is a good idea as long as you will invest on top coins like Bitcoin, Ethereum, Ripple etc. but before investing you should learn how crypto's price is moving and also the basics of cryptocurrency.
full member
Activity: 882
Merit: 102
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August 18, 2019, 09:15:59 AM
#47
Before you invest, you should learn something about the asset what are you going to invest. And when you know something about cryptocurrencies, then you will know what is the best place for your money.  Wink
member
Activity: 556
Merit: 10
August 18, 2019, 08:54:56 AM
#46
investing in crypto must have a very precise analysis so that you avoid large losses but you must buy very reliable coins such as bitcoin or altcoin that have and a large volume, prices in crypto are very fluctuating at all so you have to be careful
sr. member
Activity: 1078
Merit: 354
August 18, 2019, 04:00:55 AM
#45
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?

It's not all the same. There are good coins and bad coins, so there is no answer to the question of whether investing in crypto is good - unless the coin is specified.
Bitcoin and some of the other high cap coins, yes, definitely a good idea to invest. But as you drop down to lower cap coins, the risk increases. There are some projects that will be a huge success, but there are many that will just fail and leave you at a loss. So it is crucial to decide which coins you're interested in.
sr. member
Activity: 2828
Merit: 344
win lambo...
August 18, 2019, 02:00:25 AM
#44
I think Yes,because it can bring very good profits in the future,and the process is very interesting
Has it looks interesting for you? Then you'll need not to give some doubts in crypto but rather to be positive and having this one as a good source of income. Lately, crypto investors suffer hugely loses as prices hit in the ground once more but they'll never give cause they believe it so and have that patience. We can make this as a mirror.
full member
Activity: 1750
Merit: 118
August 17, 2019, 09:44:07 PM
#43
I think Yes,because it can bring very good profits in the future,and the process is very interesting

You dont need to think because the answer is obviously yes  . not just in the future but cryptos can provide profits instantly if ever you got lucky that the coins that you bought have gotten pump imediately  . 

the process is interesting because you can learn different stuffs . ex. When you hodl you will learn to have a patience and during the time you hodl you are lurking on the forum to look for more advice or tips/tricks etc about your investment and on other stuff related to cryptos
jr. member
Activity: 1092
Merit: 1
August 17, 2019, 09:37:15 PM
#42
I think Yes,because it can bring very good profits in the future,and the process is very interesting
jr. member
Activity: 191
Merit: 1
August 17, 2019, 08:49:40 PM
#41
Only invest what you can afford, as for me, I'm considering the money that I put in crypto as already something that's gone. If you don't want to go YOLO, go with the top coins such as BTC, ETH. You may also want to check out top exchanges such as Binance as they're also listing quality coins that already have an actual product, not just an MVP, etc. It's never too late to invest in crypto, as a matter of fact, we're only just starting.
full member
Activity: 784
Merit: 123
August 17, 2019, 05:14:39 PM
#40
It goona be a good and profitable investment if you are willing to take the risk and find comfort within. Cause if not, you'll just throwing your money away.
Investment is a big challenge and what we must have to do is to prepared for any possible things to happen and find each solution.
sr. member
Activity: 1680
Merit: 278
August 17, 2019, 04:28:28 PM
#39
Not doing so would be a huge mistake, mostly forgetting good altcoins that lost more than a 95% of ICO price despite still having a team working hard, and delivering.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
August 17, 2019, 04:20:01 PM
#38
It's never been too late to everyone if they really want to invest in bitcoin in the first place. The price may fluctuate but you will have the chance to make more profit if you know how to deal with the fluctuation in the market. Invest now and hodl until you are satisfied with the price to sell.
member
Activity: 854
Merit: 10
August 17, 2019, 02:18:40 PM
#37
Crypto purchase via credit card is indeed an easy way, I quess. because buying of crypto is now more sophisticated and can be very easily obtained. regarding whether or not crypto depends on what product you are buying. if the product is certainly this will produce something profitable and vice versa.
sr. member
Activity: 882
Merit: 269
August 17, 2019, 02:03:36 PM
#36
The reason why we should invest in bitcoin now is because of the performance we have seen in the past. Just imagine buying bitcoin in January this year at $3150 and sell at the current price of over$10,000! I think it is the best thing that could have happened to any investor this year. Therefore I will advise you to buy now that you can still get it cheap.
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