Is investing in crypto a good idea? - page 9.

Pelunize12

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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.

if you like high volatile market, then it would be the best investment.

Quote

Should I buy crypto now or it's too late?

of course it's not late right now, altseason hasnt happened. even most of coins still in lowest price all the time
so you have opportunity to catch them in good price

cryptothreads

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Quote from: gabbie2010 on October 30, 2019, 11:42:40 AM

Take time and study the price movement of reputable, reliable and trusted cryptos like bitcoin, ethereum, BCH and others just open up a weekly or monthly chart and watch out how the price moves there is a slogan which says 'buy low and sell high' bearing in mind that investing in cryptos is a long term investment recalled the price of bitcoin was around $3300+ in the beginning of this year investors who invested around that time are already in profits now.

I always analyze this market every day and consider investing if that price is exactly like my analysis because the value of all altcoins is currently in a downtrend so it is very suitable for short-term investment. In my opinion, big coins like ETH, LTC, BCH will be an option that should not be ignored because I believe that when Bitcoint increases, these coins will increase as well.

We are in bear market so our predictions are often inaccurate so it is best to only care about the value of Bitcoin because this is the only coin that decides the future of the crypto market.

Fappanu

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Quote from: crossabdd on October 27, 2019, 12:05:25 AM

I don't think that investing in crypto is good, but I also don't say that investing in crypto is bad. that is your own, how to learn crypto. determine the best coins, find a good project for the future. it will make your investment very well, giving you big profits in the future. but if you don't understand crypto, and only buy it, that's a bad idea for investment.

Understanding crypto currency is most needed, We know that not all altcoins are legit and can't keep up with the bitcoin bull run so this should be what we look for. So let's take a look at each crypto currency that has real use and benefits to make the crypto currency more developed. Because this is what will last and for sure we will make a huge profit here.

gabbie2010

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Take time and study the price movement of reputable, reliable and trusted cryptos like bitcoin, ethereum, BCH and others just open up a weekly or monthly chart and watch out how the price moves there is a slogan which says 'buy low and sell high' bearing in mind that investing in cryptos is a long term investment recalled the price of bitcoin was around $3300+ in the beginning of this year investors who invested around that time are already in profits now.

adroitful_one

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Quote from: Silberman on October 30, 2019, 10:30:08 AM

Unfortunately, very few come to this market thinking about the easy long term profits they can get, they want to obtain huge profits in a matter of weeks or months and they think since that is no longer possible if you try to invest in the top coins then they take their chances with icos and ieos, but we know that investing in such projects is very dangerous since you cannot be certain of anything about those projects and as a result of their actions those investors lose their money when they could have earned so much money by just holding bitcoin.

What do you mean that's no longer possible? I can think of a few instances over just the last few months where Bitcoin jumped up 20%+ in less than 24 hours. If you buy in before all of these pumps then sell at the top, you'll have more than doubled your money. I'm not sure what exactly you mean by "huge profits", but that's still a lot better than any other ROI from the standard investments markets.

Silberman

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Quote from: Karto on October 26, 2019, 11:14:33 PM

investing in crypto is the best idea!
it'll never be too late it'll be just more and more difficult to make fast money
but for the long term investment crypto is the best just becasue it has no boundries, can invest anytime, its tax efficient (no management tax like in every traditional investment)..

crypto is just perfect. you need to read few books about investment and history of investment, and you will realize that crypto is the best.

Unfortunately, very few come to this market thinking about the easy long term profits they can get, they want to obtain huge profits in a matter of weeks or months and they think since that is no longer possible if you try to invest in the top coins then they take their chances with icos and ieos, but we know that investing in such projects is very dangerous since you cannot be certain of anything about those projects and as a result of their actions those investors lose their money when they could have earned so much money by just holding bitcoin.

crossabdd

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I don't think that investing in crypto is good, but I also don't say that investing in crypto is bad. that is your own, how to learn crypto. determine the best coins, find a good project for the future. it will make your investment very well, giving you big profits in the future. but if you don't understand crypto, and only buy it, that's a bad idea for investment.

Karto

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investing in crypto is the best idea!
it'll never be too late it'll be just more and more difficult to make fast money
but for the long term investment crypto is the best just becasue it has no boundries, can invest anytime, its tax efficient (no management tax like in every traditional investment)..

crypto is just perfect. you need to read few books about investment and history of investment, and you will realize that crypto is the best.

biddicoin

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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?

learn cryptocurrency first, then you will know and have reason why you must invest in this asset
dont invest in what asset you dont understand or just people opinion
it can mislead you, so, dont lazy to learn my friend Wink

Silberman

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Quote from: Btc_1856 on October 23, 2019, 12:54:49 AM

A lot of people, if want to make investment, actually only know buy and sell is already good. We only need to educate them if it is risky, so they are more aware about it. But it will be different if they want to trading. They must know how to analyze a coin so can be profitable for them.

The art of crypto trading is not only buy low and sell lower.
To become a professional crypto trader we have to maintain our lose and risk management.
It's okay if we lose a trader and do cut loss, it's better than we hold the loss coin for a long time.

The real ability of a trader can be seen not when he wins but when he losses, when you are winning there is nothing to do except deciding when you want to get your profits and that is a very easy decision to take, but when you are losing that is when you are facing a difficult decision, when to cut your losses and when to let the market go against you a little bit more, the ones that know how to deal with those scenarios are the ones that earn money in the long run.

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Quote from: FlamingFingers on October 23, 2019, 02:11:24 AM

Investing in crypto is a good idea because you are planning for the future, because cryptocurrency is gonna be more successful in future, If you believe in the technology of crypto you have to join the revolution, the reason being that in nearest future lots of people will be regretting not investing in cryptocurrency. If you invest now, it's a nice and good idea

True very goor idea bitcoin is the best where you can invest your money now.
So if you have money and they know about bitcoin its better to invest on bitcoin.

StayFly

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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?

It is never too late to buy a cryptocurrency and the best thing about crypto is you can buy anytime. Investing cryptocurrency is a very good idea because cryptocurrency is the most profitable investment for the last 10 years. The people that invested in cryptocurrency 7-8 years ago are now multi-millionaires.

bohr

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Quote from: PLATO on October 21, 2019, 12:31:21 AM

I think that before participating, it is necessary to have a reasonable investment strategy and always ensure the property can make a profit in the long term. During the past time, many investors became rich from this market but there were some investors who lost their entire assets when participating in crypto so not everyone could afford to make a profit. I personally entered this market very early but my chance of making a profit was only 10% because psychology greatly affected my investment.

Most get in this market for the promise of fast profits and it is undeniable those events happen but they are the exception rather than the rule, investing in cryptocurrencies is only a good idea for those that already know how to invest and know what to look for in a project, for the rest of the people it should be a good idea to stay away from it until they learn enough about the markets, but we know they will never listen to such practical advice and will invest anyway and lose their money against smart investors.

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Quote from: FlamingFingers on October 23, 2019, 02:11:24 AM

Investing in crypto is a good idea because you are planning for the future, because cryptocurrency is gonna be more successful in future, If you believe in the technology of crypto you have to join the revolution, the reason being that in nearest future lots of people will be regretting not investing in cryptocurrency. If you invest now, it's a nice and good idea

That's for sure, if you invest in cryptocurrency assets for the future, and not in order to earn money within 1-2 years, then this is a good idea! I am making long-term investments in Bitcoin.

FlamingFingers

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Investing in crypto is a good idea because you are planning for the future, because cryptocurrency is gonna be more successful in future, If you believe in the technology of crypto you have to join the revolution, the reason being that in nearest future lots of people will be regretting not investing in cryptocurrency. If you invest now, it's a nice and good idea

Btc_1856

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Quote from: MI6 on October 22, 2019, 01:35:34 PM

Quote from: MonaLeeTracy on October 22, 2019, 09:50:39 AM

Quote from: shushu9977 on October 22, 2019, 04:47:50 AM

Investing in crypto is a good idea because this is a process of digital payment from anywhere with a few seconds. Yes, you could buy crypto anytime, it depends on you. I am happy to be part of crypto family. I can exchange crypto easily from my mobile or laptop.

If someone who already knows about cryptocurrency will understand that conducting investments in cryptocurrency is an easy thing to do, but for some people who are still in the new category, I think they also don't really understand cryptocurrency.

A lot of people, if want to make investment, actually only know buy and sell is already good. We only need to educate them if it is risky, so they are more aware about it. But it will be different if they want to trading. They must know how to analyze a coin so can be profitable for them.

Without knowledge, it is really a very bad idea to invest most of the traders will not choose for the long term investment because it might more than a year to recover the prices. It is very good to trade on daily which we need to sell after making enough profit, even for trading we need to choose the coins wisely and investment into cryptocurrency is always good if you choose the right coin for the investments.

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Quote from: MI6 on October 22, 2019, 01:35:34 PM

Quote from: MonaLeeTracy on October 22, 2019, 09:50:39 AM

Quote from: shushu9977 on October 22, 2019, 04:47:50 AM

-Snip-

If someone who already knows about cryptocurrency will understand that conducting investments in cryptocurrency is an easy thing to do, but for some people who are still in the new category, I think they also don't really understand cryptocurrency.

A lot of people, if want to make investment, actually only know buy and sell is already good. We only need to educate them if it is risky, so they are more aware about it. But it will be different if they want to trading. They must know how to analyze a coin so can be profitable for them.

It's the first t learn before investing inside this market, every investment venue have risk but due to more fluctuation and volatile nature of this
industry, investors needs to educate themselves in order not to be rushing everything inside this market.

Knowing good deals and follow good actual patterns from expert traders will help to analyze the situation before taking your any position.

PLATO

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Quote from: iamaruf on October 22, 2019, 06:35:52 AM

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?

Invest those money that you can afford to lose. Yes,investing in crypto is good in my view.though you told that you are new then go for top altcoins like btc,eth,ltc,xrp,bnb. Because yhese coin is safe than the others coin. Don't invest your money new altcoins and low Trade volume altcoins. Before investment try to make own analysis. Keep in mind that crypto is risky if you don't know how to control emotion.

I agree with you . This market is not a place for investors with a poor mentality because any investment requires great patience and it is best to choose only the top coins in this market. I don't encourage you to venture into coins that do not have a clear development because the risk can cost you a lot of money in this market. The best advice when investing is to set the price to sell before buying and control your greed in this market.

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Quote from: Silberman on October 22, 2019, 01:29:06 PM

Quote from: tabas on October 18, 2019, 04:45:15 AM

Many upcoming investors still think this way. They all have the same thought that investing in crypto now isn't a good idea and they are probably late already since the hype was gone. But now that the market is growing naturally, hype shouldn't be the basis of its growth.
They have the encouragement now that if the market starts to get up again and another all time high is about to happen, they'll be happy to ride it early if they'll start now.

That is because they do not really know what they are doing, smart investors are looking for investments where they can put their money for years and be given profits and this market is perfect for that, but many of those so called investors are not really looking for that, they want to obtain fast results similar to what a trader will get, but you are very dependent on when you enter the market if you follow a strategy like that, this can be easily exemplified by all of those that got in the market during the 2017 crash and held during a year, during that time there were no profits to be had and if they gave up at that point they probably registered huge losses.

And unwise investors are looking for those quick profits and after that they don't know what to do. Despite of the experiences that we had in this very swingy ride with cryptocurrencies, we all understand the true potential that it has unlike those unwise ones that always thinks that investing now isn't such a good idea but once they see the market is going beautiful, they'll jump in again.

MI6

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Quote from: MonaLeeTracy on October 22, 2019, 09:50:39 AM

Quote from: shushu9977 on October 22, 2019, 04:47:50 AM

Investing in crypto is a good idea because this is a process of digital payment from anywhere with a few seconds. Yes, you could buy crypto anytime, it depends on you. I am happy to be part of crypto family. I can exchange crypto easily from my mobile or laptop.

If someone who already knows about cryptocurrency will understand that conducting investments in cryptocurrency is an easy thing to do, but for some people who are still in the new category, I think they also don't really understand cryptocurrency.

A lot of people, if want to make investment, actually only know buy and sell is already good. We only need to educate them if it is risky, so they are more aware about it. But it will be different if they want to trading. They must know how to analyze a coin so can be profitable for them.

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