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Topic: Is it the right time to invest in cryptocurrencies? - page 10. (Read 2151 times)

member
Activity: 252
Merit: 45


The economic pains of Covid-19 experienced in 2020 are experienced in many countries. Many countries are going through hard times economically and will. In these periods, salvation will of course be profitable investment planning. When I look at the crypto market for this period, the general comments are in the direction of BNB investment advice.

Do you think it makes sense to invest in BNB or another cryptocurrency?

What else can you suggest in line with the analyzes made on the subject?

The Covid 19 health crisis has dealt a heavy blow to the economy around the world. But there are always opportunities in crises. Most of the big companies have grown by turning crises into opportunities.

Whether or not to invest in BNB for the purchase of Kripro will be at your discretion. BNB is a crypto that will always be valued for investment.
member
Activity: 196
Merit: 34
If we want profit, of course now is the right time, today the market seems to be getting excited, and I see data on coinmarketcap from the top 100 rankings, only 6 are red, a sign that the market is moving positively and investing immediately is the best thing so we can profit immediately.

Every time the market gives you a chance, you just have to wait patiently for the right opportunity. It is good to see in today's market that traders who waited patiently and bought into the last down trend are now able to make a good profit. So the market trend must be given importance to get good results.

In the current market situation, top coins should be bought in this market for the purpose of trading, now it would be a good decision to buy top coins in the current market trend, because even if the market changes suddenly, big losses can be avoided.
It's not that easy because even if the market is red and we can buy and then wait for a positive trend for me it's not easy because the increase is not determined how much this coin can strengthen, so it's true that you said the key is patience in this case, there is no need to be careless and we still follow the flow If the market is positive, then for me every time there is an opportunity to get it, I will not miss the coin I'm after.
Because in trading I always target the profit that must be obtained and also the loss limit that must be avoided.

I'm new to crypto exchanges, but the first rule I've learned is not to panic. In fact, nobody owns any crypto. only as escrow. It is beneficial to proceed calmly and researching.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
If we want profit, of course now is the right time, today the market seems to be getting excited, and I see data on coinmarketcap from the top 100 rankings, only 6 are red, a sign that the market is moving positively and investing immediately is the best thing so we can profit immediately.

Every time the market gives you a chance, you just have to wait patiently for the right opportunity. It is good to see in today's market that traders who waited patiently and bought into the last down trend are now able to make a good profit. So the market trend must be given importance to get good results.

In the current market situation, top coins should be bought in this market for the purpose of trading, now it would be a good decision to buy top coins in the current market trend, because even if the market changes suddenly, big losses can be avoided.
It's not that easy because even if the market is red and we can buy and then wait for a positive trend for me it's not easy because the increase is not determined how much this coin can strengthen, so it's true that you said the key is patience in this case, there is no need to be careless and we still follow the flow If the market is positive, then for me every time there is an opportunity to get it, I will not miss the coin I'm after.
Because in trading I always target the profit that must be obtained and also the loss limit that must be avoided.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
If we want profit, of course now is the right time, today the market seems to be getting excited, and I see data on coinmarketcap from the top 100 rankings, only 6 are red, a sign that the market is moving positively and investing immediately is the best thing so we can profit immediately.

Every time the market gives you a chance, you just have to wait patiently for the right opportunity. It is good to see in today's market that traders who waited patiently and bought into the last down trend are now able to make a good profit. So the market trend must be given importance to get good results.

In the current market situation, top coins should be bought in this market for the purpose of trading, now it would be a good decision to buy top coins in the current market trend, because even if the market changes suddenly, big losses can be avoided.
full member
Activity: 845
Merit: 100
If we want profit, of course now is the right time, today the market seems to be getting excited, and I see data on coinmarketcap from the top 100 rankings, only 6 are red, a sign that the market is moving positively and investing immediately is the best thing so we can profit immediately.
member
Activity: 1162
Merit: 58


The economic pains of Covid-19 experienced in 2020 are experienced in many countries. Many countries are going through hard times economically and will. In these periods, salvation will of course be profitable investment planning. When I look at the crypto market for this period, the general comments are in the direction of BNB investment advice.

Do you think it makes sense to invest in BNB or another cryptocurrency?
BNB is a perfect choice mate and yes Buy this coin now and try to keep holding as Binance coin is the most promising currency in crypto world now.
Quote
What else can you suggest in line with the analyzes made on the subject?
Solana? Ripple? or best in ethereum and of course Bitcoin .
sr. member
Activity: 1876
Merit: 318
Of course, it is very important that we manage our finances, don't let us spend all our capital to buy coins. We have to save some of it just in case
the price of the coins we buy falls lower, so we can buy it again. And don't spend our capital on just one coin, it's more risky. I recommend that
we divide our capital in several potential coins. New coins should only be for short-term investments, and after successfully taking profits,
then the price of new coins will falls. In my opinion, don't buy it again, because it doesn't guarantee the new coins the price goes up again.
Unless the new coins are listed on popular exchanges, there is a possibility that the new coins will be pumped again. Because popular exchanges
usually have a lot of active traders.
That will need calculation to define how much money we can use for crypto investment so hopefully, it will not bother our daily needs and we should have saved some amount for the urgent thing. Diversifying our coins will be better than just having one coin but we must be careful to select the coin because we have many coins in the crypto market that can increase anytime. But use bitcoin as your main investment while you can select up to 5-10 coins as your secondary investment in crypto.

If the new coins are listed on popular exchanges, those coins can have a chance to increase higher someday so you can select that as your additional coin investment. But remember, there is no right time to know when the price will increase later.

That is why investing in cryptocurrencies must use money that we can afford to lose, so that money for daily needs is not used. We must wisely
manage the finances we have, don't let us experience financial problems because of investing in crypto. Moreover, to borrow money for investment,
it's the wrong thing to do. Just invest in accordance with the financial capabilities of each of us. I agree that we are free to invest in any altcoins,
the most important thing is to always make Bitcoin the first choice. Because Bitcoin is the best and safest coins for investment. Then we don't force
to invest in new coins, because it is very difficult to predict the movement of new coins, there is no track record of the movement of new coins.
New coins are also often used by whales to pump and dump, so investing in new coins is indeed very high risk. Think carefully if we really want to
invest in new coins, if there is extra money we can try investing in new coins.
member
Activity: 196
Merit: 34
Binance Coin (BNB) is indeed a good coin and its potential in the future will also be good. The BNB hold must meet the target and I hold it at 30% of the current price. When it is achieved. At least in 2022 my target on BNB can be achieved.
I'm even holding BNB at 50% of the current price because I'm more confident of targeting $1000 on BNB within the next year if the BSC network starts to be used more widely and will be in great demand by new project developers if there is a better upgrade from This year.

I agree with you that the BSC network will be widely used. BNB will be the strongest cryptocurrency of the future. I think it would be unfair to limit this scale to 1000 dollars.
hero member
Activity: 2338
Merit: 737
Binance Coin (BNB) is indeed a good coin and its potential in the future will also be good. The BNB hold must meet the target and I hold it at 30% of the current price. When it is achieved. At least in 2022 my target on BNB can be achieved.
I'm even holding BNB at 50% of the current price because I'm more confident of targeting $1000 on BNB within the next year if the BSC network starts to be used more widely and will be in great demand by new project developers if there is a better upgrade from This year.
member
Activity: 672
Merit: 10
umachit.fund
It makes perfect sense for BNB to be used as an investment in crypto. Collecting BNB and holding from now on is a good strategy for investing. Because many smart people who are active in investing in crypto definitely do it in addition to other big coins like ETH and BTC. Maybe BTC is too expensive to be used as an investment coin in the middle of a dying economy.
BNB is a list of investment coins that can be said to be good. and many more potential new altcoins you can search for traces on coinmarketcap according to your recommendations. i have bought BNB do staking my BNB but not all, i am waiting for the price of BNB to reach 1500 i will sell it. Well, even though the market is bleeding, I will survive..?
Binance Coin (BNB) is indeed a good coin and its potential in the future will also be good. The BNB hold must meet the target and I hold it at 30% of the current price. When it is achieved. At least in 2022 my target on BNB can be achieved.
full member
Activity: 584
Merit: 100
$CYBERCASH METAVERSE
Try to take entry in every dip and buy at parts. Due to market crash almost all coins down 50%-70%. You can take entry in any top coins. I will prefer those coins whch have some good use case and can go high in future.
May be soon market stable and we would miss such a great opportunity.
legendary
Activity: 2716
Merit: 1383
Investing in cryptocurrencies is always interesting and it's never too late, the concept of decentralization allows us to profit even though we buy at a high price, I bought ethereum for $ 4500, of course I will be patient to wait for the price to rise, as long as we can be patient it will certainly profit.
If only if the mindset of traders like you, maybe we will rarely hear panic sell. The cryptocurrency market is very volatile, no specific time can be predicted with accuracy. Traders who are professionals in the crypto market will find it a bearish moment to enter the market. Usually after dumping the market will reverse direction. But when reality does not match expectations, being patient will be the perfect choice to get the desired result.
Most traders are never going to be like that because they have false expectations out of this market, they think that it is easy to make profits and come to this market thinking they will become rich in a heartbeat, and then when they find out this is not the case they take all kind of decisions based on their emotions, and once you reach that point there is not a way to make a comeback from it and you will be destined to lose all your money in the markets sooner rather than later.
hero member
Activity: 952
Merit: 503
Time management? Actually, the answer to this question is correct! This time management is really an important issue. When to join a cryptocurrency, when to exit. critical management process.
Time management must always be applied to all work not only for cryptocurrencies, because time is a very valuable initial capital for everyone, so if there are still people who are wasting their time at this time, then he is a very loser.
sr. member
Activity: 2002
Merit: 250
-snip-

Do you think it makes sense to invest in BNB or another cryptocurrency?

What else can you suggest in line with the analyzes made on the subject?
of course nowadays it is natural for people to invest in BNB, especially when there is a discount for BNB. in fact, people are waiting for this coin to explode until it has a high price.
By far, the safest suggestion when it comes to holding crypto, lies in popular altcoins. I'm pretty sure that coins like SOL, ADA, MATIC, and other popular coins are an alternative after choosing BNB.
The top altcoins are still the main choice to hold them in the long term apart from being safe these coins have a bright future,
so the risk is not too big but it comes back to each person's decision because I'm sure they also have different views on seeing the top altcoins
full member
Activity: 812
Merit: 108
Do you think it makes sense to invest in BNB or another cryptocurrency?
In terms of investment terms and conditions at the moment, after bitcoin's big correction on December 4th, the market is still sideways to find direction - this is a challenge for larger holders but it is a good opportunity for those who take advantage of this opportunity.

BNB is a good choice but to me the opportunity for bitcoin is much clearer.
Quote
The economic pains of Covid-19 experienced in 2020 are experienced in many countries. Many countries are going through hard times economically and will. In these periods, salvation will of course be profitable investment planning.
The next pain that inflation causes will go to the extreme, 6.8% of the inflation rate for a leading power in the world like the US is proving that people are not looking at the situation on inflation and unfortunately that doesn't give them a chance.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!



Do you think it makes sense to invest in BNB or another cryptocurrency?
Binance is the most productive coins in our time now and Yes investing to this? you will find profit here almost every year.
i missed the chance to invest when the price is still 2 digits that is why i did my investment when the value climbed to 200$+
Quote
What else can you suggest in line with the analyzes made on the subject?
I am now good in Analyzation but I am looking for Solana and Cardano that will be the most coin to look at now.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”


The economic pains of Covid-19 experienced in 2020 are experienced in many countries. Many countries are going through hard times economically and will. In these periods, salvation will of course be profitable investment planning. When I look at the crypto market for this period, the general comments are in the direction of BNB investment advice.

Do you think it makes sense to invest in BNB or another cryptocurrency?

What else can you suggest in line with the analyzes made on the subject?
I thought this is a general question but it seems  that you are focusing in Binance coin here and not in majority of crypto.

But yeah it is good to invest in Crypto now specially Binance coin in which one of the best and promising currency ever created.

but invest in top 10 currency now and you will gain big in the future(Estimated 1-5 years)
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
Of course, it is very important that we manage our finances, don't let us spend all our capital to buy coins. We have to save some of it just in case
the price of the coins we buy falls lower, so we can buy it again. And don't spend our capital on just one coin, it's more risky. I recommend that
we divide our capital in several potential coins. New coins should only be for short-term investments, and after successfully taking profits,
then the price of new coins will falls. In my opinion, don't buy it again, because it doesn't guarantee the new coins the price goes up again.
Unless the new coins are listed on popular exchanges, there is a possibility that the new coins will be pumped again. Because popular exchanges
usually have a lot of active traders.
That will need calculation to define how much money we can use for crypto investment so hopefully, it will not bother our daily needs and we should have saved some amount for the urgent thing. Diversifying our coins will be better than just having one coin but we must be careful to select the coin because we have many coins in the crypto market that can increase anytime. But use bitcoin as your main investment while you can select up to 5-10 coins as your secondary investment in crypto.

If the new coins are listed on popular exchanges, those coins can have a chance to increase higher someday so you can select that as your additional coin investment. But remember, there is no right time to know when the price will increase later.
sr. member
Activity: 1876
Merit: 318
There are indeed a lot of good coins right now that we can buy, because now the market is still experiencing a decline, so we have a large
selection of coins to buy at low prices. But besides we have to choose which coins are worth buying, we also have to be able to separate which
coins are for the long term and which are coins for the short term. It is very influential for the profit that we will generate in the future.
Regarding new coins, actually, if we believe in the results of the research and analysis that we do, there is nothing wrong with trying  to invest
in new coins. But we must be prepared with a high risk of investing in new coins, and most importantly, if we want to invest in new coins,
we must sell it immediately if we are already profitable. Because it is too late to sell new coins, we will be stuck in these coins for a long time.
Before we select the coin, it is better we calculate the money and not use all of the money to invest in the coins. Although the market is down, we still need to analyze deeper and not just buy the coin because of other people suggestions. In this downtrend, those coins tempted us to buy but we need to be wise to select which coins that we think will increase in the short or long term and do not buy many coins if we can not manage.

Maybe the new coins can be our short term investment so once the price increase so high, we should sell it before it is late. We can buy back the coins when the price is down because sometimes the price can down too deep.

Of course, it is very important that we manage our finances, don't let us spend all our capital to buy coins. We have to save some of it just in case
the price of the coins we buy falls lower, so we can buy it again. And don't spend our capital on just one coin, it's more risky. I recommend that
we divide our capital in several potential coins. New coins should only be for short-term investments, and after successfully taking profits,
then the price of new coins will falls. In my opinion, don't buy it again, because it doesn't guarantee the new coins the price goes up again.
Unless the new coins are listed on popular exchanges, there is a possibility that the new coins will be pumped again. Because popular exchanges
usually have a lot of active traders.
member
Activity: 196
Merit: 34


The economic pains of Covid-19 experienced in 2020 are experienced in many countries. Many countries are going through hard times economically and will. In these periods, salvation will of course be profitable investment planning. When I look at the crypto market for this period, the general comments are in the direction of BNB investment advice.

Do you think it makes sense to invest in BNB or another cryptocurrency?

What else can you suggest in line with the analyzes made on the subject?
You can always use something special like bitcoin.  I'm not sure if you've tried doing research on the Rsk network or the decentralized derivatives ecosystems linked on Sovryn?  Anytime you are fully aware of the culture and responsibility that must be in investing is welcome.  You can borrow and lend bitcoins or search for launchers launched on it and cycle around bitcoin.  Going early is fine but it's safe to say that your DYOr is a good fit.  When is the best question to ask that you are not really ready to play.

Time management? Actually, the answer to this question is correct! This time management is really an important issue. When to join a cryptocurrency, when to exit. critical management process.
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