Just a quick warning - page 3. | Bitcointalksearch.org

best2015

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Quote from: Chuky92 on February 17, 2020, 05:03:30 PM

Quote from: DDante on January 04, 2020, 07:51:39 AM

No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do not fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart

Be smart; that's the key words and if someone allows his emotions to come first rather then taking the neccessary caution, the end result might not be favourable. Investing what one can afford to lose is really the best way to invest, in this case even if it didn't go according to plan you can still move on easily unlike when you decide to go all in, in a bid to hit it once. Lastly, most new projects aren't worth it, therefore let's ensure to try our best to check thoroughly before letting go of your precious hard earned money.

Be smart - that's just great. We shouldn't rely on our feelings or sixth sense in terms of investing. It is risks, chances, math, graphs and a bit of luck. No emotions will help you to make a good investment

rdewilde

full member

Activity: 925

Merit: 100

Nothing more can be added because this is true and can never be battled with. Most projects always present a good and attractive look, write good whitepapers and lightpapers, have good admins and to round it up have a good website but when it comes to delivering they have nothing to deliver therefore I agree with you, invest what you can afford to lose while hoping for the best. On the other hand, there are still some projects which starts off with their own funds, reached a particular height then starts seeking for public offer; although this type most of the times offers good prospects nevertheless let's invest what we can afford to lose. To finish up, loving a single coin is a No No as it blinds one from seeing what others have to offer; having one or two good altcoins is good in addition to BTC.

Chuky92

copper member

Activity: 966

Merit: 5

Quote from: DDante on January 04, 2020, 07:51:39 AM

No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do not fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart

Be smart; that's the key words and if someone allows his emotions to come first rather then taking the neccessary caution, the end result might not be favourable. Investing what one can afford to lose is really the best way to invest, in this case even if it didn't go according to plan you can still move on easily unlike when you decide to go all in, in a bid to hit it once. Lastly, most new projects aren't worth it, therefore let's ensure to try our best to check thoroughly before letting go of your precious hard earned money.

juegav

newbie

Activity: 28

Merit: 0

Quote from: wellay on February 17, 2020, 03:42:02 PM

What also makes sense - they are unique with the features they are bringing. And I couldn't find competitors with similar functionality. But of course, I recommend you to Google guys and have a look at the website to get a bit deeper

Good idea, will do shortly and get back with my thoughts. Thanks

wellay

newbie

Activity: 28

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Quote from: juegav on February 17, 2020, 03:41:19 PM

Sounds familiar, I might have heard of it already, but will definitely have a closer look

What also makes sense - they are unique with the features they are bringing. And I couldn't find competitors with similar functionality. But of course, I recommend you to Google guys and have a look at the website to get a bit deeper

juegav

newbie

Activity: 28

Merit: 0

Quote from: wellay on February 17, 2020, 03:40:47 PM

One of few really advanced solutions I can recommend is ThreeFold Network, pretty widely discussed one these days. In few words, Threefold network is the biggest decentralized grid of self-managing Internet capacity in the world, being built collectively by an inclusive ecosystem and owned by everyone. Mission is to expand the current Internet to all areas of the world and to allow everyone to use this Internet at a fraction of its current price

Sounds familiar, I might have heard of it already, but will definitely have a closer look

wellay

newbie

Activity: 28

Merit: 0

Quote from: juegav on February 17, 2020, 03:40:06 PM

Interesting and rational, cause usually people just follow what everyone follows. But I love your strategy more, it is deeper and more objective. As you are into tech and IT in particular, can you give me an example of the solution that meets your requirements nowadays?

One of few really advanced solutions I can recommend is ThreeFold Network, pretty widely discussed one these days. In few words, Threefold network is the biggest decentralized grid of self-managing Internet capacity in the world, being built collectively by an inclusive ecosystem and owned by everyone. Mission is to expand the current Internet to all areas of the world and to allow everyone to use this Internet at a fraction of its current price

juegav

newbie

Activity: 28

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Quote from: wellay on February 17, 2020, 03:39:21 PM

Basically, mine is the pretty complex - I am starting with the niche. For example, talking about me, I am fond of different progressive IT solutions. After the niche is chosen, I have a look at the solutions that are having the highest ratings along with real feedback from users. And then I am also evaluating things on my own, paying attention to team, opportunities and more

Interesting and rational, cause usually people just follow what everyone follows. But I love your strategy more, it is deeper and more objective. As you are into tech and IT in particular, can you give me an example of the solution that meets your requirements nowadays?

wellay

newbie

Activity: 28

Merit: 0

Quote from: juegav on February 17, 2020, 03:38:27 PM

Hmm, I agree that there are many aspects that matter. And I am not only talking about the idea as the idea, but much more about complex approach. So curious to hear your views

Basically, mine is the pretty complex - I am starting with the niche. For example, talking about me, I am fond of different progressive IT solutions. After the niche is chosen, I have a look at the solutions that are having the highest ratings along with real feedback from users. And then I am also evaluating things on my own, paying attention to team, opportunities and more

juegav

newbie

Activity: 28

Merit: 0

Quote from: wellay on February 17, 2020, 03:37:06 PM

Hello everyone. I would say that there is huge variety of different solutions coming onto the market, so I am here with the strategy I personally use. In my opinion, mine is pretty rational and can help to find the most advanced solutions

Hmm, I agree that there are many aspects that matter. And I am not only talking about the idea as the idea, but much more about complex approach. So curious to hear your views

wellay

newbie

Activity: 28

Merit: 0

Hello everyone. I would say that there is huge variety of different solutions coming onto the market, so I am here with the strategy I personally use. In my opinion, mine is pretty rational and can help to find the most advanced solutions

Sanugarid

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Quote from: Spider A4 on February 16, 2020, 11:00:28 AM

You mentioned important warning for investment before a new handsome or decent projects. I think one one brave to take this big risks at the moment, A lot of scam projects warned and examples for investors. One way investment is huge risky in cryptocurrencies because it's a volatile market.

Investing is not that easy because you are risking your own money digitally since crypto is a digital currency. This is a good warning for everyone who is risking their money in some projects since not all projects are good because there are projects that are intending to scam people. In terms of portfolio, you should have a solid one so it is easy for you to make things clear and going out with your plan.

Quote from: gaston castano on February 16, 2020, 02:18:23 PM

Quote from: livingfree on January 04, 2020, 08:55:20 AM

I also say that term of not keeping all eggs into one basket but in bitcoin, this is the opposite way. If you want to minimize your losses but to maximize profit, putting to bitcoin-only can be your choice. I have invested in other altcoins because it's my choice to diversify.

Bitcoin is a gem and if you have invested only into it, you have the best gem of them all. But as time passes by, you want to explore into altcoins and that's the start of knowing others of it through the researching.

yes, because investing in bitcoin could take a long time, unless the market conditions are good, it will easily increase.
investing in altcoin has different variants, because there are so many of them, at first it may be difficult to determine which currencies are worth trading.

The market is volatile in terms of the price of every cryptocurrency. So if you are holding a lot of tokens you should have plans to do so that you cannot lose your money. Diversification is one of a reason if you really want to hold one coin and give your full time on that and wait for the right time that the market will recover and to sell it on a right and perfect time. And as an investor, you should have patience because income in this kind of investment is not getting with just a blink of an eye.

kindbtc

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You are very right and all your points are actually the basics of investing both online and offline, even in offline businesses failure is a possibility so that probability goes even higher when you are talking about an online startup, project, company or simply an investment, it can go wrong so diversification is the best policy.

gaston castano

sr. member

Activity: 1526

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Quote from: livingfree on January 04, 2020, 08:55:20 AM

I also say that term of not keeping all eggs into one basket but in bitcoin, this is the opposite way. If you want to minimize your losses but to maximize profit, putting to bitcoin-only can be your choice. I have invested in other altcoins because it's my choice to diversify.

Bitcoin is a gem and if you have invested only into it, you have the best gem of them all. But as time passes by, you want to explore into altcoins and that's the start of knowing others of it through the researching.

yes, because investing in bitcoin could take a long time, unless the market conditions are good, it will easily increase.
investing in altcoin has different variants, because there are so many of them, at first it may be difficult to determine which currencies are worth trading.

kambaralikhan

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Activity: 378

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Diversify your investment portfolio and pick cryptos sensibly is the only key of earning. No matter how bluechip is the crypto it's highly risky to invest all in single coin. Diversify the portfolio and play safe.

Pecunia non olet

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We called it diversification. If you want to hold only one coin, probably it won´t be a good tactic because you risk that some coin will be replaced by another one, like it happened many times in the future, so diversify and reduce the potential risk. Cool

Spider A4

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You mentioned important warning for investment before a new handsome or decent projects. I think one one brave to take this big risks at the moment, A lot of scam projects warned and examples for investors. One way investment is huge risky in cryptocurrencies because it's a volatile market.

b1boy

jr. member

Activity: 392

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Truly obviously I know this additionally in such a case that we depending just in one altcoins and contribute the entirety of our cash the chance is high that all our speculation will lose if this coins is going to dump. So put our cash in different projects with d main goal that when a portion of our speculation lose or become scam not all our speculation will dump.

totoy4741

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Quote from: minairia3 on February 16, 2020, 06:30:53 AM

Quote from: travwill on February 15, 2020, 03:21:51 PM

Often people do not understand the most important thing.

Then what is it? OPs suggestion is the reality. Most projects are just created to mix with the legit ones. Trusted projects can never be really be a trusted one if you dig into it. Btc can be an example. This project seems to be a shit one before but recent adoption proves their mistakr and see where it is now?

Quote from: wellay on February 15, 2020, 07:04:16 AM

Well, the most advanced and fully working product I am aware of is definitely GetHashWallet.

And another example is like this one. How do you even know if this is legit? I think I heard of it somewhere but the point is. You are not sure enough for a certain project and yet you already gain their trust. Always dig deeper to find out all about it. Then speak.

That is more thing to put in mind. Always make sure the credibility of the Team Members of the project. Even if the project has good and enticing proposal but does not have a credibiltiy and trustworthy team running behind it project won't last long and may eventually end up exiting with all the assets in their hands.

Jannyh

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Activity: 994

Merit: 4

Nice one mate. That's the truth no matter how promising a new project is, it is always not advised to invest all your money there, splitting it in several good altcoin would be nice in case where one go wrong, you will be rest assured that your loss would be minimised.

Topic: Just a quick warning - page 3. (Read 1941 times)