Topic: My Advice on Investing in Crypto - page 2. (Read 3277 times)
Understanding of investment is the main step to get results from investment, crypto has an unstable value so that its value can grow high and can also fall low. With that understanding we will not be easy to panic with the market downturn, stay afloat and wait for the market to recover, because the crypto market will allow it to grow again.
Before investing in crypto, we must have prior knowledge about crypto, we cannot just invest without knowing what we will do later. We also need to know the characteristics of fraud when investing so that we don't lose big when investing crypto. We must be very careful also because crypto investing is not an easy thing, but I believe if we really mean success is before our eyes.
I believe that at the moment the investment in altcoins is not very relevant, because the market is falling
why we dont to try catching opportunity in falling market.we could earn cheap price if we dare to buy bitcoin or altcoin.but we should have to calculate it first.In this kind of market I think those new investors will be get the benefits of investing now, unlike old investors that already loss a lot now. But yes this is the best way to buy some cheap coins.
I believe that at the moment the investment in altcoins is not very relevant, because the market is falling
why we dont to try catching opportunity in falling market.we could earn cheap price if we dare to buy bitcoin or altcoin.but we should have to calculate it first. Be patient, that is the key to your success in this market, if you do not succeed then you review your knowledge.
Patience. strategy and also experience is as a combination where we will be able to successfully invest in cryptocurrency because now without it all we will panic and loss
Now we are talking about investing in crypto, now Crypto currencies present a variety of perspectives, both of which imply positive or negative views. currently crypto-based investments still look less stable. indeed, the existence of large demand indicates that it contains strong economic movements ...
The conclusion:
Still worthy of being used as an investment commodity, with limited value and is secondary.
For that I added a little, the most relevant way to increase the scalability of crypto currencies is the support of regulators, the potential is great, the proof that is still a challenge by the perpetrators. believe that investment is not wrong, because every investment always contains risks. For the time being, the risk of investing in crypto currencies is quite large with various possibilities in the market, I think that is enough.
The conclusion:
Still worthy of being used as an investment commodity, with limited value and is secondary.
For that I added a little, the most relevant way to increase the scalability of crypto currencies is the support of regulators, the potential is great, the proof that is still a challenge by the perpetrators. believe that investment is not wrong, because every investment always contains risks. For the time being, the risk of investing in crypto currencies is quite large with various possibilities in the market, I think that is enough.
Investing in cryptocurrency is a mechanism for building wealth, but it is not only for the wealthy. This is why our community is growing. Anyone can get started investing in crypto, and various options (BTC, ALT Coins, ICO’s) make it easy to begin with small amounts of fiat and add to a build a portfolio. What differentiates investing in crypto from gambling is that it takes time! There is not a get-rich-quick scheme.
The Definition of Investing is, “The act of committing money or capital to a venture with the expectation of obtaining an additional income or profit.”
Legendary investor Warren Buffett defines investing as “… the process of laying out money now to receive more money in the future.” The goal of investing is to put your money to work in one or more types of investment vehicles like cryptocurrency, in the hopes of growing your money over time.
Remember we invest so we can “work smarter and not harder.” If you are like me, you work hard at your job. It doesn’t matter whether you work for a company or own your own business. We all work long hours which requires sacrifice and adds stress to our lives. Using some of our hard-earned money and investing for our future needs is the best way to make the most of what you earn. Pay yourself first by investing.
Investing is also about setting priorities for your money. Spending is way too easy and provides instant gratification. New clothes, exotic vacations, fancy dinners and flashy sportscars are wonderful and make life more enjoyable. However, investing requires prioritizing the needs of our financial futures over the wants of our present desires. Investing in cryptocurrency is a way to set aside money and put that money to work for you so that you can reap the rewards of your discipline in the future. This is how you receive a solid future.
There are several different ways you can invest in cryptocurrency, including putting money into coins, tokens, ICO’s, Bounty Campaigns, etc. Every investment vehicle has its positives and negatives. There are no guarantees of making money, but a little work on your part can increase your odds of being successful. Analysis, research and even just plain reading up on crypto can help.
No one investing strategy or approach fits all. Every investor has different reasons for investing, different goals, different time horizons and varying degrees of comfort with investing. It’s important to define and articulate your own parameters.
You must set goals. What do you want to achieve for the money that you will be investing? Is safety of your investment with some level of return sufficient? Are you trying to grow your money for a longer-term goal? You will even have different types of investments for different goals. Before you decide to invest any money into cryptocurrency it is imperative that you understand why you are investing and the result that you desire. Goals should never be created in a vacuum. You also need to know your risk tolerance and your time-line as part of the goal-setting process.
Risk can mean a lot of things. Investing in cryptocurrency means you have a risk of losing money. Your money invested can decrease in value, possibly to zero. ALL investing involves risk in one way or another. Stocks often can go down in value over periods of time, just like crypto. Do you remember what happened in 2008? The S&P 500 dropped by 37%. This decline in the stock market was one of the worst in history. Severe market corrections are not uncommon, especially in cryptocurrency!
How much of a drop-in value for your investments can you tolerate? Your tolerance of this risk is a function of when you need the money. This is your time horizon. Usually, the younger you are the less thought you give to fluctuations in the value of your investments. This is the volatility of an investment. You should align your investments with your time horizon.
How long are you going stay in an investment? Warren Buffett rarely sells a stock he owns and doesn’t get rattled by market fluctuations. This is generally known as a “buy-and-hold” strategy. There are extreme traders who buy and sell cryptocurrency daily. This is fine if you are a professional but is rarely a good strategy for the average investor. I am not saying that you need to hold an investment forever. Things change, and you should analyze your individual holdings on a set schedule to ensure they are still appropriate for your situation.
Some crypto-investment vehicles require sophisticated knowledge and monitoring. Others are more set it and forget it. Your individual investment decisions should be based on your comfort level and your willingness to devote time to researching your choices. An easy route is to choose a variety of cryptocurrencies. A diverse portfolio of BTC, ETH, LTC, and BCH. Crypto investors with more knowledge and experience might consider ICO’s. It is important that you understand what you do know and don’t know. You should never be talked into something that you don’t understand or are uncomfortable with.
The Definition of Investing is, “The act of committing money or capital to a venture with the expectation of obtaining an additional income or profit.”
Legendary investor Warren Buffett defines investing as “… the process of laying out money now to receive more money in the future.” The goal of investing is to put your money to work in one or more types of investment vehicles like cryptocurrency, in the hopes of growing your money over time.
Remember we invest so we can “work smarter and not harder.” If you are like me, you work hard at your job. It doesn’t matter whether you work for a company or own your own business. We all work long hours which requires sacrifice and adds stress to our lives. Using some of our hard-earned money and investing for our future needs is the best way to make the most of what you earn. Pay yourself first by investing.
Investing is also about setting priorities for your money. Spending is way too easy and provides instant gratification. New clothes, exotic vacations, fancy dinners and flashy sportscars are wonderful and make life more enjoyable. However, investing requires prioritizing the needs of our financial futures over the wants of our present desires. Investing in cryptocurrency is a way to set aside money and put that money to work for you so that you can reap the rewards of your discipline in the future. This is how you receive a solid future.
There are several different ways you can invest in cryptocurrency, including putting money into coins, tokens, ICO’s, Bounty Campaigns, etc. Every investment vehicle has its positives and negatives. There are no guarantees of making money, but a little work on your part can increase your odds of being successful. Analysis, research and even just plain reading up on crypto can help.
No one investing strategy or approach fits all. Every investor has different reasons for investing, different goals, different time horizons and varying degrees of comfort with investing. It’s important to define and articulate your own parameters.
You must set goals. What do you want to achieve for the money that you will be investing? Is safety of your investment with some level of return sufficient? Are you trying to grow your money for a longer-term goal? You will even have different types of investments for different goals. Before you decide to invest any money into cryptocurrency it is imperative that you understand why you are investing and the result that you desire. Goals should never be created in a vacuum. You also need to know your risk tolerance and your time-line as part of the goal-setting process.
Risk can mean a lot of things. Investing in cryptocurrency means you have a risk of losing money. Your money invested can decrease in value, possibly to zero. ALL investing involves risk in one way or another. Stocks often can go down in value over periods of time, just like crypto. Do you remember what happened in 2008? The S&P 500 dropped by 37%. This decline in the stock market was one of the worst in history. Severe market corrections are not uncommon, especially in cryptocurrency!
How much of a drop-in value for your investments can you tolerate? Your tolerance of this risk is a function of when you need the money. This is your time horizon. Usually, the younger you are the less thought you give to fluctuations in the value of your investments. This is the volatility of an investment. You should align your investments with your time horizon.
How long are you going stay in an investment? Warren Buffett rarely sells a stock he owns and doesn’t get rattled by market fluctuations. This is generally known as a “buy-and-hold” strategy. There are extreme traders who buy and sell cryptocurrency daily. This is fine if you are a professional but is rarely a good strategy for the average investor. I am not saying that you need to hold an investment forever. Things change, and you should analyze your individual holdings on a set schedule to ensure they are still appropriate for your situation.
Some crypto-investment vehicles require sophisticated knowledge and monitoring. Others are more set it and forget it. Your individual investment decisions should be based on your comfort level and your willingness to devote time to researching your choices. An easy route is to choose a variety of cryptocurrencies. A diverse portfolio of BTC, ETH, LTC, and BCH. Crypto investors with more knowledge and experience might consider ICO’s. It is important that you understand what you do know and don’t know. You should never be talked into something that you don’t understand or are uncomfortable with.
This is very nice to know. People always invest on something and wants a quick return without even having a study about that and end up crying about it if it fails.
Crypto investment is lucrative for the smart, hence it requires the readiness to study, analyse, and make good choices in crypto before an investor can make the best out of it. Patience is also very necessary in crypto investment as there are times when the market will go down.
There are several points that must be known by anyone who wants to invest or trade crypto. The most important thing is knowing what crypto is and how to buy, store, and use for investment and trade. Next, the points analysis causes the crypto to go up or down. When deciding whether to buy or sell, use logic not emotion. Finally, pray that you are always lucky. 
I believe that at the moment the investment in altcoins is not very relevant, because the market is falling
Before investing, make a thorough investigation in the coin you are investing in and do observe the coin's statistics for atleast one year. Also, try investing in the top 10 coins as they are the least risky coins and are no longer considered under a financial bubble which can burst.
You can consider Ethereum, Bitcoin, Litecoin for your portfolio as these coins are well accepted in the financial market and have great prospects for the future.
in my opinion, before we invest in crypto we must know what crypto is and how it works. before we know what crypto is, don't invest once. if you don't know what crypto is. You can consider Ethereum, Bitcoin, Litecoin for your portfolio as these coins are well accepted in the financial market and have great prospects for the future.
The article is quite long but I still read it. I can feel you have spent time learning about investing a lot. It is a precious experience to share to new people like me and those who want to invest in this bustling cryptocurrency market.
Maybe in investing we must know in advance about the real crypto world. Do not let us only come from investing without knowing the risk that will occur if we take the wrong action. Deep insight into the crypto world must be studied, because crypto investing is not easy. So we need precision and patience when we want to invest crypto.
Of course that is very important because we have to know about what is the investment and also the basis of cryptocurrency to be able to invest here because we must be able to understand about the decline and also the market conditions that can occur when
Maybe in investing we must know in advance about the real crypto world. Do not let us only come from investing without knowing the risk that will occur if we take the wrong action. Deep insight into the crypto world must be studied, because crypto investing is not easy. So we need precision and patience when we want to invest crypto.
Investing is a very personal thing and it has to be planned carefully according to everyone's situation.
In terms of crypto investment, the only coin that I see long-term value is still the Bitcoin, because of its consensus.
The consensus is much more important than the technology that other ALTcoins claimed to have, since all cryptos are open sourced and it is not difficult to integrate those features to the Bitcoin if the community sees it is necessary.
In terms of crypto investment, the only coin that I see long-term value is still the Bitcoin, because of its consensus.
The consensus is much more important than the technology that other ALTcoins claimed to have, since all cryptos are open sourced and it is not difficult to integrate those features to the Bitcoin if the community sees it is necessary.
Before you invest in the cryptocurrency, you need to learn absolutely everything about it. You should weigh all pros and cons of the chosen tokens and calculate the possible profit.
Indeed, many investors now have these simple rules. They have forgotten what they are investing in, what they use, ... they only care about profit and lazy to find out about the portfolio they invest. that's a fatal mistake. Hope this article will be read more and more people understand how to invest properly.
Before investing, make a thorough investigation in the coin you are investing in and do observe the coin's statistics for atleast one year. Also, try investing in the top 10 coins as they are the least risky coins and are no longer considered under a financial bubble which can burst.
You can consider Ethereum, Bitcoin, Litecoin for your portfolio as these coins are well accepted in the financial market and have great prospects for the future.
You can consider Ethereum, Bitcoin, Litecoin for your portfolio as these coins are well accepted in the financial market and have great prospects for the future.
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do observe the coin's statistics for atleast one year.
oh my gosh 1 year? thats freakin long dude . you can spend the money unecesarily if you are only waiting a longer time .
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try investing in the top 10 coins as they are the least risky coins
agree on this one . this is the best thing that we can do , we dont need to observe and wait for other coins because top 10 cryptos are already secure and can guarantee us a good income in the long run .
anyways , my only advice on crypto is that invest only what you can afford to loose . goodluck to all of us .
Before investing, make a thorough investigation in the coin you are investing in and do observe the coin's statistics for atleast one year. Also, try investing in the top 10 coins as they are the least risky coins and are no longer considered under a financial bubble which can burst.
You can consider Ethereum, Bitcoin, Litecoin for your portfolio as these coins are well accepted in the financial market and have great prospects for the future.
You can consider Ethereum, Bitcoin, Litecoin for your portfolio as these coins are well accepted in the financial market and have great prospects for the future.
Its true that we should make investigation or research before we make investment in some of coin. Invest on big liquidity coin is one safest way because have big transaction in market. But i think, the best crypto is bitcoin, ethereum because both coin dominating more than 60% market cap value
Investing is a very personal thing and it has to be planned carefully according to everyone's situation.
In terms of crypto investment, the only coin that I see long-term value is still the Bitcoin, because of its consensus.
The consensus is much more important than the technology that other ALTcoins claimed to have, since all cryptos are open sourced and it is not difficult to integrate those features to the Bitcoin if the community sees it is necessary.
In terms of crypto investment, the only coin that I see long-term value is still the Bitcoin, because of its consensus.
The consensus is much more important than the technology that other ALTcoins claimed to have, since all cryptos are open sourced and it is not difficult to integrate those features to the Bitcoin if the community sees it is necessary.
Pretty good post. Crypto does appeal to people who don't have a lot of money to invest. It is the beginning of a brand new type of currency and we are just getting in on it. Most people don't even understand how it works yet or think that it's a scam. Although, honestly, a lot of people think that about foreign exchange and the stock market too. The delayed gratification necessary to lay out your money for crypto instead of toys and gadgets will pay off.
I agree with this. I love the whole argument as it makes me understand this topic.It is indeed that most people who engage with cryptocurrency were not that knowledgeable enough so they end up being scammed. Thus, it is essential to be aware about this. We should take advantage of this innovation and don't let it harm us in any way it could be. Being wise should what we all possessed.
Before investing, make a thorough investigation in the coin you are investing in and do observe the coin's statistics for atleast one year. Also, try investing in the top 10 coins as they are the least risky coins and are no longer considered under a financial bubble which can burst.
You can consider Ethereum, Bitcoin, Litecoin for your portfolio as these coins are well accepted in the financial market and have great prospects for the future.
You can consider Ethereum, Bitcoin, Litecoin for your portfolio as these coins are well accepted in the financial market and have great prospects for the future.
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