Topic: My Advice on Investing in Crypto - page 20. (Read 3267 times)
There are countless ways to get from crypto currency. One can decide to buy coins on the market and trade with them and others can participate in some projects in order to get paid at the end of the project’s ICO. Each and every one has to have a standard or estimated value of fund he or she wants to reach or gain pertaining to the coins one may be having. Develop strategies to achieve something at the end of your investment
This is one best post i have ever seen in forum,purely advising for the benefits of majority to prevent being victim of those fake projects,and those who dont know how to invest and on what aspect they should invest
They give up because they are weak and noob,they're greediness brings them to losses because all they want when they join for money but not for the technology,before you enter profiteering we must learn first everything about its fundamentals
Thanks for your advice, but now there are quite a few people who give up crypto because they are too risky, their capital loss ability is high. However, many people understand the business and make a profit from it.
They give up because they are weak and noob,they're greediness brings them to losses because all they want when they join for money but not for the technology,before you enter profiteering we must learn first everything about its fundamentals
Thanks for your advice, but now there are quite a few people who give up crypto because they are too risky, their capital loss ability is high. However, many people understand the business and make a profit from it.
One who has invested at the peak value of bitcoin cannot do anything to retain the loss that has been faced by them. In this regard having patience and keeping hold of the bitcoin as well getting into marginal trading is the only way. So, people who have the ability to risk can benefit, but at some circumstances it is too hard.
Thanks for your advice, but now there are quite a few people who give up crypto because they are too risky, their capital loss ability is high. However, many people understand the business and make a profit from it.
You should choose to invest in crypto that you find potentially more likely to grow in the near future and you should invest close to short to shorten the time it takes to convert capital.
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.
This is one of the mistakes of the people who are new in crypto having a point of view that crypto is a get rich quick scheme. The first thing they get to see are the HYIP in social media sites. They HYIP scheme is one of the factors that destroys the image of cryptocurrency because they are using it to attract more investors so that they can scam more people. They would implement an MLM scheme so that the more referrals you have, the more earnings but then after a weeks, they will be gone.
Well, others would learn from this by researching more about cryptocurrency on how to have legit earnings without the need to invest while others would just forget about crypto not wanting to get involved with it again.
Every one of the crypto would love to invest in this currency and most of the new investors came here from the stock market and bitcoin is the good way to keep your money for a good future now a days people are looking at the apparent value but it needs much time and money to become successful in one investment.
First of all, you should try to learn as much about cryptocurrencies as possible. You should check the coinmarketcap to see the movement, supply, and 24 hour volume of the major coins. And, after that you will know enough about the cryptos in general. That will help you in deciding. there is nothing like safe investing. All investment come with risk but the level of risk is what differentiates them.
I agreed with OP, as the beginner, you should choice long-term strategy aka holding, than start with day-trading, because beginners, who start with day-trading don't know how to filter info, what they getting from the different sites and in 90% they start guessing, and as result losing their money. Plus setting goals also important!
Icos used to be great but now must investors are not happy due to the prices of tokens falling below ICO prices on exchanges. So many investors are beginning to think twice about ICO investment. Maybe wait and buy cheap at exchange and hodl for long or engage in day trading and learn to become a great trader.
Investing in crypto is though risky, but if invested in the right coins, can be highly profit worthy.
Cryptos are highly volatile and some coins are just pump and dump coins. So it all depends on the priorities you have in mind and also about observation. One must always look through the coin's statistics and its market value and the successful projects the coins are undergoing before making their investments in the same.
If you do so, investing in the coin becomes like a calculated risk that one is taking.
Exactly! Risks are inherently part in the field of investment. It's best to diversify and do quality background check on the project or ICOs to ensure its potential in generating valuable profit. Furthermore, it's important to do research, read a lot related articles comprehensively, explore new innovative strategies, and be brave to face failures as these are all part of success and growth. Cryptos are highly volatile and some coins are just pump and dump coins. So it all depends on the priorities you have in mind and also about observation. One must always look through the coin's statistics and its market value and the successful projects the coins are undergoing before making their investments in the same.
If you do so, investing in the coin becomes like a calculated risk that one is taking.
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.
I even though, and technology in the world so much. The real problem with a good idea to become the right place at the market affect the market will bear in this day and technology o ore the future, right to invest in recent years ago. I even the e. Cause I support that the right to become one 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.
Investing in crypto is though risky, but if invested in the right coins, can be highly profit worthy.
Cryptos are highly volatile and some coins are just pump and dump coins. So it all depends on the priorities you have in mind and also about observation. One must always look through the coin's statistics and its market value and the successful projects the coins are undergoing before making their investments in the same.
If you do so, investing in the coin becomes like a calculated risk that one is taking.
Cryptos are highly volatile and some coins are just pump and dump coins. So it all depends on the priorities you have in mind and also about observation. One must always look through the coin's statistics and its market value and the successful projects the coins are undergoing before making their investments in the same.
If you do so, investing in the coin becomes like a calculated risk that one is taking.
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.
Cause we have a new comment your name and technology. I believe that bitcoin and technology. The first place. I do a new cryptocurrency, the best cryptocurrency. The first to invest, and the market will bear with me as well, and technology. I even its stabilized and the market 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.
I also like the saying, that says: many advisors would guarantee of success for your deals. So my point is to gather as many sources of information as you can, in questions of investing.
Yes investing in crypto is a pretty well good idea.Those who cant afford to invest in high investment can invest in crypto because it has more lower value of investment and people can invest easily.Through your investment it can also help contribute for the development of a certain community and get more improved technology.But investing in crypto is more risky because there are lots of fraud projects.Thats why it needs more research and studies before investing in crypto.
I would simoky advice to just buy a coin which has a stable price and also have been established for years. Since most coin that are newly introduced are just scams, the credibility and authenticity of the project is hard yo recognized. Im holding coins right now and buying even mote right noe since the price is at dip. Investing is risky be sure to just give ehat you can afford to lose.
Its very good post, educational, specific topic for crypto world, it nice to have this on this wall, we really need to have time to read this and understand, its a good reading materials, we can learn from it , and have additional information more about crypto currency investing. Just an additional input on the above treed, the TIMING, when to invest is something to consider. It is not just the amount involved but learning when is the right timing to invest, experts say, we should look into the " Fake break up and 21 EMA". this is worth reading and learning how it work....
Thank you for the detailed advise mate. Appreciate it. I guess bottom line is we have to invest only something that we can afford the risk of losing the money. Cryptocurrency is very volatile nowadays and we really have to be careful in choosing the coins that we put our hard-earn money. Again thank you. 
I appreciate all of your feedback on my post. The crypto community is growing and we have the job of educating newcomers. Hopefully, they will start here and build a solid foundation of learning.
Investing on crypto is not just putting your money and it will automatic grow in the market. It has involve a lot of effort, determined to earn in crypto industry. You have to search all throughout the best profit since this is very risks thing to do.
My advice in investing crypto, there are three major good reasons to invest in cryptocurrencies. First, because you want to hedge your net-worth against the fall of the Dollar imperium, which is assumed by many people to inevitably happen at some time. Second, because you support the social vision behind cryptocurrencies – that of a free and hard money for the whole world. Third, because you understand and like the technology.
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