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Topic: My Advice on Investing in Crypto - page 23. (Read 3267 times)

sr. member
Activity: 882
Merit: 282
May 18, 2018, 03:20:23 AM
#96
The investment in cryptocurrencies is a very risky investments platforms and we are not going to have it better than were we are today in trading.  What many traders did not know is that the market has it own mind and we should just think alone with the directions of any assets' directions and we would make money from them.
member
Activity: 756
Merit: 12
May 18, 2018, 03:12:34 AM
#95
Its great opinion. I am believe that if we want to make success on every investment we make, we should set target. Target will make us more analytic on market and more carefull. The most important thing is we should can relax with our investment
full member
Activity: 1134
Merit: 103
May 18, 2018, 12:58:23 AM
#94
For me it is a dumb thing to enter a market and start to trade without knowing a structural things about how it actualy operates, so patience and researches!
Even the most patient, knowledgeable and intelligent person in the world might go wrong with cryptocurrency.
Sometimes no amount of technical knowledge can help you to predict some of the market shifts - most ICO trading is like this.
Every ICO is promising amazing gains and ROI - in the past, even some highly famous project turned out to be 'not that good' (to say lightly).

I fully agree with this statement. In my opinion, you should start learning about crypto, visiting reliable sources and start your experience. Learn by doing is probably the very best option available, important is not to gamble too much with speculation.

In order to get awareness and experience you need spend time in learning because, in the beginning, it is very difficult to understand because crypto's completely based on the technology behind it. Yes, we have to divert our investment into different other good projects.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
May 18, 2018, 12:56:54 AM
#93
This is a very good explanation on crypto investing. Investing in crypto is very exciting, but should always be taken with caution. Crypto investments are highly volatile, which means one can make big gains and big losses. But what’s even more exciting than financial gain is the technology development. Blockchain is unleashing massive innovation, and the entire World is participating in this excitement. No one knows for sure what company will thrive in the future, but if you find a company with the right team and the right technology, then you are on right track to identifying a  good crypto investment.
 


The only reason why most of the traders are losing a huge amount of profit is that, they are not well knowledgeable about how the market work's but still they invest immediately because of the hype on social media's.

I agree, people who invest/trade because of hypes and without enough knowledge with the market will lose their money in a jiffy. Investing not only in crypto currency but all market requires knowledge. You need to know what you are getting into.
There is  a lot of money to be made in crypto currency you just need to be knowledgeable or at least patient and not a panic seller.
Great advice and that what should the people always remember, you need to know what you are trying to get into because if you don't know then you will just look foolish in the market and a lot of people will take advantage of your ignorance and they will use you in order for them to have a progress in the market.
full member
Activity: 364
Merit: 107
May 18, 2018, 12:40:20 AM
#92
This is a very good explanation on crypto investing. Investing in crypto is very exciting, but should always be taken with caution. Crypto investments are highly volatile, which means one can make big gains and big losses. But what’s even more exciting than financial gain is the technology development. Blockchain is unleashing massive innovation, and the entire World is participating in this excitement. No one knows for sure what company will thrive in the future, but if you find a company with the right team and the right technology, then you are on right track to identifying a  good crypto investment.
 


The only reason why most of the traders are losing a huge amount of profit is that, they are not well knowledgeable about how the market work's but still they invest immediately because of the hype on social media's.

I agree, people who invest/trade because of hypes and without enough knowledge with the market will lose their money in a jiffy. Investing not only in crypto currency but all market requires knowledge. You need to know what you are getting into.
There is  a lot of money to be made in crypto currency you just need to be knowledgeable or at least patient and not a panic seller.
full member
Activity: 378
Merit: 100
When Football meets Crypto
May 17, 2018, 11:33:05 PM
#91
This is a very good explanation on crypto investing. Investing in crypto is very exciting, but should always be taken with caution. Crypto investments are highly volatile, which means one can make big gains and big losses. But what’s even more exciting than financial gain is the technology development. Blockchain is unleashing massive innovation, and the entire World is participating in this excitement. No one knows for sure what company will thrive in the future, but if you find a company with the right team and the right technology, then you are on right track to identifying a  good crypto investment.
 


The only reason why most of the traders are losing a huge amount of profit is that, they are not well knowledgeable about how the market work's but still they invest immediately because of the hype on social media's.
sr. member
Activity: 434
Merit: 250
May 17, 2018, 10:52:16 PM
#90
Now-a-days cryptocurrency has become a priority for business sector.In this sector u can income more money without invest.Cryrpto give the chance to be a perfact financing. So my advice is first work is read about crypto then invest tenson free.
cryptocurrency is very close to the word investment. almost wholly here is an investment. we must be smart in making decisions for our investment. do not get caught in the wrong thing
full member
Activity: 434
Merit: 100
May 17, 2018, 10:48:48 PM
#89
I do not think I need to rush to invest in a particular crypto, the most important is to learn well, recognize the developer, the system, and also the technology, because I do not think we should invest into something that we have not really known. So digging as much information as possible and accurately is probably the most important key I personally think.
That is always the idea. Never rush to invest in anything but take your time, get to see how you can be a part of the system, know all that you need to know and then start making decisions based on that. For those who are learned in this environment, it is always easy for them to make certain decisions without getting screwed or bothered about what may be going on in the market as long as they are sure of what they are doing. Not being sure or ignorance is what has led so many people to panicking at the slightest volatility move the market makes.
While this is the correct advice at the same time the reason people do not listen to it is because they want to obtain profits with cryptocurrencies in a rapid way because they have heard from their friends that you can make very easy profits, so they get a distorted idea of what it means to invest in cryptocurrencies, even if the volatility is very high the same principles that apply to any other investment applies to cryptocurrencies.
member
Activity: 322
Merit: 10
May 17, 2018, 07:28:22 PM
#88
Now-a-days cryptocurrency has become a priority for business sector.In this sector u can income more money without invest.Cryrpto give the chance to be a perfact financing. So my advice is first work is read about crypto then invest tenson free.
No doubt bitcoin is at very high demand as most of people are now ready to get bitcoin with is making the price high, crypto currency specially the bitcoin is full of opportunities as it increase in price after every time and then most of people ending up with profit so same as those a lot of people I save bitcoin in wallet after you buy at very low price and hold with patience for the long time as now a say is my time to hold ad don’t sell at panic.
full member
Activity: 294
Merit: 100
May 17, 2018, 02:29:06 PM
#87
In my opinion, you should start learning about crypto by visiting reliable sources. Learn by doing and following right people.  
First watch and learn. Initially you will lose money but that should not distract you and make you afraid. Analyse the good projects and invest in them Trade less and HODL more.
Do not try to trade as it will burn holes in your pocket. Speculation in crypto is bad
member
Activity: 728
Merit: 63
$CYBERCASH METAVERSE
May 17, 2018, 01:15:31 PM
#86
Now-a-days cryptocurrency has become a priority for business sector.In this sector u can income more money without invest.Cryrpto give the chance to be a perfact financing. So my advice is first work is read about crypto then invest tenson free.
newbie
Activity: 210
Merit: 0
May 17, 2018, 01:03:51 PM
#85
My advice to people who are new to the cryto world who wants to invest in cryptocurrency is that before investing your money, invest yourself first in studying and learning about cryptocurrency, Bitcoin, and trading rules and tips so that by the time you already invested your money, you already know what to do and how to manage your money. Youtube and Google can really help. It's a long way to go, hope this would help. Good luck, traders!
hero member
Activity: 1190
Merit: 534
May 17, 2018, 12:38:56 PM
#84
A very helpful article, when it comes to crypto it is a wild market and hence there are multiple opportunities to gain handsome profit from the volatility. However, one should always take extreme precaution while trading in Crypto because it is a high-risk high reward game and one can lose his entire capital (like me as I have lost my entire capital multiple times in my initial days of trading). It is recommended not to invest more than the Lost bearing capacity of the investor. For me I am following the rule of Warren Buffett, he says " be fearful when others are greedy and be greedy when others are fearful". This rule is working for me and it really helps me while investing.
hero member
Activity: 1820
Merit: 515
★777Coin.com★ Fun BTC Casino
May 15, 2018, 12:19:29 PM
#83
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.
Invest you are willing to lose not to invest you can't willing to lose from a hard-earned profit, this should be the most fundamental basis for all of the investments not just to cryptocurrencies but in general but people tend to be swallowed by greed or rush, budget your part of your investments and savings, invest smarter then profit later great post by the way.
If something called as investment then it also comes with the risk factors,and in my opinion no one can become rich by hard working from 9am to 5 pm,if someone want to become a millionaire then smart investment is needed and need to take calculated risks and need to have backup plans.Don't be too greed need to have a margin of profit when it reached then we have to cashout.
full member
Activity: 378
Merit: 101
May 15, 2018, 11:47:51 AM
#82
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.
Invest you are willing to lose not to invest you can't willing to lose from a hard-earned profit, this should be the most fundamental basis for all of the investments not just to cryptocurrencies but in general but people tend to be swallowed by greed or rush, budget your part of your investments and savings, invest smarter then profit later great post by the way.
sr. member
Activity: 402
Merit: 250
May 15, 2018, 10:45:23 AM
#81
For me it is a dumb thing to enter a market and start to trade without knowing a structural things about how it actualy operates, so patience and researches!
Even the most patient, knowledgeable and intelligent person in the world might go wrong with cryptocurrency.
Sometimes no amount of technical knowledge can help you to predict some of the market shifts - most ICO trading is like this.
Every ICO is promising amazing gains and ROI - in the past, even some highly famous project turned out to be 'not that good' (to say lightly).

I fully agree with this statement. In my opinion, you should start learning about crypto, visiting reliable sources and start your experience. Learn by doing is probably the very best option available, important is not to gamble too much with speculation.
experience is one of the best teacher we could have. i support your idea that even the most knowledgeable and patient person in this world might commit mistakes in this field. although we are pretty sure that we risk money for this, there is no guarantee what will happen next in the market, so the best way to know is to try it.
newbie
Activity: 51
Merit: 0
May 15, 2018, 10:14:54 AM
#80
For me it is a dumb thing to enter a market and start to trade without knowing a structural things about how it actualy operates, so patience and researches!
Even the most patient, knowledgeable and intelligent person in the world might go wrong with cryptocurrency.
Sometimes no amount of technical knowledge can help you to predict some of the market shifts - most ICO trading is like this.
Every ICO is promising amazing gains and ROI - in the past, even some highly famous project turned out to be 'not that good' (to say lightly).

I fully agree with this statement. In my opinion, you should start learning about crypto, visiting reliable sources and start your experience. Learn by doing is probably the very best option available, important is not to gamble too much with speculation.
member
Activity: 117
Merit: 18
April 16, 2018, 03:44:20 PM
#79
Thank you all for your kind words.  I am trying to bring value to the community.  We all have a duty to educate the world on crypto!
legendary
Activity: 1386
Merit: 1045
April 15, 2018, 08:33:26 PM
#78
For me it is a dumb thing to enter a market and start to trade without knowing a structural things about how it actualy operates, so patience and researches!
Even the most patient, knowledgeable and intelligent person in the world might go wrong with cryptocurrency.
Sometimes no amount of technical knowledge can help you to predict some of the market shifts - most ICO trading is like this.
Every ICO is promising amazing gains and ROI - in the past, even some highly famous project turned out to be 'not that good' (to say lightly).
That's very true, but those who've seen these cycles before know what to look out for. There were ICOs being done since 2014-15 era. That's when it was undervalued. If every project with half a person technical team starts doing an ICO, you know the market is not sustainable no matter what, although the timing to predict its demise is harder. The market then over-reacts and allocates less money to interesting projects as well since everything is in a bear market and such is the sentiment. Rinse and repeat.

The point is, market cycles are caused by human psychology and that's more important to know than mere technical knowledge.
legendary
Activity: 1862
Merit: 1004
April 15, 2018, 08:24:09 AM
#77
For me it is a dumb thing to enter a market and start to trade without knowing a structural things about how it actualy operates, so patience and researches!
Even the most patient, knowledgeable and intelligent person in the world might go wrong with cryptocurrency.
Sometimes no amount of technical knowledge can help you to predict some of the market shifts - most ICO trading is like this.
Every ICO is promising amazing gains and ROI - in the past, even some highly famous project turned out to be 'not that good' (to say lightly).
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