Topic: My Advice on Investing in Crypto - page 25. (Read 3296 times)

Most especially when you are investing long term. I would say the best thing to do is always to have patience and never to get greedy just as you have said it. If we take a good example of what happened last year, that should not have been warranted, but due to the fact that some people fell for the FOMO out of greed, they are wallowing in self-pity now.

For the fact that some due to the reason of they could not even understand their investment, they instead panicked and sold out at loss, or feel they are doomed already. It is a long term investment and I wonder why people are looking at the short term.

My advice when investing in the cryptocurrency market is that you have to find out thoroughly about the project you want to invest. Do you have to predict that the project has potential in the future? Or what team has developed that project (such as the origin of the founding team), .. You learn as many aspects as possible. These are the criteria that will help you succeed.

Why Invest in Cryptocurrencies And Why Not?

In my opinion there're some 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 a new technology.

However, there are also very bad reasons to invest in cryptocurrencies. Many people fall victim to the hype surrounding every cryptocurrency-bubble. There is always somebody captured by FOMO (fear of missing out), buying massively in at the peak of a bubble, just in hope to make quick money, while not understanding cryptocurrencies at all. That’s a bad reason. Don’t do this. Learn before you invest and be aware that cryptocurrencies can be very risky.

What Cryptocurrencies Should I buy? Building your Portfolio.

The former only crypto has been Bitcoin. Up until late 2016 Bitcoin was the cryptocurrency, and there was not much besides it. If you wanted to invest in the success of cryptocurrencies, you bought Bitcoin. Period. Other cryptocurrencies – called “Altcoins” – have just been penny stocks on shady online-markets, mostly used to keep miner’s GPUs working, pump the price and dump the coins.

However, this has changed. While Bitcoin is still the dominant cryptocurrency, in 2017 it’s share of the whole crypto-market has rapidly fallen from 90 to around 40 percent. Many people saw this coming as a result of the growing popularity of Ethereum and the ongoing self-tearing of the Bitcoin community over the block size issue. This again shows that it is important to keep your eyes open and listen to what the communities say.

If you want to invest in cryptocurrencies, Bitcoin is still a standard item of every portfolio – but it is no longer the onliest asset. In every well-balanced crypto-portfolio today you should have 7-10 cryptos to Reduce Risk.


   

Not all are good to invest in ICO because other Crypto from the ICO are going down and stay in the lower value.
For me it's better to invest in bitcoin and other altcoins that had a great potential and hold it for long term.

Investing in crypto can be as great as it happens overnight,as well as if there is a lose,then it'll have to go by the way.I'm talking about Btc in all cryptos.The price of Btc is now less,so invested in the right time.

Impressie post. The main advices for all beginners - don't use all your money and don't take a credits. You should invest not more than you afraid to lost.

This is a useful article. The new investors need to read and build some plans for themself when starting to invest

The most valuable thing you should have before investing - patience, it decides a lot because sometimes we should overcome our greed.

A person invested in 2013 and sold his Bitcoins in 2017 earned a lot from his investment made him billionaire that gives us an example to choose Bitcoin for long term investment will result in a huge outcome. Besides this one example there are a lot of examples that encourages us and attracts us to come to the crypto world and especially towards Bitcoin.

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.

For many investors who started investing this year, cryptocurrencies have become a tool to create poverty, not wealth.

Security is dependent on the person who is holding bitcoin.If we talk about the bitcoin and blockchain technology, these really are secure but in the cyber world, the weakest links are humans. Scammers are not expert at breaking into the system, they are expert at fooling people around and getting credentials out of their mouth without compelling them. With little care, such threats can be avoided.

Virtual currencies is the future of the world just like smart homes and cities are the future of the societies. Virtual currencies are mandatory for making us feel living in a global village. People are in favor of using one currency along with their own national currencies for making travelling easy to other countries. Those who are investing into crypto currencies will be the new millionaires in coming decade.

Right decision of investing in crypto.The interesting thing about the crypto world is that many profits in low investment.Because everyone understands profits and is getting less investment.After all when prices are low,my advice will be to invest in crypt

yes,Sir.Your advice very Good.Crypto market now down People invest crypto currency it's great time.Some year Hold and 10x you returns.

This could also apply to stock and forex investing/trading. We first need to understand what we are getting ourselves into before we actually place our bets. 

Invest in crypto is good because crypto will grow in the future. Many transactions will coming up use crypto.
Invest crypto hold for long term at least 5-10 years to earn some more profit. Learn for market is important thing to know the graphic of crypto.

There are how many people see and are motivated by what you give in this thread. I really like everything and catch my attention, deserve samples and do what people want to do in the crypto world.

Your massive submission in clear terms is very comprehensive and appreciative because it gives a clear concept of adopting and investing into Cryptos strategy and rationality. However, I feel oblige to also cheap in that RISK in its own agony must also be given due consideration when trading or investing into any Cryptos because of the volatility they are wearing. In other word, apart from taking up any cryptos that commensurate with your age and stage of life, you should not invest what you feel you can not afford to loose  

my advice is to invest in stocks to use Fundamental and Technical Analysis in deciding which crypto to buy. And actually many people who use the analysis tool to do the valuation of a crypto. For me personally, this method is irrelevant, because the shares are released by companies that have IPO, and the logic of companies that have successfully IPO is a company that has mature and stable, both in income and management.