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Topic: Never invest in any cryptocurrencies! - page 7. (Read 17751 times)

hero member
Activity: 672
Merit: 500
August 18, 2020, 10:52:54 AM
it also happened a lot during the ICO period in 2017-2018, many new investors were completely zero knowledge but dared to invest in crypto. people who rely solely on luck in the investment sector are no different from gambling that rely on luck equally. if people are willing to learn to understand the conditions of the crypto market, learn about the project that the token / altcoin is going to buy, and especially about the price volatility, maybe this can minimize losses. in the crypto world there is no instant money investment.
newbie
Activity: 23
Merit: 0
August 18, 2020, 09:36:35 AM
never ?, are you sure?, look at the cryptocurrency market now and compare it with the stock market,
the conclusion is you will regret, if you dont invest in cryptocurrencies!
not really. If you invest predictably and without the support of clear information on new coins, I would be better off holding my assets than investing. however, in the crypto world, we cannot be in a hurry and invest in altcoins randomly. however, we need to choose it so that there is no loss. besides, everything requires patience, because this is not something that can make you rich quick as the author of this thread said.


exactly, but you also need to define "quick" this can mean 1 day for me Smiley few hours for someone else, to maximize profit there are many factors some are controllable and some are not, these factors are not only responsible of maximizing your profit but also to minimize the risk (both risk of loss and risk of getting poor quick Cheesy )

1. timing
2. luck
3. coin you choose
4. knowledge about trading in general and in crypto specifically
5. budget

remind me if I forgot something, but these are the main factors in my mind.
hero member
Activity: 1736
Merit: 731
Catalog Websites
August 18, 2020, 03:08:06 AM
never ?, are you sure?, look at the cryptocurrency market now and compare it with the stock market,
the conclusion is you will regret, if you dont invest in cryptocurrencies!
not really. If you invest predictably and without the support of clear information on new coins, I would be better off holding my assets than investing. however, in the crypto world, we cannot be in a hurry and invest in altcoins randomly. however, we need to choose it so that there is no loss. besides, everything requires patience, because this is not something that can make you rich quick as the author of this thread said.
full member
Activity: 515
Merit: 101
August 18, 2020, 01:15:06 AM
Yeah they should treat crypto as another form of money, a digital money. But in crypto we have more opportunity to earn. Yes, in traditional money we can also earn by trading our national money thru forex exchanges but the movement of their prices is pretty stable unlike in crypto we can witness a huge increase, that is the opportunity everyone is waiting, you are correct it is not a get rich quick scheme it will not happen in just 1 day it needs time and patience.
That's true. The cryptocurrency market provides a faster way to increase your capital over a night. The reason is that the cryptocurrency market is volatile more than all other markets. However, in order to make sure that you will earn money instead of loose money, you have to equip yourself with proper knowledge, skills, and experience in this market. Some people are frustrated about this market because they think it's easy to earn money in this market, but in the end, they lost their capital.
hero member
Activity: 2464
Merit: 594
Bitcoin Casino Est. 2013
August 17, 2020, 09:52:28 PM
never ?, are you sure?, look at the cryptocurrency market now and compare it with the stock market,
the conclusion is you will regret, if you dont invest in cryptocurrencies!
He just told you not to invest in crypto if you have a habit and you expect to get rich quickly. Because there really is no such thing, if that is how a person thinks, nothing will really happen. Must first study and find out what to know. Also, crypto is not just about investments. We must also know what and how it is used to be useful in this industry.
newbie
Activity: 3
Merit: 0
August 17, 2020, 11:18:15 AM
I believe that whosoever desires to make it in crypto must know which area is the best to participate in crypto so as not keep going in cycle without making any progress.Knowledge is very paramount in achieving any good thing from crypto.One must be willing to ask questions and be ready to take risks as well because nothing good comes cheaply.
member
Activity: 1078
Merit: 21
COMBONetworkio
August 17, 2020, 10:19:08 AM
never ?, are you sure?, look at the cryptocurrency market now and compare it with the stock market,
the conclusion is you will regret, if you dont invest in cryptocurrencies!
sr. member
Activity: 1204
Merit: 272
1xbit.com
August 17, 2020, 08:33:34 AM
it is their choice, if I suggest investing not with just one coin, do it with some of the top coins which have further price developments and the team is always updating the project. I think this minimizes your investment loss a little.

It's better to don't think about ICOs/tokens.
As there are some legit tokens but most of them are fake/fraud.
If you invest in those then no one can stop you from getting losses.

Yes i agree with you on your statement that, money can be invested on the top cryptos, but tbh it will only give less profit and that's too in a longer period of time.
But less profit is still better than losses.
So i would also say that to invest in stable coins whose price doesn't fluctuate a lot.

Hope this helps Op .
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
August 17, 2020, 08:09:33 AM
There is no denying that many many people, not just the beginners, will participate in crypto just for the sole purpose of multiplying its assets further, in an attempt to "get rich quick". This is a reality that we need to accept and at this point we just need to prevent ourselves from experiencing the mistakes of these beginners.  For us to multiply our investments, we need to research and research and  learn the ropes of the business. I will call it business because that is what it is, we invest and we profit.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
August 17, 2020, 07:55:48 AM
Cryptocurrency is the future currency of entire world, So we must try this crypto investment because it will useful to survive on anywhere. This statement is totally against in crypto platform so If you don't now the efficient of cryptocurrencies, you can consult your queries. It have various sectors so before to enter we must plan our perfect suitable manner then try it

Like what you said, crypto is the future currency,  so for me its really ok to invest or to participate in any projects but you should ready enough to take the risk. New comers in crypto are afraid to invest because they have insufficient knowledge on the trend of cryptocurrency.

yes, but unless they lose money learning how to invest, we won't earn money with this knowledge, and if everyone knows when to buy when to sell, and they take the same decision in the same time, who will be earning??
this is balanced market because of this variety of users.
Just hope they will never fall into the scam trap again but so many times people were still falling into the same trap again. There will always be the losers and winners in the crypto currency and this can't be avoided. This is how the crypto works without any intervention.
copper member
Activity: 1120
Merit: 2
August 17, 2020, 06:21:28 AM
The cryptocurrency world has the highest risk.However, if the project is good, then it is possible to make a profit.In this case, you must think carefully before investing.Before investing for that, the invested capital can be invested by dividing it into 3 parts.A share for a long time.For a B share running trade.And to C share repurchase when a share price falls.
newbie
Activity: 21
Merit: 0
August 17, 2020, 03:38:47 AM
Cryptocurrency is the future currency of entire world, So we must try this crypto investment because it will useful to survive on anywhere. This statement is totally against in crypto platform so If you don't now the efficient of cryptocurrencies, you can consult your queries. It have various sectors so before to enter we must plan our perfect suitable manner then try it

Like what you said, crypto is the future currency,  so for me its really ok to invest or to participate in any projects but you should ready enough to take the risk. New comers in crypto are afraid to invest because they have insufficient knowledge on the trend of cryptocurrency.

yes, but unless they lose money learning how to invest, we won't earn money with this knowledge, and if everyone knows when to buy when to sell, and they take the same decision in the same time, who will be earning??
this is balanced market because of this variety of users.
member
Activity: 457
Merit: 11
Chainjoes.com
August 15, 2020, 04:08:34 PM
Cryptocurrency is the future currency of entire world, So we must try this crypto investment because it will useful to survive on anywhere. This statement is totally against in crypto platform so If you don't now the efficient of cryptocurrencies, you can consult your queries. It have various sectors so before to enter we must plan our perfect suitable manner then try it

Like what you said, crypto is the future currency,  so for me its really ok to invest or to participate in any projects but you should ready enough to take the risk. New comers in crypto are afraid to invest because they have insufficient knowledge on the trend of cryptocurrency.
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
August 15, 2020, 02:01:24 PM
I think most people approach crypto in the wrong way. With "get rich quick" approach.

If you come to crypto with such an attitude, you should never ever invest.

On the other hand, if you actually had to earn it while doing whatever you are usually doing anyway, that involves money?

Examples:
You get crypto as a token of gratitude after making donation to some project. (crowdfunding)
or
You are paid crypto as a bonus to your salary.
or
... (any other examples come to your mind?)

Wouldn't the whole cryptoworld be way more healthy? What do you think about it?


Cryptocurrencies is jjust a form of money so either you need to earn it or buy it that is the only two options to have them.As you said we an earn them in the form of salary or just buy them from your salary, don't involve in the new tokens because they are just giving fake words and never going to exists here for years like some coins did.Cryptos are giving opportunities for the people to earn but people becomes too greedy when they see more opportunities but they forget about the risk factor.
full member
Activity: 1400
Merit: 103
August 15, 2020, 11:21:39 AM
In cryptocurrencies, there has always been and still is an opportunity to ride the wave of HYIP. At the moment it is DeFi, in 2017 it was ICO. But at the same time, you should not get emotionally attached to either coins or projects - this is just a tool for making a profit.
Well, don't expect to invest in them long term because the hype lasts only a short time. Then these trends will collapse and become scams, take advantage of these opportunities to make as much profit as possible, and if you want to invest safely, choose the top projects in the market
At the time of the origin of DeFi, I did not have time to delve into the essence and specifics. Now as they say "the train is gone" so I will probably spend more time preparing for the altcoin season.
full member
Activity: 756
Merit: 100
August 15, 2020, 11:19:39 AM
If you only choose coins in top 10-20 then I think it's not too big risk that we will face. Indeed, investing in Crypto is a very high risk if you choose Hype coins, which have a pump and dump. Some beginners like hype coins, because they think it will be easy to get profit.
Top coins are always risk and low profits. You earn huge profits from some top coins. Ok, only from a two year history, Binance coin then Litecoin, Vechain and now Ethereum. All these coins made a good announcement and development, so we got the results. If new investors don't want to take hype coins, then my suggestion is to wait for the next coins development.
newbie
Activity: 21
Merit: 1
August 15, 2020, 08:53:34 AM
Every work every business neet time and patience if you think that crypto is one day game or quick rich game then it is absolutely wrong and you are losing everything. thanks for the post I agree with your arguments.


it is impossible of course to be in days, but even weeks are not possible to get rich quick unless you are super lucky, it is not about the right time in the year, it is about buying in the best time in the history of bitcoin Cheesy can you imagine how much of good luck you need for that??

but to get rich or enough profit to not need to work and keep your work on pcs only comfort in your home you are in the right place.
full member
Activity: 1274
Merit: 100
August 15, 2020, 02:51:41 AM
Every work every business neet time and patience if you think that crypto is one day game or quick rich game then it is absolutely wrong and you are losing everything. thanks for the post I agree with your arguments.
member
Activity: 665
Merit: 10
SOL.BIOKRIPT.COM
August 15, 2020, 02:41:16 AM
It seems to me that some people are still thinking about the losses incurred by investing in 2017 and they think that such a time is going to happen in 2020. The crypto market can change its shape at any time so before investing transform yourself into a knowledge force that you can pick good currencies and you will be superior for research.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
August 15, 2020, 02:21:07 AM
I think many new investors don't even know what actually crypto is and how it worked. They just came here to make a lot of money with little investments. Actually first time I also came here to earn some money but now I realized it's bigger than that. I have learned so much and still learning and now I think I won't quite crypto anytime. Crypto can be a source of knowledge besides earning money.
some people also only hear stories from other people who have tried it first, such as success in crypto, and also failures from crypto and then conclude it before trying it themselves. however, there is always a risk in this. I personally feel that the risks and rewards are worth it. because it all depends on the crypto you choose.
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