You should consider IDO projects on decentralized exchanges as this will be a low-risk and quick way to get rich. Or only own tokens of these exchanges because normally those who want to participate in IDO are required to own staking tokens to join IDO. So these tokens will increase in price over time if more people want to join IDO. For example DUCK (DUCK DAO), GUM (GoumetGalaxy) ...
The next thing is to pay attention to NFT projects as this will be the mainstream this year and for many years to come. NFT is currently being applied to many entertainment industries and offers value to collectors. Typically projects have increased prices such as CHZ, SAND, ENJ, FLOW ...
Topic: The best investment advice for everyone this 2021 - page 4. (Read 1139 times)
Once you get an advice to others it will be optional if you use it or not. Making your own research is really helpful for us because you will decide on your own but remember without the helps of the others people you don't have any idea of what you do. Beginners is mostly relying to the old crypto investors or user because they need us and I hope once we give them an information or advice make sure it's correct.
I only buy cryptos that is listed on Binance. I don't need deep research into their project, I just take advantage of a moment from their news. I don't have to worry as long as I invest in crypto on Binance, I think I will make a big profit.
You nailed it, mate. I'd rather have to stick where I am comfortable with and stop wasting our time searching for a new one. DYOR, we simply do that before and when we finally found it, that will say enough but some never get it, they are too greedy and they keep looking where they can find satisfaction. And this might it leads to nothing.
I hope people will realize this thing and don't make themselves being a fool looking for another coz we already have Bitcoin and ETH, these are for a long-term investment, we have nothing to search for more I think.
I only buy cryptos that is listed on Binance. I don't need deep research into their project, I just take advantage of a moment from their news. I don't have to worry as long as I invest in crypto on Binance, I think I will make a big profit.
it's because you love binance.You assume that assets on Binance are bound to experience hype when updating. or are you just interested in a few airdrops currently on most BSC projects?
It's not that easy for you to choose an asset, I see it more at gambling if you choose an investment asset in that way.
You must also plan for the best possible investment time and affordability. it will help you to limit the greedy investment that you make.
the best investment this year seems to be BNB. many projects are interested in the new features that Binance is launching. the use of the current BSC has succeeded in attracting the market to continue growing the value of BNB.
Many platforms have been innovated, I believe that in the future BNB will have many products that support the growing crypto market.
i dont think this was the best investment advice for 2021 because we are now in 2021 and most of the forum users in here are already not noobs anymore so they atleast gained experience in trading or anything related to crypto and they know what they are talking about so why would you not believe on them ? you are in the right forum to get info in regards to crypto matters than you will get info in a non crypto forum but it wasnt all about the rank that you see because even a newbie rank user can sometimes search for info before he post a comment .
Do your own research
I dont think its smart to get crypto investment advice from forums most of us here dont know what we are saying and most of the advice you will get are going to be coming from other noobs just like you.
The Best advice i have is do your own research, if you dont understand it, dont invest in it, its better to miss out than to loose your money.
Remember investments are risky, so why trust other people's opinions to making investments that they aren't making with their own money?
Be smart
That's some good advice, don't be dumb money and don't follow the herd. I dont think its smart to get crypto investment advice from forums most of us here dont know what we are saying and most of the advice you will get are going to be coming from other noobs just like you.
The Best advice i have is do your own research, if you dont understand it, dont invest in it, its better to miss out than to loose your money.
Remember investments are risky, so why trust other people's opinions to making investments that they aren't making with their own money?
Be smart
the forum users are actually a good community to ask because they are already in crypto for years. they've heard everything here from scams to legit projects that turned scam. there is no other qualified community that will give you advice in crypto but the bitcointalk community. most of the advice you get if not so sure about investing in crypto is just buy BTC and hold.
if you can earn BTC instead of buying then earn it.
Remember investments are risky, so why trust other people's opinions to making investments that they aren't making with their own money?
This is probably the best recommendation I would give any new trader in the alt coin market. There is a lot of more risks involved in trading alt coins than just with holding bitcoins.
Doing your own research is definitely key in finding good opportunities and avoiding investing into bad ones. But without recommendations it is very hard to start your search for opportunities.
In my opinion it is alright to listen to recommendations here on the forum as long as we don't take everything on face value.
When you are doing your research, you need references. There are no better place than this forum to get individual and conflicting opinions about projects and coins. Most of the coin's individual pages and even their reddit subforum is biased towards the particular coin. Get things from news and rating sites, most of the posts talking about or rating a coin are paid entry. There are no such neutral venue for crypto discussion than bitcointalk forum.
Doing your own research and analyzing based on technical analysis are both important things and must be applied when you are interested in investing in the cryptocurrency market. with a high enough risk that is why many people here are giving their opinion. although completely you don't need to choose because now there are so many altcoins that have good beliefs. Doing research is actually not too difficult but technically analysis is a little difficult if we have never analyzed the market
Also it is necessary to check the news about coin before investing. The price of cryptocurrency depends too much from the news. It is necessary to check all the information about coin. I think that NEO will be promising in 2021. Here is information why I think so - https://dailycoin.com/neo/
NEO is called chinese Ethereum. It is actively used in China and there are a lot of applications on platform. NEO blockchain fast, cheap and has a lot of advantages. I think that NEO is a good choice to invest.
Do your own research
I dont think its smart to get crypto investment advice from forums most of us here dont know what we are saying and most of the advice you will get are going to be coming from other noobs just like you.
The Best advice i have is do your own research, if you dont understand it, dont invest in it, its better to miss out than to loose your money.
Remember investments are risky, so why trust other people's opinions to making investments that they aren't making with their own money?
Be smart
Don't be greedyI dont think its smart to get crypto investment advice from forums most of us here dont know what we are saying and most of the advice you will get are going to be coming from other noobs just like you.
The Best advice i have is do your own research, if you dont understand it, dont invest in it, its better to miss out than to loose your money.
Remember investments are risky, so why trust other people's opinions to making investments that they aren't making with their own money?
Be smart
Take profit once in a while, if you see 30% - 50% it's already a good return.
Don't put everything into one investment spreading your money will save you a one-time loss.
Ask questions to those who have a big portfolio, why? they know when and where to invest, this is the thing that others forget, they thought it will degrade your pride by asking to those who have established trader, its okay to accept that you don't know everything that you are just a beginner, and you needed help.
This is what I can add.
best advise is "do not invest in something that you do not understand"
you should get along with project that you plan to invest in, and then analyze best picks, and invest in those that you do understand, think that they have some real-world use case and could be a good pick to support your crypto portfolio, otherwise it is just gambling, not investment, and you will need luck, not advise
you should get along with project that you plan to invest in, and then analyze best picks, and invest in those that you do understand, think that they have some real-world use case and could be a good pick to support your crypto portfolio, otherwise it is just gambling, not investment, and you will need luck, not advise
well, i agree if people should learn before earn because this is the best idea for new people in any investments opportunity
first we must invest our time to learn, then we can earn by invest our money after we know how to be a good investors my friend
True, the main thing that new people should use is to have time to learn the things they need before they work as an investor or another, because this is the flow and method that is often used by previous people who have now felt their success in certain fields are included in the investment sector. first we must invest our time to learn, then we can earn by invest our money after we know how to be a good investors my friend
Just try to find PEAK on CMC
You're asking people's thought about that coin on your other thread.Any other thoughts about them? 
And that's likely you have already invest on that coin so if you're still asking thoughts of people on the other thread, you should have close it and you've done already what you have to do by asking people's thought about it.
Just try to find PEAK on CMC
Doing your own research and analyzing based on technical analysis are both important things and must be applied when you are interested in investing in the cryptocurrency market. with a high enough risk that is why many people here are giving their opinion. although completely you don't need to choose because now there are so many altcoins that have good beliefs. Doing research is actually not too difficult but technically analysis is a little difficult if we have never analyzed the market
The Best advice i have is do your own research, if you dont understand it, dont invest in it, its better to miss out than to loose your money.
That is why we have this forum to collect ideas from others but base on your statement, you are disclosing others to speak up and just ignore them. We need to become open-minded and we need to listen to others that are very important, and it's up to you to consider his/her opinion or not but not in a way that you are ignoring them and saying you are good at this and they are not.
I agree that doing research by yourself is much better than following other people's opinions which are not necessarily correct. Most of us are lazy
to learn to analyze coin price movements, and rely on the results of other people's analysis which are not necessarily accurate. Therefore,
I have encountered a lot of topics that ask about crypto trading groups, in order to get signals from other people. Even though this only makes us
lose more money, because now there are so many crypto trading groups that are scam. It is not forbidden to listen to other people's advice,
but it should not be made the final decision. Make the results of other people's analysis as a comparison only from the results of our own analysis
and research.
to learn to analyze coin price movements, and rely on the results of other people's analysis which are not necessarily accurate. Therefore,
I have encountered a lot of topics that ask about crypto trading groups, in order to get signals from other people. Even though this only makes us
lose more money, because now there are so many crypto trading groups that are scam. It is not forbidden to listen to other people's advice,
but it should not be made the final decision. Make the results of other people's analysis as a comparison only from the results of our own analysis
and research.
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I agree with @op 100 percent, this is the same thing I always tell people, it's better to do your own research than act on the opinion of other people, I've made this mistake a couple of times and it cost me much money which I don't know if I would ever recover, I have some shitcoins I bought because people on some forums were advicing me to buy it cus they think it will do well on the market, today, I can't even sell those coins cus no one is interested in buying, and the project itself is abadoned and dead.
I've really leant my lesson never to follow the opinion of other people when making investments decisions.
I've really leant my lesson never to follow the opinion of other people when making investments decisions.
Do your own research
I dont think its smart to get crypto investment advice from forums most of us here dont know what we are saying and most of the advice you will get are going to be coming from other noobs just like you.
The Best advice i have is do your own research, if you dont understand it, dont invest in it, its better to miss out than to loose your money.
Remember investments are risky, so why trust other people's opinions to making investments that they aren't making with their own money?
Be smart
I dont think its smart to get crypto investment advice from forums most of us here dont know what we are saying and most of the advice you will get are going to be coming from other noobs just like you.
The Best advice i have is do your own research, if you dont understand it, dont invest in it, its better to miss out than to loose your money.
Remember investments are risky, so why trust other people's opinions to making investments that they aren't making with their own money?
Be smart
Overall, I completely agree with you and doing your own research is the most important part of the preparation!!!
However, this research also includes the collection of opinions from people who are in this field before you, or more precisely the people in this forum (as you said, we need to judge who are newbie and who are more experienced in the crypto world). I think this forum is one of the biggest places where you can get an opinion on this topic, so the questions are not such a "stupid" idea.
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