Therefore, it is important for someone who invests in a crypto currency project to know the reasons why he is investing in that project, and to know the advantages and disadvantages of the project he is investing in because that will be his capital to consider the risk profile of a crypto investor or altcoin.
now I personally invest in crypto with 70% of my assets in bitcoin and 25% in altcoins which I have analyzed in my own way, and 5% of the remaining I have today, to gamble on shitcoins like memecoin for example. LOL
Topic: The power of investment choices - page 2. (Read 1272 times)
Well, in my point of view, investment choice is still part of the investment plan. Investment plan is not as simple as how much money we want to invest, it's also include how we enter the market, how do we diversify our portfolio, and also the choice of our investment assets. Investment plan is enough if the investment plan is complete and comprehensive
In investing, what a trader/investor must fix first is the investment plan, mindset and knowledge. because these three things are interrelated without an investment plan and do not work as they should, the wrong mindset will also be a problem in the future as well as knowledge. So it is true that if we invest intelligently, we must explore it completely and thoroughly.Always stick to this. Remember, there are risks to everything, and the risks are big. So, you need enough knowledge to dive into the world of crypto.
What you've said is true, The best way to learn and to gain more knowledge and strategies is by the help of your own experiences. the mistakes that happened in your life will help you a lot so that you can improve yourself and enhance your own abilities. Don't look at that failure as a defeat, but think of it as a reward or challenge given in your life so that you can persevere even more in the paths you will follow, and even the rich people in the business and investment industry experienced a severe fall in life but where are they now? they used the bad things that happened to them as inspiration in life and now all the decisions they made paid off even though it was difficult at the beginning.
Well, in my point of view, investment choice is still part of the investment plan. Investment plan is not as simple as how much money we want to invest, it's also include how we enter the market, how do we diversify our portfolio, and also the choice of our investment assets. Investment plan is enough if the investment plan is complete and comprehensive
In investing, what a trader/investor must fix first is the investment plan, mindset and knowledge. because these three things are interrelated without an investment plan and do not work as they should, the wrong mindset will also be a problem in the future as well as knowledge. So it is true that if we invest intelligently, we must explore it completely and thoroughly.Always stick to this. Remember, there are risks to everything, and the risks are big. So, you need enough knowledge to dive into the world of crypto.
You're wrong if you think Bitcoin is a stable crypto. Bitcoin has a high volatility, it is not so different with altcoins. But Bitcoin is more established than altcoins, it has everything to survive a long time in crypto industry. However, it doesn't mean altcoins are bad options for investment. The top altcoins are also recommended for investment. They have good fundamentals and have clear future. I invest in the top altcoins both for short and long term investment.
You are making a good decision by investing in top altcoins, because top coins always expect good returns, but along with top coins one should always add some new projects which have good potential. New coins often play a very important role in giving people high profits in the bull season. Bitcoin is less volatile than altcoin, often it can suddenly fall more due to bad news or suddenly rise due to good news, but in normal condition it is always trading with low volatility. Other cryptocurrencies cannot be compared to Bitcoin, because Bitcoin is more secure and profitable than all cryptocurrencies in every respect. Investments can be made in altcoins, but the risk of loss is always high,because no coin is safe enough to hold on to for long. So I consider Bitcoin as a good long-term investment.
It's not enough having an investment plan, knowing the right choice to make for every investment defines the investor better. Take for example jumping on every new coin we find on reputable exchange might not be enough guarantee that coin will do well in the future.
Some coin might have good Supply but low liquidity, some might have high market capitalisation but very poor volatility. Although it's hard to predict the accuracy of a coin performance in the near future this why it is always advised to stick to the known which is BTC.
Another option is to spread ones portfolio amongst different coins but ensuring the have a greater percentage in projects with a visible future. It is better to win small and lose less than lose more and win less
this is the reason why you actually only have to invest in bitcoin, even though the majority of altcoins are still cheap, altcoins are centralized assets, while bitcoin is a decentralized asset, wise people will definitely only choose bitcoin as their investment, besides that the liquidity and price volatility will be very high affect the profits from the investment made. The very important thing that always saves investors from losses is that wise investors will not easily suffer from FOMO and FUD, they have good fundamental analysis and Bitcoin is usually the choice of smart investors, not altcoin.Some coin might have good Supply but low liquidity, some might have high market capitalisation but very poor volatility. Although it's hard to predict the accuracy of a coin performance in the near future this why it is always advised to stick to the known which is BTC.
Another option is to spread ones portfolio amongst different coins but ensuring the have a greater percentage in projects with a visible future. It is better to win small and lose less than lose more and win less
I think when it comes to investment, we will talk about profits, many people will not care about whether it is decentralized or centralized. Bitcoin is decentralized and safer to hold long term but that does not mean it will bring us greater profits. I'm not saying that investing in altcoins is good but I also don't want to deny that, today some altcoins are giving better returns than bitcoin and their risks are also higher. Therefore, depending on the taste of each investor, there is a suitable choice.
The best choice is when your investment offers the highest returns. I invest mainly in bitcoin but I still respect those who make huge profits from altcoins. How can we say they are stupid when they make more profit than us?
If you have little amount of money then don't think that now its an end of your investment but you can start from anywhere for example you can use just 10$ for altcoins investment but not in any type of altcoin but research about it and then decide to put your money for the purpose of money growth. If you become wealthy due to altcoin investment then surely your dream of bitcoin investment will come true.
Of course, investing can be started from anywhere, but it is not meant to start investing with just $10.It is difficult for you to get profit from such a small amount, because to get a good profit you also need good capital. It is never our intention to just join investors even if we have 10 dollar tokens. Every business has its own requirements and you have to invest according to the needs of that business.If one wants to invest in gold, then he can never become a successful investor by buying 10 dollar gold, rather buying gold requires good amount of money, and only then you can get good profit in future. Similarly, investing in real estate also requires a good amount of money.so here we cannot consider the cryptocurrency market so much less than both of them, that we can expect good returns by investing a very small amount here.
When someone wants to get into the cryptocurrency market and start their journey in it, I would always suggest that they start with a very small amount initially so that they stay safe, and even if the first few trades they make don't work out, they don't lose a lot of money and they also gain some experience from that.
It's not enough having an investment plan, knowing the right choice to make for every investment defines the investor better. Take for example jumping on every new coin we find on reputable exchange might not be enough guarantee that coin will do well in the future.
The most important thing a person should learn before beginning to invest is how to plan ahead of time and make better decisions. They must also be aware of the type of coins in which they wish to invest, as opposed to coins that no longer exist. Because it is common for people to invest in coins that have already perished, it is better for us to invest so that our future will be brighter..Quote
Some coin might have good Supply but low liquidity, some might have high market capitalisation but very poor volatility. Although it's hard to predict the accuracy of a coin performance in the near future this why it is always advised to stick to the known which is BTC.
There are many ways to invest and must be smart. First, you need to fully understand what you are investing in, no doubt Bitcoin is the best but Altcoins could be a source of good investment as well if prioritized and watched. Bitcoin is the only stable Crypto I know and when playing with Altcoin it needs to be on short-term basis as many are not decentralized or fully decentralized as claimed.
Of course, we must invest in a smart way. This surely requires good knowledge and deep understanding about what we are investing in. Have a proper learning and got some experience related to the investment should be very recommended. It will bring a positive influence to our capability in the investment. When we have good knowledge, we can be wiser and more careful in making any decisions related to the investment.You're wrong if you think Bitcoin is a stable crypto. Bitcoin has a high volatility, it is not so different with altcoins. But Bitcoin is more established than altcoins, it has everything to survive a long time in crypto industry. However, it doesn't mean altcoins are bad options for investment. The top altcoins are also recommended for investment. They have good fundamentals and have clear future. I invest in the top altcoins both for short and long term investment.
It's not enough having an investment plan, knowing the right choice to make for every investment defines the investor better. Take for example jumping on every new coin we find on reputable exchange might not be enough guarantee that coin will do well in the future.
Some coin might have good Supply but low liquidity, some might have high market capitalisation but very poor volatility. Although it's hard to predict the accuracy of a coin performance in the near future this why it is always advised to stick to the known which is BTC.
Another option is to spread ones portfolio amongst different coins but ensuring the have a greater percentage in projects with a visible future. It is better to win small and lose less than lose more and win less
Between investing and savings, there's advantages and disadvantages. Now there's an amount of money with you, what would you rather do with it? Will you put it in a business that has the possibility of multiplying and yielding more returns or you'd rather lock them up somewhere where if opened next time will still remain at same value or even less.investing will a always be for picks because everyone wants to see their money double. Some coin might have good Supply but low liquidity, some might have high market capitalisation but very poor volatility. Although it's hard to predict the accuracy of a coin performance in the near future this why it is always advised to stick to the known which is BTC.
Another option is to spread ones portfolio amongst different coins but ensuring the have a greater percentage in projects with a visible future. It is better to win small and lose less than lose more and win less
The issue with investments is fear of a break or fall out. What if the investment doesn't grow, what if it gets halted and depreciates what if losses are incurred, then the money which you'd have saved would be wasted just like that. It’s is better to try than not try all because the “ had I known “ pain usually hits different. Besides all these issues, it's still the best option to settle for. Even if losses may be incurred, there's an assurance of a greater profit and yield too.
The crypto market is actually full of investment choices, and that's how varied and unpredictable these choices are. Some may experience short term profits while others end up losing from their choices. But one thing is certain, with bitcoin, long term profits is always possible if you know when to buy and when to sell. The basic rule buy low and sell high might be underrated but you know what, this is the easiest yet so powerful strategy in the crypto market.
However, a lot of newbies fail to understand that and instead focus on altcoins and go all in investment. When they start losing, that's when they realized that bitcoin is the perfect choice, and altcoins are just too good to be true that turn into scams.
However, a lot of newbies fail to understand that and instead focus on altcoins and go all in investment. When they start losing, that's when they realized that bitcoin is the perfect choice, and altcoins are just too good to be true that turn into scams.
Any investment requires some good research before putting in your money. Alt coins requires even more extensive research and analysis like you noted. New alt coins pop up every now and then and as quickly as they appear, a lot of them go downhill and disappear as quickly and quietly as they appeared.
Investing in altcoins not only requires rigorous research and analysis, but investing in altcoins also requires strong mental and psychological abilities. Because as you said new altcoins always appear if we enter at the right time of course this will be an advantage for us and conversely if we are stuck at an expensive price when it goes down then the altcoin will have difficulty reaching the new price again. Investing in altcoins can be said to be like gambling, you can make money quickly and it can make you bankrupt depending on how you take advantage of the momentum. However, what is clear is that altcoin investment is not worthy of long-term investment.Quote
It’s safer investing in bitcoin as it has withstood the test of time. Although some alt coins have proven to make a good return on investment, hence the need for extensive research.
Diversification wouldn’t hurt as it’s much better to spread out your investments.
Yes that's right. The wisest investment choice is of course in bitcoin because it has been proven for a decade that it is still going strong, even the price is getting higher, and of course investing in bitcoin doesn't need rigorous research, we just need knowledge of a safe storage wallet and holding it in the long term. Diversification wouldn’t hurt as it’s much better to spread out your investments.
Price corrections are always possible, this can happen at any time even when positive sentiment is present. The price is still very likely to correct before the halving in 2024, but of course that is something that should be considered normal in this uncontrolled market. The new year is coming and there may be some FUD or chaos that causes bitcoin prices to correct, but I wouldn't be surprised if bitcoin prices actually soar due to the influence of spot bitcoin ETFs that are increasingly likely to be approved.
Avoid panic if you want to get decent returns in 2024, meaning stick to your original strategy and accumulate as much as you can. Don't worry about volatility, you should consider every correction as an opportunity or chance to do DCA and do accumulate.
Avoid panic if you want to get decent returns in 2024, meaning stick to your original strategy and accumulate as much as you can. Don't worry about volatility, you should consider every correction as an opportunity or chance to do DCA and do accumulate.
Market behavior will continue to be at an uncertain stage and that is why speculative assets will be much more difficult to predict and until now no one can be sure.
Maybe we will see the effect of increasingly approved spot bitcoin ETFs, but I don't want to think too far and even if that happens later, because the most important thing is how we can collect bitcoin at any time, so that at the next ATH we are on the road to making a profit big.
Panic must be avoided and this is something that needs to be learned, meaning that people will avoid panic if they know how Bitcoin is going at any time in the market.
I have considered the DCA pattern and never thought of carrying out accumulation only during the correction process, because actually DCA can be done at any time if one wants.
It's not enough having an investment plan, knowing the right choice to make for every investment defines the investor better. Take for example jumping on every new coin we find on reputable exchange might not be enough guarantee that coin will do well in the future.
And we also often hear about bull traps or bear traps where these conditions are used to manipulate the market, whales are often seen selling their assets at high prices and then selling them again so that a correction occurs due to their selling action, which is a sign that they will return to the market again to look for lower prices.
So. Don't be surprised or think pessimistically if you see market conditions like before and one more thing you need to pay attention to is also choose the best position with lower risk for maximum profits in the long term and if you already have assets, keep holding onto your bitcoin or altcoin.
If you have little amount of money then don't think that now its an end of your investment but you can start from anywhere for example you can use just 10$ for altcoins investment but not in any type of altcoin but research about it and then decide to put your money for the purpose of money growth. If you become wealthy due to altcoin investment then surely your dream of bitcoin investment will come true.
Of course, investing can be started from anywhere, but it is not meant to start investing with just $10.It is difficult for you to get profit from such a small amount, because to get a good profit you also need good capital. It is never our intention to just join investors even if we have 10 dollar tokens. Every business has its own requirements and you have to invest according to the needs of that business.
If one wants to invest in gold, then he can never become a successful investor by buying 10 dollar gold, rather buying gold requires good amount of money, and only then you can get good profit in future. Similarly, investing in real estate also requires a good amount of money.so here we cannot consider the cryptocurrency market so much less than both of them, that we can expect good returns by investing a very small amount here.
However, an investor will need to do extensive research before they decide on the altcoins they want to invest their money in because the market is highly saturated and one might lose their investments if they choose the wrong coins. That's why, one should choose their assets carefully to avoid problems.
Any investment requires some good research before putting in your money. Alt coins requires even more extensive research and analysis like you noted. New alt coins pop up every now and then and as quickly as they appear, a lot of them go downhill and disappear as quickly and quietly as they appeared.
It’s safer investing in bitcoin as it has withstood the test of time. Although some alt coins have proven to make a good return on investment, hence the need for extensive research.
Diversification wouldn’t hurt as it’s much better to spread out your investments.
It's not enough having an investment plan, knowing the right choice to make for every investment defines the investor better. Take for example jumping on every new coin we find on reputable exchange might not be enough guarantee that coin will do well in the future.
There are many ways to invest and must be smart. First, you need to fully understand what you are investing in, no doubt Bitcoin is the best but Altcoins could be a source of good investment as well if prioritized and watched. Bitcoin is the only stable Crypto I know and when playing with Altcoin it needs to be on short-term basis as many are not decentralized or fully decentralized as claimed.
It's not enough having an investment plan, knowing the right choice to make for every investment defines the investor better. Take for example jumping on every new coin we find on reputable exchange might not be enough guarantee that coin will do well in the future.
Some coin might have good Supply but low liquidity, some might have high market capitalisation but very poor volatility. Although it's hard to predict the accuracy of a coin performance in the near future this why it is always advised to stick to the known which is BTC.
Another option is to spread ones portfolio amongst different coins but ensuring the have a greater percentage in projects with a visible future. It is better to win small and lose less than lose more and win less
Some coin might have good Supply but low liquidity, some might have high market capitalisation but very poor volatility. Although it's hard to predict the accuracy of a coin performance in the near future this why it is always advised to stick to the known which is BTC.
Another option is to spread ones portfolio amongst different coins but ensuring the have a greater percentage in projects with a visible future. It is better to win small and lose less than lose more and win less
One of the biggest hurdles to get over in investing is just taking the dive and then committing to it. Depending on what type of investing you're interested in, it can take a long time before it even seems worthwhile and that can put a lot of people off. It took about a year of constantly adding funds before I started to see a decent return when taking the dividend approach and many people simply do not have the patience to keep it going. Another thing to avoid is watching the price too closely, as if you're checking on your investments every day you're more likely to stress yourself out and sell at the wrong time, you need to have a plan of action or you might as well start burning your money.
You have to choose the investment site depending on your amount of money. If your money is limited, then you can invest in alt coins and if your amount of money is much more, then you must invest in Bitcoin. If you invest in Bitcoin, you will slowly get some good profits. If you buy some alt coins which have binance exchange liste you can get good profit from here if the market is good in future. Which coin you want to invest in is totally your decision but you have to invest depending on the market dynamics otherwise you will face loss in future.
If you have more money then you can easily invest some amount in Bitcoin because everyone has a dream to use money in Bitcoin investment. If this investment provide you a profit then you can diversify your portfolio through this profit by investing such amount in other beneficial altcoins.
If you have little amount of money then don't think that now its an end of your investment but you can start from anywhere for example you can use just 10$ for altcoins investment but not in any type of altcoin but research about it and then decide to put your money for the purpose of money growth. If you become wealthy due to altcoin investment then surely your dream of bitcoin investment will come true.
Well, in my point of view, investment choice is still part of the investment plan. Investment plan is not as simple as how much money we want to invest, it's also include how we enter the market, how do we diversify our portfolio, and also the choice of our investment assets. Investment plan is enough if the investment plan is complete and comprehensive
In investing, what a trader/investor must fix first is the investment plan, mindset and knowledge. because these three things are interrelated without an investment plan and do not work as they should, the wrong mindset will also be a problem in the future as well as knowledge. So it is true that if we invest intelligently, we must explore it completely and thoroughly.Always stick to this. Remember, there are risks to everything, and the risks are big. So, you need enough knowledge to dive into the world of crypto.
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Before the ATH is reached, perhaps we will see a small correction process continue to occur and it is impossible for Bitcoin to avoid it.
Even when the four-year cycle is still quite far away, market behavior towards correction and recovery continues to occur all the time. That's why bitcoin volatility is very difficult to predict and almost no one is able to predict it accurately.
There are only a few days left until the beginning of the year and perhaps we will also see the process of correcting Bitcoin experiencing another correction and I hope this will not continue to the standard price of the previous months, so that people do not feel excessive panic. That means all we need to do is be patient and keep collecting if we want to get maximum profits.
Avoid panic if you want to get decent returns in 2024, meaning stick to your original strategy and accumulate as much as you can. Don't worry about volatility, you should consider every correction as an opportunity or chance to do DCA and do accumulate.
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