The power of investment choices - page 5.

Distinctin

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Quote from: Pablo-wood on December 01, 2023, 04:28:50 AM

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

With crypto, a lot of choices will be provided but if you want to go for the safest choice, then stick to bitcoin as it's always the highly secured and guaranteed profitable crypto investment in the crypto market. However, I do not mean that bitcoin is the only profitable and trustable coin alone, with diligence study, you will discover also some highly potential altcoins that can be worthy and valuable to invest. But with altcoins, always invest with high caution.

Diversifying is a good option. If you want to maximize your profits, then never limit your investment to only one investment, but you can also invest in physical investments like gold, real estate or stocks. If you fail on one investment, at least you might also be successful on the other one.

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Quote from: Pablo-wood on December 01, 2023, 04:28:50 AM

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.

Even top reputable exchanges also sometimes listing a quite questionable assets, it's up to you to filter which assets are promising to trade and not. The exchanges are just collecting some money and it's up to the traders to do the rest, you can't just blindly follow top exchanges and feeling safe right there. It doesn't work like that.

Quote from: Pablo-wood on December 01, 2023, 04:28:50 AM

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.

That's the top recommendation for most of the people, but if you are feeling the confident with your picks and want to learn something with trading then it's a good idea to try out some of the altcoins out there.

Quote from: Pablo-wood on December 01, 2023, 04:28:50 AM

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

Make sure to do some research first and have a spare time to actually manage the picks.

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Quote from: Pablo-wood on December 01, 2023, 04:28:50 AM

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

There are so many things we have to look for, I would take an example like we have to saw the background mostly of the project.

The investor could also be helpful in judging the project so we could get more information in this way.

Also there should be some knowledge about the project tokenomics and also their vesting schedule if someone is going to invest in that project then he can also have some good thoughts about the same project.

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Quote from: Xxmodded on December 10, 2023, 01:40:41 PM

Quote from: bhadz on December 09, 2023, 04:43:44 PM

Well, everyone's going to minimize their losses if we're skilled enough but everything that we're obtaining is going to help us with all of these choices that we make in investing whether it's in crypto or any other markets that are also moving with high volatile.

Have enough skill will minimize with losses but some time whales more closer than with our skill of researching or technical, I agree skill can reduce or minimize losses with trading but some time lucky and whales have bigger chance to give us risk than lack of skill in trading.

No question if it's with these whales. They're going to dominate whether we're skilled or not. But the thing with them is you should play with the games they play. You don't actually have to defeat them, just go with the flow and if you can't beat them, join them with the strategy they do.
It means to say that whenever you see some opportunity that they're popping for a specific crypto, if you have some money ready to deploy then go with them and take that advantage as that's also their power of choosing assets. Typically being said to go with the herd.

tjtonmoy

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The altcoin market is hard to navigate. You will get showered by many choices but to find the best one is as hard as finding a needle in grass. But with practice and enough experience, we can also take advantage of this market. We also need to remember that not everything will bring us profits. We win some, we lose some. Can't win them all.
Altcoins are the best choice for short-term investment plans. The altcoin market moves based on sentiment. This includes positive or negative news, hype, trends etc. It will do well for the time being, but once it is over, the project may die. So we need to make the best out of it in that short period of time. Failing to do so will lead us to losses. Because in the crypto market, one's loss is another one's profit. If you can't make a profit out of it in time, someone else will make a profit out of your loss.

So learn to navigate first. Gain experience and deeper knowledge about these sentiments. Otherwise, your safest bet is Bitcoin. Buy, HODL, forget.

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Can't guarantee with altcoin price in the future keep stable exactly some coins have lower liquidity or transaction volume on exchange market, right choose investment in bitcoin without worrying like altcoin will not stable and less liquidity. Bitcoin have thousand holder and price up every time, not space left for worrying with bitcoin price in the future exactly when adopting by many company and industries around the world will make bitcoin keep stable on higher price.

Quote from: bhadz on December 09, 2023, 04:43:44 PM

Well, everyone's going to minimize their losses if we're skilled enough but everything that we're obtaining is going to help us with all of these choices that we make in investing whether it's in crypto or any other markets that are also moving with high volatile.

Have enough skill will minimize with losses but some time whales more closer than with our skill of researching or technical, I agree skill can reduce or minimize losses with trading but some time lucky and whales have bigger chance to give us risk than lack of skill in trading.

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Quote from: Altryist on December 07, 2023, 09:12:55 AM

Quote from: taufik123 on December 01, 2023, 07:47:25 AM

This is a diversification strategy, investing in other coins that have good potential for the future and are already performing well.
This is a safe option, but it also requires good management.

What is certain is that Bitcoin is the main investment and has the most percentage, then followed by Altcoins such as ETH which are also quite good for the long term.
Choosing coins that are clearly highly recommended, it is better to minimize losses than having to face greater risks with new coins.
New coins can be an option for luck trials only, but only a small amount of funds is used.

Bitcoin is followed not only by ether, but by all tokens, in fact, the entire cryptocurrency market is moving behind Bitcoin. If you are worried about the reliability of your investments, then buy Bitcoin and sleep well, if you want to get big profits and are willing to take risks, then you need new coins, because they have the greatest potential for growth. Choose only those projects that are working and progressing, have new partnerships, such projects have a much better chance of achieving success.

That's definitely the situation, its clear that we are talking about much bigger deals and we need to be careful about what we do, it is not a simple thing to just assume that we are going to end up making some money, surely it feels like it could be like that but at the end sometimes it doesn't really end up that way at all, and that's definitely a sad suggestion.

We should consider that it is going to take a while, and we may end up with a result that should be all tied to bitcoin. This doesn't mean that the amounts will be all the same, but bitcoin is the one that dictates how the market is, if it's bull period then bitcoin starts the bull period, if its the bear period then bitcoin starts the bear period, there is really nothing else that you can do about that. Of course some coin could go up 20% when bitcoin goes up 10% that's true, but that doesn't mean that it has to be like that at all times, sometimes bitcoin goes up more than the other coins as well.

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Quote from: itorai on December 10, 2023, 10:15:05 AM

Quote from: bhadz on December 09, 2023, 04:43:44 PM

~snip~

Can you happily conclude from everything we discussed?
Because I don't understand the important points you convey.

Let's just put it this way about being skilled in choosing investments and minimizing potential losses that we can have. And about risks, as you've pointed out, we're dealing with it daily and no one can skip it even in the littlest way that we do in life. While people think that they're scared of taking it, little did they know that with their activities in their lives, they've got experience already on taking it.

Quote from: itorai on December 10, 2023, 10:15:05 AM

Moreover, I'm still a layman here.

Same as me I'd say. Grin

itorai

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Quote from: bhadz on December 09, 2023, 04:43:44 PM

Quote from: itorai on December 09, 2023, 09:16:39 AM

Yes indeed if I was skilled I might know what I was going to do and would probably really minimize losses and even luck would be on my side.

Well, everyone's going to minimize their losses if we're skilled enough but everything that we're obtaining is going to help us with all of these choices that we make in investing whether it's in crypto or any other markets that are also moving with high volatile.

Quote from: itorai on December 09, 2023, 09:16:39 AM

And it is true that risks definitely exist in whatever assets we choose and invest in. Even in everyday life, risks still exist as if they cannot be avoided.

That's one thing that every investor and even the speculators need to know. Risks are everywhere and we're always with it, so if someone who's afraid to take it, he or she has to remember that we're dealing with it in our daily life.

Can you happily conclude from everything we discussed?
Because I don't understand the important points you convey. Moreover, I'm still a layman here.

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Quote from: itorai on December 09, 2023, 09:16:39 AM

Yes indeed if I was skilled I might know what I was going to do and would probably really minimize losses and even luck would be on my side.

Well, everyone's going to minimize their losses if we're skilled enough but everything that we're obtaining is going to help us with all of these choices that we make in investing whether it's in crypto or any other markets that are also moving with high volatile.

Quote from: itorai on December 09, 2023, 09:16:39 AM

And it is true that risks definitely exist in whatever assets we choose and invest in. Even in everyday life, risks still exist as if they cannot be avoided.

That's one thing that every investor and even the speculators need to know. Risks are everywhere and we're always with it, so if someone who's afraid to take it, he or she has to remember that we're dealing with it in our daily life.

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Quote from: umbara ardian on December 09, 2023, 10:52:53 AM

Choosing the right assets to invest in is essential to any investment plan. Without it, you can't even start to create an effective investment strategy.

However, I don't think that just chasing trends and trying to predict what will boom is the only way to succeed in investing. While catching the next big thing can lead to big profits, it also comes with high risk.

I believe that a more sustainable way to invest is to focus on the fundamentals of an asset, such as its intrinsic value, long-term growth potential, and associated risk. By analyzing these factors, you can build a diversified and balanced portfolio that reduces risk and increases your chances of success over the long term.

You know the understanding of everyone is different when it comes to choosing a business, I have attended programs they will teach you how to make a good investment choice and we get grouped to share ideas and it so interesting. Having people sharing their ideas with you. Start ups are difficult and sometimes you might have to even get sponsors to get your business to the next level. Investment is easy get ideas from people it will make your work easier.

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Quote from: arimamib on December 09, 2023, 12:03:37 PM

Quote from: bitLeap on December 09, 2023, 07:32:41 AM

Quote from: Pablo-wood on December 01, 2023, 04:28:50 AM

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

You are free to choose between low risk or greater risk. It depends because in general seeing a cryptocurrency at a low price can be considered profitable unless the project fails and does not show high recovery. There is a phase that is often called altseason, and I prefer to take profits there over a certain period of time and when I see the profit percentage, taking it early is enough and go back to the main investment in Bitcoin.

There is no harm in spreading your portfolio across several 10 coin assets on Marketcap to minimize losses. Apart from Bitcoin I also spread my portfolio 5-10% in Ethereum and Solana.

I think your approach is a balanced strategy about cryptocurrency investment, considering both low-risk and greater-risk options. The assessment of profitability based on the project's potential recovery after a dip is a prudent consideration. It takes profits during that period demonstrates a strategic mindset, because it allows you to capitalize on favorable market conditions.

This diversifying portfolio across multiple assets, particularly beyond Bitcoin, shows a risk management approach. Spreading investments across various assets, such as Ethereum and Solana, can help to minimize losses and capture opportunities in different segments of the market. It's essential to keep in mind that the cryptocurrency market can be highly dynamic and influenced by various factors. Monitoring market trends and adjusting your portfolio accordingly is crucial in navigating the evolving landscape of the crypto space.

Spreading your money in that way does not really protect you, reduces your risk or diminish your losses, and this is because you are still investing in a market that is completely dominated by bitcoin and in which all coins are correlated to it, if someone wants to do that in order to protect their money then they need to invest in other markets, this way you will be able to accomplish that goal, however this strategy has the disadvantage of severely limiting your profits as well, as it reduces the positive impact that bitcoin could have in your portfolio.

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Quote from: bitLeap on December 09, 2023, 07:32:41 AM

Quote from: Pablo-wood on December 01, 2023, 04:28:50 AM

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

You are free to choose between low risk or greater risk. It depends because in general seeing a cryptocurrency at a low price can be considered profitable unless the project fails and does not show high recovery. There is a phase that is often called altseason, and I prefer to take profits there over a certain period of time and when I see the profit percentage, taking it early is enough and go back to the main investment in Bitcoin.

There is no harm in spreading your portfolio across several 10 coin assets on Marketcap to minimize losses. Apart from Bitcoin I also spread my portfolio 5-10% in Ethereum and Solana.

I think your approach is a balanced strategy about cryptocurrency investment, considering both low-risk and greater-risk options. The assessment of profitability based on the project's potential recovery after a dip is a prudent consideration. It takes profits during that period demonstrates a strategic mindset, because it allows you to capitalize on favorable market conditions.

This diversifying portfolio across multiple assets, particularly beyond Bitcoin, shows a risk management approach. Spreading investments across various assets, such as Ethereum and Solana, can help to minimize losses and capture opportunities in different segments of the market. It's essential to keep in mind that the cryptocurrency market can be highly dynamic and influenced by various factors. Monitoring market trends and adjusting your portfolio accordingly is crucial in navigating the evolving landscape of the crypto space.

umbara ardian

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Choosing the right assets to invest in is essential to any investment plan. Without it, you can't even start to create an effective investment strategy.

However, I don't think that just chasing trends and trying to predict what will boom is the only way to succeed in investing. While catching the next big thing can lead to big profits, it also comes with high risk.

I believe that a more sustainable way to invest is to focus on the fundamentals of an asset, such as its intrinsic value, long-term growth potential, and associated risk. By analyzing these factors, you can build a diversified and balanced portfolio that reduces risk and increases your chances of success over the long term.

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Quote from: pinggoki on December 08, 2023, 02:45:43 AM

Quote from: DeathAngel on December 01, 2023, 06:58:08 AM

If you ask me I will say only buy Bitcoin but I see why latecomers are attracted elsewhere, there are other cryptocurrencies with unique features & potential for large growth. Diversification is key for some people, It is advisable to research & understand the potential of different cryptocurrencies considering factors such as technology, adoption & market trends. Each cryptocurrency offers different opportunities & risks so a balanced investment strategy that includes a mix of cryptocurrencies may be more beneficial for some in the long run.

Diversification is definitely a good thing but the problem in my opinion with that is that not all altcoins even those with promising technology and other stuff, you're still risking a lot of your money in diversifying in hopes that you can hit a lot of altcoins and get more profit when you can just buy bitcoin and hodl, it's more a better option that diverse number of crypto because with bitcoin, you're guaranteed to make a profit if you're patient unlike altcoins that are 90% likely not to go up after one peak in prices.

How ironic when diversifying your investment is exactly the same reason as what you have in your statement, "not every altcoin in the market is capable of pumping". However there those that are capable of multiplying your capital. None of these coins you are certain with or none of the investors knew what happens with a specific coin. Diversification isn't the problem, choosing the right coin is, that why we need to diversify to try not to miss anything that will pump in the future.

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Quote from: pinggoki on December 08, 2023, 02:45:43 AM

Quote from: DeathAngel on December 01, 2023, 06:58:08 AM

If you ask me I will say only buy Bitcoin but I see why latecomers are attracted elsewhere, there are other cryptocurrencies with unique features & potential for large growth. Diversification is key for some people, It is advisable to research & understand the potential of different cryptocurrencies considering factors such as technology, adoption & market trends. Each cryptocurrency offers different opportunities & risks so a balanced investment strategy that includes a mix of cryptocurrencies may be more beneficial for some in the long run.

Diversification is definitely a good thing but the problem in my opinion with that is that not all altcoins even those with promising technology and other stuff, you're still risking a lot of your money in diversifying in hopes that you can hit a lot of altcoins and get more profit when you can just buy bitcoin and hodl, it's more a better option that diverse number of crypto because with bitcoin, you're guaranteed to make a profit if you're patient unlike altcoins that are 90% likely not to go up after one peak in prices.

I somehow disagree with your comment.

I think the key point in making an investment is being smart- meaning, knowing which altcoin to invest in. I agree, there are lots of altcoins that offer promising technology and innovation but only a few are liquid on the market. While I do recommend that a person should at least invest in BTC, I still think that considering the top 5 altcoins for diversifying your portfolio can be profitable in a few years.

At the end of the day, it is all about knowing which altcoin to invest and when to convert them to cash as soon as they reached a price that can profit the certain investor.

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Quote from: bhadz on December 09, 2023, 08:45:54 AM

Quote from: itorai on December 09, 2023, 08:34:07 AM

Quote from: bhadz on December 09, 2023, 06:46:04 AM

I think that there will be a lot of experts again this time because of how fortunate they are with their crypto choices. Not saying that everyone of them is going to express how they'd able to choose the profitable coins that they've bought. But this has become a norm everytime we enter in the bull run. The difference is that, they're lucky with their assets so they got something to boast but that doesn't mean they're actual experts. Sometimes, this market is just all about luck and don't need that any tip of being good in choices but still, you're better being good in choosing what to invest.

I agree with your view bro, in my opinion it's not really how skilled we are at doing it, but it depends on the luck we get.

I still think that there's balance on it. When you're skilled, you know what you're doing and you're basing on your luck. While those that invests randomly, luck will define the result and it's good to see that many of them gets to see their profits.

Yes indeed if I was skilled I might know what I was going to do and would probably really minimize losses and even luck would be on my side.

Quote from: bhadz on December 09, 2023, 08:45:54 AM

Quote from: itorai on December 09, 2023, 08:34:07 AM

And in my opinion, even though there are experts who have succeeded in choosing profitable assets, there is still risk in it.

The risk is never gone, we are in a highly volatile market and that's why risk is part of our daily lives here. Whether someone is an expert or not, the risk remains to be with any asset that we choose to invest. Even with the stable coins.

And it is true that risks definitely exist in whatever assets we choose and invest in. Even in everyday life, risks still exist as if they cannot be avoided.

bhadz

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Quote from: itorai on December 09, 2023, 08:34:07 AM

Quote from: bhadz on December 09, 2023, 06:46:04 AM

I think that there will be a lot of experts again this time because of how fortunate they are with their crypto choices. Not saying that everyone of them is going to express how they'd able to choose the profitable coins that they've bought. But this has become a norm everytime we enter in the bull run. The difference is that, they're lucky with their assets so they got something to boast but that doesn't mean they're actual experts. Sometimes, this market is just all about luck and don't need that any tip of being good in choices but still, you're better being good in choosing what to invest.

I agree with your view bro, in my opinion it's not really how skilled we are at doing it, but it depends on the luck we get.

I still think that there's balance on it. When you're skilled, you know what you're doing and you're basing on your luck. While those that invests randomly, luck will define the result and it's good to see that many of them gets to see their profits.

Quote from: itorai on December 09, 2023, 08:34:07 AM

And in my opinion, even though there are experts who have succeeded in choosing profitable assets, there is still risk in it.

The risk is never gone, we are in a highly volatile market and that's why risk is part of our daily lives here. Whether someone is an expert or not, the risk remains to be with any asset that we choose to invest. Even with the stable coins.

itorai

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Quote from: bhadz on December 09, 2023, 06:46:04 AM

I think that there will be a lot of experts again this time because of how fortunate they are with their crypto choices. Not saying that everyone of them is going to express how they'd able to choose the profitable coins that they've bought. But this has become a norm everytime we enter in the bull run. The difference is that, they're lucky with their assets so they got something to boast but that doesn't mean they're actual experts. Sometimes, this market is just all about luck and don't need that any tip of being good in choices but still, you're better being good in choosing what to invest.

I agree with your view bro, in my opinion it's not really how skilled we are at doing it, but it depends on the luck we get. And in my opinion, even though there are experts who have succeeded in choosing profitable assets, there is still risk in it.

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Quote from: Pablo-wood on December 01, 2023, 04:28:50 AM

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.

Because an exchange lists a coin/token doesn't guarantee the viability and success of the project. This is why one must learn, and research the coins/tokens they would want to purchase to at least be sure if they are worth it. But still, the listing of coins/tokens by Binance has ever been productive recently and my hesitation, just like your advice states, has deprived me of the huge money I would have earned.

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.

We should not think too much, and my advice is that once it's a good project and our chart is bullish about it, then we can buy it. In the bid to be too perfect in the coins' selection, you might make more mistakes. The coins/tokens with much more supply than demand often adjust the narrative over time, so we shouldn't be too rigid with this.

Quote

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 best of them all, portfolio diversification has helped me in the world of investment, and the more you do this, the less likely you lose. Still, one should learn the projects they would commit their money to, and if that done, there is likelihood that all the investments would be positive.

Topic: The power of investment choices - page 5. (Read 1391 times)