Tips for newbie to long-term investing - page 2.

Mandevil

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Quote from: GiftedMAN on July 07, 2022, 08:03:56 AM

Quote from: a.amt94 on July 06, 2022, 09:24:22 AM

That's the thing I'm struggling with, I actually want to put in more money. But I just can't afford to, I want to maximize on the buying opportunities but I know that's the FOMO creeping in, and I'll just have to stay patient.

Since you are thinking of a long-term investment, I will suggest you diversify your portfolio but Bitcoin should be your major concentration because if you buy now that the price is down, you will be able to make a profit when the price is up again but remember no one can predict when the bear will end so your investment should not be done with all you have got so you don't end up not making gain and lossng your capital. Always invest with the amount you can afford to lose, good luck.

I used to think that diversification of the stock portfolio is just beautiful words, but only 2 years have passed and my opinion has changed greatly, I realized that you should always invest only what you are prepared to lose and no more, sometimes the risk is justified, but only if there is a financial cushion, and there is something to risk. My advice to newcomers - is not a hasty study of the basics of the cryptocurrency market and ecosystem projects (need to delve into the study of a particular coin), but my opinion, that BTC is a favorite ..

Rigon

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Those who are new to this forum are always advised to consider good advice and rationality.They enter the first forum thinking that investing is very easy and very profitable. But this misconception of theirs is erased with one investment.Of course I would say for newbies to know about the forum first and then invest.While investing beginners are definitely advised to invest in the best coins.If not, they will consider shit coins as a long term investment and will suffer losses later and look at this investment with great disdain.

albon

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Quote from: ChiNgadOr on September 12, 2022, 07:29:03 PM

Everything I'm cryptocurrency is an opportunity to get in at early stage before things get out if hands. The market is down now and it is another sign to get in that most crypto are less and affordable. The market is a bit boring now that things are not going as planned and we need to look and the aspect of the opportunity not what could happen now.
Investing in cryptocurrency is all about timing and waiting holding your coins as long as it's going to take the market to continue moving toward. It is certain that the market is going to move upward and we need to be patient enough for that time.

Patience is yes the basis for success in investing, but during this time that we will be patient in holding the coin, we must be aware of the news of the coin that we have invested in and follow the coin community on Twitter or Telegram or others and the latest news in the crypto market and technical analysis of the coin from time to time, learning and gaining experience, and we can stake the coin in the long term without making it idle and making some profits from it.

xzy887

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Quote from: downunder on September 07, 2022, 06:18:28 AM

Hi,
I am a newbi and I would like to learn, but from what source? If somebody can give me some source would be great. For now I am all in BTC, trying to DCA and buy low sell high.

Now the market condition is not good but if you want to invest in BTC this time and hold it for long time then you can profit. Now is the right time to invest in BTC. But I would say instead of investing your principal money here you will invest your extra money here.Because now there is no specific period of how many days you can make a profit if you invest in BTC. But you can expect that BTC will go up very soon. So in my opinion, if you want to btc buy low rate and sell high rate, now is the best time to buy your Bitcoin.

ChiNgadOr

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Quote from: ?? on ??

I think newbie who invest first time in cryptocurrency so first thing is that they gain knowledge about cryptocurrency and the second thing is that they invest which project first they study about this and there team there Roadmap everything read so they invest.
And after invest wait for profit and keep patient.

Everything I'm cryptocurrency is an opportunity to get in at early stage before things get out if hands. The market is down now and it is another sign to get in that most crypto are less and affordable. The market is a bit boring now that things are not going as planned and we need to look and the aspect of the opportunity not what could happen now.
Investing in cryptocurrency is all about timing and waiting holding your coins as long as it's going to take the market to continue moving toward. It is certain that the market is going to move upward and we need to be patient enough for that time.

Ludmilla_rose1995

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Eloncoin.org - Mars, here we come!

Quote from: ?? on ??

I think newbie who invest first time in cryptocurrency so first thing is that they gain knowledge about cryptocurrency and the second thing is that they invest which project first they study about this and there team there Roadmap everything read so they invest.
And after invest wait for profit and keep patient.

you forgot to say that investing in new projects is not recommended because there is a big risk of loss. Currently there are hundreds of cryptocurrencies that have a good reputation and have uses, so it is recommended for newbies to prefer investing in these currencies rather than those that have just emerged, to avoid fatal losses in the future.

downunder

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Quote from: batang_bitcoin on September 08, 2022, 06:20:44 PM

Quote from: downunder on September 07, 2022, 06:18:28 AM

Hi,
I am a newbi and I would like to learn, but from what source? If somebody can give me some source would be great. For now I am all in BTC, trying to DCA and buy low sell high.

Continue doing it, you said that you're DCAing and buying low and selling high. Well, you can accumulate as much as you can while it's on the bottom as you might think.
Then, you have to hold bitcoin if you decide to think long term. But if not, you have to sell at profit prices. That's all you need to do and just repeat all the process until you master it. As for the source, depends on what you want to learn, if it's trading, you're on the right section.

I would like learning about TA, how to read signals, macd, candle stick and so on. This is in same time and trading, so to have some good pdf document about that will be great for me.

Thanks
Ivica

Fredomago

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Quote from: batang_bitcoin on September 09, 2022, 02:40:08 PM

There is really no problem holding bitcoin for long term because it's the most effective way of profiting from it. I don't know if there are people having problems holding it for long term, maybe the doubters and unbelievers of it. But for people like me, I've got proof and experience that it's the best asset that I have been holding and sold and made profit from it and that's why I'll keep doing what I've been doing for a long time because it's beneficial for me.

Experienced traders who see those rollercoaster rides know and understand that the term long is applicable for bringing a decent amount of profits from your initial investments. You always have that great chance of success if you have the trust and the patience to hold while waiting for the market to pump up. Newbies should note those points that the market is not the easy, and it's needed to be research and understand well, if you have that idea the next thing to do is set your expectations and make sure that you are always willing to adjust when learning things while working in enhancing your knowledge.

Quote from: Stable090 on September 09, 2022, 04:44:49 PM

If you want to enjoy in cryptocurrency is better you get a job and you can start investing, so that whenever there is bear market you won’t endup spending the money you already used to buy coin already, but whenever you are having a job or another source of income you can easily be spending money from there whenever there is bear market. Investing in eth is a nice, eth is a good coin which will surprise people very soon, just keep in accumulating.

Good point, if you have an actual job who will continuously finance your needs, bear and bull will not be a problem, after you set your plan the next thing that you needed to do is to wait for market to favor your side and bring you decent or huge amount of profits.

xzy887

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Quote from: ?? on ??

While everyone want to invest in bitcoin - people want to be rich very quick

Investing in Bitcoin does not mean you will get rich. Because you have to understand that Bitcoin is a training coin. This coin also trades. And for that it is not understood when this coin will be up or down. If you invest in this Bitcoin during market down or bear market then you can profit. But if you buy Bitcoin at the highest price then you can suffer loss from here too. But it can be said that you can profit by holding Bitcoin for a long time.And definitely invest your extra money here because you have to remember that you are holding here for the long term. If you hold for long time then you will not be able to withdraw money from here. You have to wait for the market to rise. So not only that investing in Bitcoin will make you profitable, but first you need to gain good knowledge about the market.

Stable090

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If you want to enjoy in cryptocurrency is better you get a job and you can start investing, so that whenever there is bear market you won’t endup spending the money you already used to buy coin already, but whenever you are having a job or another source of income you can easily be spending money from there whenever there is bear market. Investing in eth is a nice, eth is a good coin which will surprise people very soon, just keep in accumulating.

batang_bitcoin

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Quote from: awik p on September 09, 2022, 08:02:26 AM

Quote from: batang_bitcoin on September 08, 2022, 06:20:44 PM

Quote from: downunder on September 07, 2022, 06:18:28 AM

Hi,
I am a newbi and I would like to learn, but from what source? If somebody can give me some source would be great. For now I am all in BTC, trying to DCA and buy low sell high.

Continue doing it, you said that you're DCAing and buying low and selling high. Well, you can accumulate as much as you can while it's on the bottom as you might think.
Then, you have to hold bitcoin if you decide to think long term. But if not, you have to sell at profit prices. That's all you need to do and just repeat all the process until you master it. As for the source, depends on what you want to learn, if it's trading, you're on the right section.

I think there is no problem for long-term investment in bitcoin, as long as we are able to maintain the psychological to keep it. but it will be different if we want to hold altcoins in the long term, of course it will have more risk and require specific thinking to analyze the market, although in general buy low sell high, but believe me it's not that easy. In addition to choosing the coin, in long-term investment, of course, we must pay attention to the security of the wallet used.

There is really no problem holding bitcoin for long term because it's the most effective way of profiting from it. I don't know if there are people having problems holding it for long term, maybe the doubters and unbelievers of it. But for people like me, I've got proof and experience that it's the best asset that I have been holding and sold and made profit from it and that's why I'll keep doing what I've been doing for a long time because it's beneficial for me.

awik p

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Pepemo.vip

Quote from: batang_bitcoin on September 08, 2022, 06:20:44 PM

Quote from: downunder on September 07, 2022, 06:18:28 AM

Hi,
I am a newbi and I would like to learn, but from what source? If somebody can give me some source would be great. For now I am all in BTC, trying to DCA and buy low sell high.

Continue doing it, you said that you're DCAing and buying low and selling high. Well, you can accumulate as much as you can while it's on the bottom as you might think.
Then, you have to hold bitcoin if you decide to think long term. But if not, you have to sell at profit prices. That's all you need to do and just repeat all the process until you master it. As for the source, depends on what you want to learn, if it's trading, you're on the right section.

I think there is no problem for long-term investment in bitcoin, as long as we are able to maintain the psychological to keep it. but it will be different if we want to hold altcoins in the long term, of course it will have more risk and require specific thinking to analyze the market, although in general buy low sell high, but believe me it's not that easy. In addition to choosing the coin, in long-term investment, of course, we must pay attention to the security of the wallet used.

Rengga Jati

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Quote from: a.amt94 on July 06, 2022, 09:05:06 AM

.... Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

Investing in BItcoin is the first choice, this is much better than other cryptocurrencies.
However, you may also divide your money into some assets to minimize the risk and optimize the profit and chances.
However, I do agree with most members here, not all altcoins are worthy for the next investment.
I will no doubt put my money on ETH for long-term investment besides Bitcoin. This has higher chance to rise up than other altcoins. Then, it is followed by BNB, I am sure with the utility of this coin, this will have also higher chance to rise up.
But for other altcoins, well, I am not sure to buy again and hold them

batang_bitcoin

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Quote from: downunder on September 07, 2022, 06:18:28 AM

Hi,
I am a newbi and I would like to learn, but from what source? If somebody can give me some source would be great. For now I am all in BTC, trying to DCA and buy low sell high.

Continue doing it, you said that you're DCAing and buying low and selling high. Well, you can accumulate as much as you can while it's on the bottom as you might think.
Then, you have to hold bitcoin if you decide to think long term. But if not, you have to sell at profit prices. That's all you need to do and just repeat all the process until you master it. As for the source, depends on what you want to learn, if it's trading, you're on the right section.

Hamza2424

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I would like to say if you are going to make a major investment then be careful crypto is volatile but highly rewarding so be smart and wait for a perfect entry and then forget about it for the Long time period then in new Bull run see ohh you are millionaire haha BTC is the only choice if you want to expand the investment then dear dont buy at once make some limit orders time to time and then bro you can do one more thing choose 3 to 4 different long term assets as be careful other then BTC i wont prefer but you can go with ETH, DOT, and ADA.

GigaBit

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Leading Crypto Sports Betting & Casino Platform

In bearish markets all types of coins ‍are worthy for long-term investments but many people invest in various sheet coins in hopes of higher profits, which is a big mistake for them. Keep in mind that bitcoin is the best along with some altcoins where it is possible to get good returns on long term investment but it is not possible with Shit coins. I myself have small holdings in a few altcoins including Bitcoin. These are Ethereum, BNB, ADA and SOL. I believe they are capable of giving maximum returns anytime in a bullish market.

loveselenagomez

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Cogwise

For newbie buy a low risk cryptocurrency like btc eth bnb etc,do not buy a any crypto token like bep20 erc20 before recarch.

Alert31

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Trident Protocol | Simple «buy-hold-earn» system!

If you want to invest for long term....It depends on your capital and how long could you wait because nobody knows when this bear market ends. Also just invest in top 10 cryptocurrency in the market or those with high potential to grow in the future. Long term investment is not easy, you need to be careful and patient while waiting the bull market or the rigjt time to earn profit from your investment. Although, it's good to accumulate more coins now, always be careful and just invest the amount that you can afford to lose.

downunder

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Hi,
I am a newbi and I would like to learn, but from what source? If somebody can give me some source would be great. For now I am all in BTC, trying to DCA and buy low sell high.

Jatiluhung

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For beginners, of course, it is very difficult to find a good project to enter as an option in making long-term investments. but I myself see that in a bear market this is a good opportunity for beginners to start paying off some coins that are already at a fairly low price. even bitcoin is currently being corrected. so buying gradually may be possible from the current level. but do an analysis of various aspects such as reading the news and others will be very helpful in making decisions.

Topic: Tips for newbie to long-term investing - page 2. (Read 2397 times)