Topic: We can reduce our chances of loss - page 5. (Read 1050 times)
I always recommend that to minimize the risk of loss it is enough to invest in the top altcoins in the market, especially for beginners who always think that investing in crypto can make them rich overnight. but it's not always like that because crypto prices are volatile and can change at any time. but if they pick top altcoins for the long term at least it will be safe.
This can work for everyone not just newbie although newbie are most vulnerable and can get carried away easily, it is also very important not to let fomo control us,
Also not all top alts can be trusted, take a look at what is happening with xrp, how would thought this will happen few days back.
Indeed. Newbies are sometimes having a difficult time controlling their emotions that they are too focused on their profits and losses, and they don't know how to relax after they make a trade, which is why they end up having losses. Also, the sudden decrease in XRP is really unpredictable that we really didn't expect to happen, so it is good proof that not all top altcoins in the market can stay or hold their position. Also not all top alts can be trusted, take a look at what is happening with xrp, how would thought this will happen few days back.
This can work for everyone not just newbie although newbie are most vulnerable and can get carried away easily, it is also very important not to let fomo control us,
Also not all top alts can be trusted, take a look at what is happening with xrp, how would thought this will happen few days back.
Also not all top alts can be trusted, take a look at what is happening with xrp, how would thought this will happen few days back.
Profit and a good return in alternative currencies is not guaranteed, but I agree with you that we are at the lowest value for many alternative currencies, which means that it is difficult to achieve a loss.
Many people want to profit quickly, and when these currencies rise, you will face many problems as there are not many platforms to use, and the transfer fee may end all your fees.
Many people want to profit quickly, and when these currencies rise, you will face many problems as there are not many platforms to use, and the transfer fee may end all your fees.
Very good tip by op for newbies and many other investors because current situation is not good for investing in any new project or coin this can hurt you very badly and you can lost your funds very quickly just try to keep in touch with some better coins those already have some good worth because mostly peoples fall they want very quick proift from new projects but sometime this give big shock better slowly and studily win the race is really good option for all of us.
The easiest way to get out of a coin with profit is to not be married with your investments. If you get emotional and and start to make up reasons not to sell after you are in profit and the coin starts losing its price, you are going to have a hard time.
Lot of times this "investing in shitcoins" is an only option to really get your investment going. It's better to put your 1000 on one low-cap coin and hope that it will pull some nice multiplier.
After you have made some money, put the bigger amount into BTC/ETH and the rest you try to make the same thing again.
Lot of times this "investing in shitcoins" is an only option to really get your investment going. It's better to put your 1000 on one low-cap coin and hope that it will pull some nice multiplier.
After you have made some money, put the bigger amount into BTC/ETH and the rest you try to make the same thing again.
I am writing this specially for newbies
Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.
Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.
I agree with you, because investing in cryptocurrency has a big risk, so it is better if we invest in altcoin that are in the top 100 coinmarketcap (can minimize the risk) and now is the right time to invest in altcoin that are in the top 100 coinmarketcap (my recommendation is Ethereum), because the price of Ethereum hasn't risen very high compared to its ATH price, so there is still a chance for us to get profit from investing in Ethereum, because I see the price of Ethereum has started to increase slowly.
I am writing this specially for newbies
Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.
Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.
Definitely I agree, we should always put our money on a more stable investment. Even though the return is quite low and slow, at least we have more chance of getting a profit and the risk of losses is small. Just watch out for pump and dump and don't get hyped when the market is surging.
I am writing this specially for newbies
Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.
Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.
To be frank, a newbie need to first understand that crypto investing comes with risks, the ability to understand this risk will shape the person's mindset thus he will know that shit coins comes with higher risks because the team can exit scam or easily pump the coin and then dump it, hence their anticipated 2x or whatever will be gone with the wind. But just like you correctly stated, going for top coins comes with even more relaxation because you are sure that the team won't exit scam and hence there is profit waiting for you in the near future. A clear picture of this, are holders who have been holding Bitcoin and Ethereum when it dumped last year due to the early days of the pandemic, now they are good gains. Also, your last statement is the truth, chasing after a moving coin is a bad idea as there will always be market correction.
How about Learn the f*cking TA Analysis?
If everyone not learning about TA then you will cannot determine the prize zone you are buying, how you can know the price stoped on that dips? we only know to buy on support zone hoping that the price reaching the dips on that's price.
There will be always has some chance of going to another dip, just like a falling knife. Remember, when you are profit then on other side there has some people who losing you cannot make everyone profitable.
If everyone not learning about TA then you will cannot determine the prize zone you are buying, how you can know the price stoped on that dips? we only know to buy on support zone hoping that the price reaching the dips on that's price.
There will be always has some chance of going to another dip, just like a falling knife. Remember, when you are profit then on other side there has some people who losing you cannot make everyone profitable.
I am writing this specially for newbies
Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.
It's still a good time to enter the market, the only thing that's pumping right now is Bitcoin and few altcoins, the fact is we can't tell but take limited risks, bitcoin is over 30k now but I've warned many not to invest when bitcoin hit 25k, I thought it's done, the best advice is to risk what you can afford to lose if you want to invest on bitcoin but altcoins are lot safer right now than bitcoin Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.
Just beware of other centralized altcoins that are listed on top where some investors had move already to different altcoins. XRP is one of the coins that has been slowing down and made some investors loses. As I checked the current market price for XRP it is very low and so sad because XRP still has a good marketcap volume. I wish XRP can bounce back anytime soon when btc market collapse.
If XRP will have a chance to bounce back in the future then the chance of what the OP is saying will become the most profitable way of investing and I think he is saying some nice way of how we will minimize our loss if we want to invest safely like what he said. I mean, if we want to invest in some cryptocurrencies with a higher percentage of success, let's put our money on the top Altcoins out there and we will surely have that golden opportunity when it will go down and that's the time we gonna buy it because base on the history of those top Altcoins, they will recover their price no matter what gonna happened with the market.
I still do not understand why people are still confident.that XRP will bounce back in the future. What future are you guys referring to? In just 8 years how much profit has XRP given to its investors? In my opinion and what OP said invest in good coins and and not shit coins like XRP. There are many cryptocurrencies with strong fundamentals and decent market cap, invest in those and earn a decent profit of 10 to 20 percent.
Investing in the top 10 coins still have a risks, this can't guarantee a safe investment, look at the current XRP conditions !!
but at least the risks are less.
I am writing this specially for newbies
Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.
Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.
Again, it boils down to newbies mindset here, most of them really thinks that crypto investment is a get rich scheme and they think that shitcoins will make them rich fast. That's why many projects are being created everyday to trap this newbies. And then we have those signal group and pump and dump who again targeting this newbies because they know that can easily fall for this kind of scheme.
But if you are going to invest, then look for top ten altcoins and of course, be a long term holder or at least learn how to hold first and see how the market operates and not just trade for the sake of getting 10% a day.
Just beware of other centralized altcoins that are listed on top where some investors had move already to different altcoins. XRP is one of the coins that has been slowing down and made some investors loses. As I checked the current market price for XRP it is very low and so sad because XRP still has a good marketcap volume. I wish XRP can bounce back anytime soon when btc market collapse.
If XRP will have a chance to bounce back in the future then the chance of what the OP is saying will become the most profitable way of investing and I think he is saying some nice way of how we will minimize our loss if we want to invest safely like what he said. I mean, if we want to invest in some cryptocurrencies with a higher percentage of success, let's put our money on the top Altcoins out there and we will surely have that golden opportunity when it will go down and that's the time we gonna buy it because base on the history of those top Altcoins, they will recover their price no matter what gonna happened with the market.
I still do not understand why people are still confident.that XRP will bounce back in the future. What future are you guys referring to? In just 8 years how much profit has XRP given to its investors? In my opinion and what OP said invest in good coins and and not shit coins like XRP. There are many cryptocurrencies with strong fundamentals and decent market cap, invest in those and earn a decent profit of 10 to 20 percent.
Just beware of other centralized altcoins that are listed on top where some investors had move already to different altcoins. XRP is one of the coins that has been slowing down and made some investors loses. As I checked the current market price for XRP it is very low and so sad because XRP still has a good marketcap volume. I wish XRP can bounce back anytime soon when btc market collapse.
If XRP will have a chance to bounce back in the future then the chance of what the OP is saying will become the most profitable way of investing and I think he is saying some nice way of how we will minimize our loss if we want to invest safely like what he said. I mean, if we want to invest in some cryptocurrencies with a higher percentage of success, let's put our money on the top Altcoins out there and we will surely have that golden opportunity when it will go down and that's the time we gonna buy it because base on the history of those top Altcoins, they will recover their price no matter what gonna happened with the market.
I agree on investing in other coins to minimize the risk, I predict on this 6th the rate will change 
Just beware of other centralized altcoins that are listed on top where some investors had move already to different altcoins. XRP is one of the coins that has been slowing down and made some investors loses. As I checked the current market price for XRP it is very low and so sad because XRP still has a good marketcap volume. I wish XRP can bounce back anytime soon when btc market collapse.
I am writing this specially for newbies
Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.
Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.
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