Author

Topic: We can reduce our chances of loss (Read 1039 times)

jr. member
Activity: 168
Merit: 1
February 04, 2021, 01:06:33 PM
Hey, would outline SOVI Finance. As a liquid mining plus NFT project, SOVI combines the characteristics of the game with the characteristics of the blockchain. It does not copy the traditional games mechanically, but it combines the fun.

As the pioneers of the Huobi ecological Heco chain, Basis Gold, LendHub, and SOVI actually did a lot in the DeFi field long ago. As the infrastructure of DeFi, the public chain plays a very important role. Why do they choose Heco as main battlefield?
The blockchain environment required for the game:

High-speed feedback (low block interval)

Low interaction cost (low gas cost)

Collecting traffic (Huobi ecology)
The above three points are the core factors for choosing to deploy in Heco. Compared with Ethereum, These advantages are obvious, and they are particularly friendly to Gamefi blockchain projects like SOVI
jr. member
Activity: 168
Merit: 1
January 31, 2021, 06:58:18 AM
You guys heard of NEXT exchange? That's entire ecosystem with great tech, collaborations, progress. They have build one of the fastest and most powerful blockchain to date. There are unique know-hows:

Individual blockchain wallets for each trader (private key exporting as a planned feature).
Main and trading account balances making use of hot and cold wallets.
On-exchange transactions recorded on the Blockchain.
Fiat gateway (deposits, withdrawals, and fiat pairings for cryptoassets).
Regulatory compliance (we are registered with the Dutch National Bank
and uphold relevant AML/KYC procedures).

Automated staking of Proof-of-Stake based assets.

https://next.exchange/ - the website, curious to discuss with you
sr. member
Activity: 1582
Merit: 264
Next Generation Web3 Casino
January 31, 2021, 04:28:17 AM
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.
Those who are inexperienced in trading always run after 2x or 10x profit and lose their money. They invest in shit coins that show different types of temptations. In the end, they can't even save their capital. However, they do not take into account that good profits can be made by investing in top altcoins. However, those who are new in trading must first understand when the market is in deep.
hero member
Activity: 1246
Merit: 502
February 04, 2021, 12:50:00 PM
#94
We all know it is easy to say but in reality it is very difficult to do. When you buy coin and it is going down further, you will think twice and probably sell it on loss. And when the coin goes up like maybe only 50% you will sell it immadietly, need years to get a hodler mentality or if you are lucky you buy coin then forgot it untill one day it goes up 1000x.
full member
Activity: 854
Merit: 103
January 31, 2021, 01:49:45 PM
#93
I just constantly make contributions of the received profit, so the income grows and I no longer need to invent anything. Money should never lie idle, even digital.
Money should make money. This is the law of any business. If there was a one hundred percent way to raise the chances of success, everyone would be millionaires.
hero member
Activity: 1260
Merit: 504
January 31, 2021, 02:44:00 AM
#92
I think he is saying some decent method of how we will limit our misfortune in the event that we need to contribute securely like what he said. That is to say, in the event that we need to put resources into some cryptographic forms of money with a higher level of accomplishment. Bitcoin and Ethereum when it unloaded a year ago because of the beginning of the pandemic, presently they are acceptable increases.
hero member
Activity: 2702
Merit: 585
Leading Crypto Sports Betting & Casino Platform
January 31, 2021, 01:49:31 AM
#91
Dropping the chances of loss also means dropping chances of making a lot of money. I invest into top coins so I did drop my chances of loss and I did made a lot of return as well so I am quite happy about it, I have invested on the best time and living the best moments now, I started investing since 2018 (had more before, but got out during 2017 peak) and now I have a decent amount of money and I am not planning on getting out this time neither, I am going to keep waiting for a crash and if it happens going to invest even more to make more in the future bull runs.

However I also understand people who want to make a lot of money, after all we are talking about 2x vs 10x here or 5x versus 50x here and those kinds of stuff are the reason why people go for the small ones. I have seen APY so high on some these degen defi that it was giving you 20% per day or so, those are obviously unsustainable but people got in and got out to make profit. Some people just like the risk and I get that.
sr. member
Activity: 1204
Merit: 250
January 30, 2021, 06:17:30 AM
#90
Yes, You are on the right track. There have a some assumption for a new investor. If they follow the some terms and trading rules then a new investor could not be counted as a failure forex technology trader at all. So, Be safe about your investment and get a handsome profit from cryptocurrency industry.
Yes, because to become an investor is not easy, because everyone must also have a lot of knowledge in seeing, analyzing and researching anything related to any investment, because playing with investing is playing with risk, so you have to be more careful in taking each decision.
sr. member
Activity: 1914
Merit: 328
January 30, 2021, 05:10:59 AM
#89
Many newbies nowadays follow trading signals on social media, so they don't do research properly when it comes to investing in Crypto. They only believe that in the group they are promised 2x-10x profit in the near future when investing in certain coins, even though newbies are only used by group owners for personal gain. By pumping and dumping coins that have a small volume, which is easy to manipulate. Therefore I completely agree with the opening post, choose top alts which are safer to get profit.
You know if the pump and dump happens and you somehow know about it then those are the best times to make profit too. Years ago I remember there was a coin whose pump was almost certain and I cannot remember the coin name but it was like yeah the prices are going to bloom and I bought some which yielded good profits later as the pump happened and I sold my coins without any hesitation because the coin was not going to last long but pump was always a good possibility given the hype.

1. Hold if the coins are top coins or still have good liquidity or good trading volume.
As long as it still has good liquidity and volume, you may not need to panic yourself because the price is dropped. Be patent and hold for a higher price (maybe also need longer time).
Volume is a good indicator how the coin is doing in the market and a coin which has small volume but is swinging it simply means the pump-dump thing is going on and not worth getting into it unless you are part of it.
hero member
Activity: 2702
Merit: 585
Leading Crypto Sports Betting & Casino Platform
January 28, 2021, 03:36:25 AM
#88
All the decent coins now were new at some point and people who invested into them reaped unbelievable rewards and this is the reason why we often invest into new projects and tokens because while the risk is always there, we know the rewards will overshadow any risks. Although the problem is that there are like 100 scam and dead projects and 1 decent project so the market is not worth taking risks anymore.

Trading known and dominant pairs like ETH/BTC is a good idea but it is hardly moving too much and unless a bull run is there, you will struggle making profits with these solid pairs. The new tokens that are listed might make or break so if you want to take risks you can try them. Keep in mind that you are into crypto market and risk is like the synonym of crypto trading so don't be afraid but also don't fall to scam coins.
hero member
Activity: 2072
Merit: 656
royalstarscasino.com
January 26, 2021, 06:59:47 PM
#87
That is true that we don't need to invest in shitcoins, always ignore it, moreover those that only increase by hype.
And for the loss that probably happens because of the price decreased, I commonly use this case:
-
1. Hold if the coins are top coins or still have good liquidity or good trading volume.
As long as it still has good liquidity and volume, you may not need to panic yourself because the price is dropped. Be patent and hold for a higher price (maybe also need longer time).

2. we may also activate the feature of stop loss.
We can consider doing stop loss in order to minimize the loss of the funds in the coins. However, I commonly do it if the funds are needed to be sued for another trading again.

3. If we are playing in the future, maybe we can use hedging mode to minimize loss.
Well, in this case, I am also starting so that I don't have enough ideas about how to make it really good ways.
full member
Activity: 1190
Merit: 117
January 26, 2021, 06:59:17 PM
#86
Many newbies nowadays follow trading signals on social media, so they don't do research properly when it comes to investing in Crypto.
They only believe that in the group they are promised 2x-10x profit in the near future when investing in certain coins, even though newbies
are only used by group owners for personal gain. By pumping and dumping coins that have a small volume, which is easy to manipulate.
Therefore I completely agree with the opening post, choose top alts which are safer to get profit.
sr. member
Activity: 1188
Merit: 251
January 26, 2021, 06:41:27 PM
#85
I agree with your last suggestion, but by investing in the right ico / Ieo you will very easily make the x2-x10 depending on the performance or the fomo of the project.This does not mean that all ico / ieo coins are good and it will be difficult to find good ones, so you should really do your research before doing that.
member
Activity: 866
Merit: 10
January 26, 2021, 05:45:06 PM
#84
The best is to find a low cap project that has a good and realistic idea and invest in it for better profit like the 2x, 5x and 10x. Investing in huge project with a high mcap means that you will  go for 10%, 20% and be satisfied with it.
full member
Activity: 523
Merit: 100
January 26, 2021, 04:11:12 PM
#83
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.

Do you think the market is in a pump situation? Why don't you give advice to take the opportunity from altcoins investment. If you don't invest now, I think the next opportunity will be after 2 years. I think top altcoins opportunities are also available. Only a few altcoins hit the last ATH, so all legitimate projects have a lot of chances to lose.
hero member
Activity: 1876
Merit: 512
January 26, 2021, 02:58:16 PM
#82
Most people lose money in this space because of greed, they heard some people put $100 into crypto and turned it into $10k but what they forget is that it is possible this investment takes 4 years or more before getting 100X on his investment but some people want to turn their $100 to $10k in a month. Have a working strategy
sr. member
Activity: 1246
Merit: 285
January 26, 2021, 02:55:59 PM
#81
~the result has just entered the market trapped in a useless coin that only spent funds in the portfolio and panicked and decided to take a loss.
that is why we must understand the basic principles of investing. not only in cryptocurrency, but also for all other investment products. need strategy and market analysis, can't rely solely on luck, or will just fall into a loss, as you say.

Unfortunately, many newbies come to this ecosystem because they see the huge hysteria about the fantastic price increases. participating in investing without having a basis of knowledge and analysis, it is the same as entering the forest without analyzing the terrain or maps. Fomo, panic buys or sell, that's not good. accustom ourselves not to be greedy and hasty, respect the process, don't just chase instant profit.
member
Activity: 235
Merit: 10
BountyMarketCap
January 26, 2021, 02:39:44 PM
#80
Great  advice,  although  the  statement in  English  wasn't accurate  however,  your point was well made. The crypto  market can be tricky  at times. It's  not always  easy identifying  when it's  right  to buy a particular  coin. For instance,  take a look at the current  price of ethereum,  it's  not easy to ascertain  whether  we are in a dip or pump looking at the trends for the past weeks.
member
Activity: 221
Merit: 10
January 26, 2021, 01:42:34 PM
#79
Yes, You are on the right track. There have a some assumption for a new investor. If they follow the some terms and trading rules then a new investor could not be counted as a failure forex technology trader at all. So, Be safe about your investment and get a handsome profit from cryptocurrency industry.
legendary
Activity: 1540
Merit: 1002
January 09, 2021, 10:30:02 AM
#78
when you start to hesitate to make an option to search for and trade on shit coins, then choosing to trade on top coins is the way and the right choice
Shitcoins are not an option, they will only buy you time and you will lose money because after the pump the price will go down continuously. invest safely, make sure you get a profit and set investment objectives, so that you can get the maximum profit from your investment
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
January 09, 2021, 01:18:38 AM
#77
agree with this statement. Unfortunately, currently, the price of popular altcoins is quite expensive, so we need to wait for the price to arrive. however, it is quite difficult to hold back when the price of the popular altcoin continues to rise. sometimes we also want to have it before the pump price, and buying at a high price is a risky thing.
legendary
Activity: 3108
Merit: 1029
January 08, 2021, 10:00:09 PM
#76
I agree with your statement about " not entering when coin got pumped " but for top altcoin it is not true that top 5 or top 10 coin is safe, there is also big risk there, even bitcoin it self is the high risk investment, my advice is, Just do Dllar Cost Averaging or buy BTC continually every month not one time with all of your saving.
I could not agree with this, even if that's major coin and it doesn't mean that will be pumped for years. There will always be the phase that the major coins will be dumped to go back again to the lower rate. we have experienced this so many times when bitcoin gets dumped and so many coins got stressed due to they have been loosing a lot of their money.
The time to enter in the market will determine how much money you will be received that.
hero member
Activity: 2828
Merit: 518
January 08, 2021, 05:24:47 PM
#75
You are right becasue many newbies went about quick profit from new projects and sometimes end up in debts. It's advisable to take what you have seen in the past doing well and carry out TA before invest in such projects. Most of my profit taking projects are from the top project on coinmarketcap and haven't regretted my actions. Good advise from newborn to newborn, thanks.
It is because they don't have such research and market analysis. They just jump into the boat without a hint where it goes, they are being blinded to see the reality in a certain project offering big and quick returns to build hypes, and once it becomes full, that is also you will see it dumps straight to the ground.
Not only noobs will have to understand this but also those greedy people must have to change. The smart thing to do to save from future losses is to make sure that you are investing in a project that has been good in the market for a very long time.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
January 08, 2021, 04:47:38 PM
#74
Yeah, if the whole market is pumped by the whales stay away from the crypto market. Playing with the market and buying at a high market price can lead to a destroyed account sooner or later. Always calculate the risk factor and invest in the small marketcap altcoins. Never fall into the trap of FOMO. FOMO will definitely have the effect over the market rate and the traders will not be able to buy the ETH at the same price again. That is why it is essential to buy before the bull market and sell after the uptrend.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
January 08, 2021, 04:41:29 PM
#73
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.

So what does this "in the deep" means? You mean when the price crashes or when the price is undervalued? Two different meanings over here.
But yeah, sadly those people look for making quick profit. They don't care what coin it is. If they see that the price is getting pumped crazy, they invest in those and try to make some quick profit. Only very few people are able to make some profit while most of them loses everything.
If you hold well known coins for long term, you will be making more than 10%-15% profit. But, you know, people are greedy and they don't have patience.
sr. member
Activity: 2226
Merit: 347
January 08, 2021, 04:15:27 PM
#72
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.


Good point but not all will really be having that kind of mindset and majority will really be aiming for faster and bigger profits in a short time. They do like to exchange 10-20% gains to those 5-100x or profits.

Due to greed and being too impatient then you would most likely end up into this path but when the time comes that you had already lost your money due to this very reason then  thats the time
you would really be changing up your course.

Stick to the top ones but doesnt mean it will give out some guarantees.
full member
Activity: 756
Merit: 231
January 07, 2021, 10:21:05 AM
#71
You are right becasue many newbies went about quick profit from new projects and sometimes end up in debts. It's advisable to take what you have seen in the past doing well and carry out TA before invest in such projects. Most of my profit taking projects are from the top project on coinmarketcap and haven't regretted my actions. Good advise from newborn to newborn, thanks.
sr. member
Activity: 2268
Merit: 275
January 07, 2021, 10:05:56 AM
#70

I just can't seem to understand some pure newbies in crypto, not here in the forum, on why they tend to try and invest to below top coins in the market

Based on what I experienced, first, it turns out that this is like testing luck. second, not knowing how the coin is not as a whole. third, seeing the fact that the price is relatively cheap. It is very common for beginners, when entering the market they are confused by different types of coins or tokens which according to them have the same volatility and price increase. the result has just entered the market trapped in a useless coin that only spent funds in the portfolio and panicked and decided to take a loss.
sr. member
Activity: 1652
Merit: 262
January 07, 2021, 07:20:46 AM
#69
as is currently happening, especially for those who have just entered the crypto market or world, don't be tempted by the price of bitcoin and altcoins that are currently being pumped. If you enter the day and see a very high bitcoin price, don't think about buying it first. because the price is at this pump, there is definitely a chance to fall again. can still be seen graphs of bitcoin or other altcoins. a few months ago it was still red and now continuously green. from there, you can see that the market is very volatile and it is very risky to buy when the chart is green.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
January 07, 2021, 04:47:05 AM
#68
We can reduce the chances of loss, but we need to control ourselves and do not panic if we get lost. It will not be easy to control, but if we can do that, I am sure we can reduce the loss, and even, we will have a chance to make a profit. Sometimes, we become losing control when we see the profit, especially if the profit can become 10%-20% and we will not sell that because we want to have a bigger profit.

Panic is the number reason why you may lose your investment, with good understanding of the market you'll be able to avoid such risk.

If you can move forward even you are seeing any problem with your position and seems that the market is not favoring you as long as you

are knowledgeable with the potential you'll not do any decisions that may hurt your investment.

We can not deny that panic come to many of us. They will sell instant without thinking about the rise of the market in the next days because they only think about preventing the big loss that can occur anytime. It needs a calm down from ourselves to solve the market problem, and we need to be wise related to the market situations. Searching for more info about the investment will help us to know what else you need to do when something not right happens.
member
Activity: 686
Merit: 10
January 06, 2021, 06:48:48 PM
#67
In trading you should always determine the entry price, stop loss and the amount of risk.
These are the fondamentals of crypto trading following these rule may lower the risk to lose money.
full member
Activity: 1610
Merit: 102
January 06, 2021, 01:05:48 PM
#66
I agree with you because it is safer and more reasonable to make a small profit by investing in some of the best Altcoins than to completely lose the money invested in the hope of making more profit through investing due to unknown altcoins. In most cases, it is seen that some altcoin sells by encouraging the investors by raising the price of the altcoin by the project team after they come in the market, and then the market value of the altcoin gradually decreases and becomes almost worthless. So it is possible to make a profit by investing in good quality altcoins instead of investing in any altcoins in the hope of making more profit.
hero member
Activity: 1246
Merit: 502
January 06, 2021, 11:41:50 AM
#65
I agree with your statement about " not entering when coin got pumped " but for top altcoin it is not true that top 5 or top 10 coin is safe, there is also big risk there, even bitcoin it self is the high risk investment, my advice is, Just do Dllar Cost Averaging or buy BTC continually every month not one time with all of your saving.
full member
Activity: 630
Merit: 103
January 06, 2021, 06:14:27 AM
#64
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.


I would like to agree but in fairness of the new altcoins we cannot tell if they are shit coins by the price only as all cryptos did start for the new start at cheap price before like Bitcoin which start at the price of $0.0008 when it was just introduced on 2010 as investment then it become $30,000 at present. So for me it is not about the top Altcoins but its depend upon the platform if they were really feasible to the market.
full member
Activity: 1638
Merit: 122
January 06, 2021, 06:08:26 AM
#63
in my opinion, trading is not recommended for newbies who are afraid that it will cause big losses and it is better to follow an airdrop or bounty which is free

how can they loss big when they are a newbie because if your a newbie you will start small and if you always think of lossing without action you wont get out of there or you can never start your trading journey .

 airdrop and bounty are not trading but that is another profession  .

you are called airdrop hunter if you do airdrop and bounty hunter if you do bounty but you can still do this if your a trader and you can still do trading if your a both bounty and airdrop hunter  .
sr. member
Activity: 1050
Merit: 252
January 06, 2021, 05:55:45 AM
#62
We can reduce the chances of loss, but we need to control ourselves and do not panic if we get lost. It will not be easy to control, but if we can do that, I am sure we can reduce the loss, and even, we will have a chance to make a profit. Sometimes, we become losing control when we see the profit, especially if the profit can become 10%-20% and we will not sell that because we want to have a bigger profit.

Panic is the number reason why you may lose your investment, with good understanding of the market you'll be able to avoid such risk.

If you can move forward even you are seeing any problem with your position and seems that the market is not favoring you as long as you

are knowledgeable with the potential you'll not do any decisions that may hurt your investment.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
January 06, 2021, 05:49:14 AM
#61
We can reduce the chances of loss, but we need to control ourselves and do not panic if we get lost. It will not be easy to control, but if we can do that, I am sure we can reduce the loss, and even, we will have a chance to make a profit. Sometimes, we become losing control when we see the profit, especially if the profit can become 10%-20% and we will not sell that because we want to have a bigger profit.
hero member
Activity: 1974
Merit: 534
January 06, 2021, 05:09:13 AM
#60
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.


This is pretty good advise. I agree with you that investing in the major cryptocurrencies is a good idea, if the prices are not that low. In my opinion the large part of a crypto portfolio should be invested into well established coins and only a fraction of our money should be used for high risk alt coins
member
Activity: 371
Merit: 65
~ ngidol is my passion ~
January 06, 2021, 05:01:31 AM
#59
in my opinion, trading is not recommended for newbies who are afraid that it will cause big losses and it is better to follow an airdrop or bounty which is free
full member
Activity: 826
Merit: 104
January 06, 2021, 12:59:25 AM
#58
And do you realize there are new bulls in the market and that is the alt season. As far as what's happening, i think people are paying attention to the alt season because it is really profitable, i see more profits if just keeping bitcoin, so i don't think it's for newbies.
legendary
Activity: 2576
Merit: 1043
Need A Campaign Manager? | Contact Little_Mouse
January 06, 2021, 12:20:36 AM
#57
If we invest in the top alts when it is in the Deep, then it can give a good profit.[/b]
The problem with the newbies right now is that they are finding a quick profit scheme in crypto.

I agree with what you said though that is why I'm only investing into the top coins especially Bitcoin and Ethereum which covers over 80% of my total crypto portfolio. Investing in low market cap coins can give you huge reward yes but the problem is that it is hard for you to sell it when you want to sell it. Top coins can give you profit longer but the risk is lower compare to the bottom coins.

If you want to reduce your losses though, the best way is to just invest on Bitcoin and Ethereum Cheesy.
legendary
Activity: 1694
Merit: 1003
January 05, 2021, 10:50:09 PM
#56
Now would be the best time to invest on top alts xrp and monero are in danger of getting delisted in every exchange so i suggest to stay away from it but if you have the guts to take a loss you buy some of it and wait, Doge is still on my list.
full member
Activity: 531
Merit: 100
January 05, 2021, 10:44:28 PM
#55
In fact, i think that may be the mistakes people can see when they've actually gone through it. As you said, we only see short-term gains and not look at the longer term, as in this market the proposed case is bitcoin, because if i buy bitcoin from the beginning then i will has become a millionaire for a long time.
sr. member
Activity: 2002
Merit: 250
January 05, 2021, 05:59:02 PM
#54
As the last year has shown, with top alts it is also possible to make x2-x6 without any problems. The main problem is patience and faith.
Unfortunately, many have sold off their altcoin savings a year and a half ago without waiting for the long-awaited bull run. Simple strategy: buy cryptocurrency, wait several years.
The biggest possibility is that those who sell it because the price panic will continue to fall, but if the project they invest in has a good reputation and has been in operation for a long time I don't think need to worry if the price drops like last year where almost all altcoins experience ATL.
hearing the story, possibly due to several reasons. especially between panic sell as you have said, it could also be due to economic pressure, or other possibilities because the project is not developing so they prefer to sell at a loss then exchange it for coins that are more feasible than before. On the one hand I hope that newbies don't think that investing in crypto can make them rich overnight.
Yes, such a mindset must certainly be removed from the minds of these beginners,
investing in the crypto world we have to be patient because if not, of course we will be in a hurry to make a decision and at things that are detrimental to ourselves
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
January 05, 2021, 04:47:54 PM
#53
What ever you are suggesting has already been suggested multiple times. But you know people, they are greedy. They don't want to wait. They want profit RIGHT away. Hence they look for shit coins that are getting pumped. Invest in it, losses everything, starts crying and then ends up calling each and every crypto currencies a scam.
But yeah, keep on preaching. The more they are made aware, the more mistakes like this people will avoid. But, then there will always be that one person who thinks he is "smart".
sr. member
Activity: 1876
Merit: 295
GOD is TRUE
January 05, 2021, 04:24:04 PM
#52
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.


First things first, not all dips lead or turn to profits and this is where doing your research comes in. Also i believe targeting 2% - 5% profit on a daily basis is more better strategically than hoping for huge percentages. Take emotions out of crypto currency trading and investment always.
sr. member
Activity: 1050
Merit: 252
January 05, 2021, 01:53:36 PM
#51
~
Better be careful trading around the coins in the market. The sure endpoints would be you're gonna throw your money at something.
I just can't seem to understand some pure newbies in crypto, not here in the forum, on why they tend to try and invest to below top coins in the market

Newbies are explorer I guess, most of them are just trying some luck and not  paying attentions to what really happening inside the market,

They are throwing money with project that they are not fully understand, end point, they will cry out scam once all the money are wasted and

gone after some time staying inside.
sr. member
Activity: 1435
Merit: 250
PredX - AI-Powered Prediction Market
January 05, 2021, 01:47:25 PM
#50
As the last year has shown, with top alts it is also possible to make x2-x6 without any problems. The main problem is patience and faith.
Unfortunately, many have sold off their altcoin savings a year and a half ago without waiting for the long-awaited bull run. Simple strategy: buy cryptocurrency, wait several years.
The biggest possibility is that those who sell it because the price panic will continue to fall, but if the project they invest in has a good reputation and has been in operation for a long time I don't think need to worry if the price drops like last year where almost all altcoins experience ATL.
hearing the story, possibly due to several reasons. especially between panic sell as you have said, it could also be due to economic pressure, or other possibilities because the project is not developing so they prefer to sell at a loss then exchange it for coins that are more feasible than before. On the one hand I hope that newbies don't think that investing in crypto can make them rich overnight.
sr. member
Activity: 1190
Merit: 257
January 05, 2021, 01:40:35 PM
#49
As the last year has shown, with top alts it is also possible to make x2-x6 without any problems. The main problem is patience and faith.
Unfortunately, many have sold off their altcoin savings a year and a half ago without waiting for the long-awaited bull run. Simple strategy: buy cryptocurrency, wait several years.
The biggest possibility is that those who sell it because the price panic will continue to fall, but if the project they invest in has a good reputation and has been in operation for a long time I don't think need to worry if the price drops like last year where almost all altcoins experience ATL.
member
Activity: 518
Merit: 23
★Bitvest.io★ Play Plinko or Invest!
January 05, 2021, 01:01:18 PM
#48
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.


Its not the Newbies fault for not knowing what the signs of a Shitcoin's are and they would not know it if they do not have any experience investing on them. These losses are normal especially when you are someone new since you can gain more experience in that way. Everybody can have their opportunity to gain profit once they stick around too long within this industry and this is still a reminder that needs to be kept in mind.
hero member
Activity: 2828
Merit: 611
January 05, 2021, 10:16:09 AM
#47
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.
What you have to know is that most of the newbies that are joining the community and becoming investors are looking for quick money, they are all coming to become millionaires, so they look some coins they feel will fetch them that big enough profit to become very rich, and that’s totally wrong.

I’m saying this because I have seen people around me how they react about cryptocurrency, when you talk about it they are just talking about making quick money and the stories they have heard about cryptocurrencies price increasing and people becoming millionaires, and they think about this and forget about the risks that are involved, which is very bad.
TGD
hero member
Activity: 1288
Merit: 620
Wen Rolex?
January 04, 2021, 03:27:44 PM
#46
losses will occur when we invest in new coins and have no prospects for the future because I've experienced it from there I can learn good investments in established coins like top coins all though, to get profit it takes a long time at least when the bull market run happens like now top coin can increase up to many times
It will still depends on up to how much we were able to buy or buy back. If we still not able to buy at a point where there is still room for us to enter chance sis that instead of having gain we will lose since we buy in a much higher price, if we are able to monitor the market and enter early before it pump we will able to experience the pump, this is for top coins but with new coins there is a need for some hype to really gain from them.
member
Activity: 560
Merit: 26
January 04, 2021, 03:16:16 PM
#45
If not for the pandemic crisis that affected the financial system, I don't think many will get moat of those cheap coins at such prices. Some were even scared that bitcoin and others are going to zero in value but see it went and play out.
Actually, it will be difficult to get those bitcoin very cheap like before except we experience something worse than before. We hope and pray it doesn't happen. Though, buying top 10 tokens is a nice recommendation but remember they can be easy replace by other altcoins. It's necessary you do a proper research about what you want to buy before you venture into them.
sr. member
Activity: 1176
Merit: 252
Futurov
January 04, 2021, 01:46:10 PM
#44
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.


of course investing in the TOP altcoins is better than invest in a new coins or shitcoins
but, new people will always think to gain a huge profit in short period time, they never think about consistency,
for me its better to get  about 10% - 20% monthly profit rather than a huge profit in one day, but next day we lost all our money my friend
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
January 04, 2021, 01:09:40 PM
#43
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.


People invest in new projects because of their high potential of pumping 1000 times from their starting price. What is think is the crypto market is already risky no matter its BTC you are investing in or a new ALTs. So if we can manage our risk and use some of our time to find a good project then our extra risk could give us high returns. Becasue traders are not holders and they won't hold until they are in profits.

New alts and Bitcoin is not the same when it comes to the risk involved.  Bitcoin had established its community and have good buy support in them market while new alts don't have that much so its market is easier to crash than BTC.  Aside from that, many new alts pretend to be a good project but in the end, they are just into money grab scheme making their investors lost a lot of money.
sr. member
Activity: 1876
Merit: 318
January 04, 2021, 12:44:22 PM
#42
The very good advice given by the opening post, it is indeed safer to invest in top altcoins which obviously have high volume. Because if we
force investment in shitcoins it is very likely that we will lose money, Because as we know, there are many shitcoins that have fake volumes,
which ultimately can't be sold after we buy them. If we invest in top altcoins, of course it is very safe because it has real volume that we can
sell when we get a profit.

Then regarding investing in the current market which is currently bullish it is not recommended, because it has a very high risk. Because it is
likely that the crypto market will undergo a deep correction, so in my opinion, we should be a little patient waiting for the correction to occur
before we enter the market.
sr. member
Activity: 2268
Merit: 275
January 04, 2021, 10:32:01 AM
#41
, I don't understand your English... what do you mean by "when it is in the deep"? My personal strategy is to buy microcaps that haven't mooned yet like 0xMR and UNCX.


You are confused !!!!
try to focus on the flow of topics so that you will understand what they are talking about.
there he discusses investing in the top altcoins, by profit and percentage generated. as well as giving a warning not to enter the market and make purchases when the price is bullish.
try to find friends again Smiley
sr. member
Activity: 1050
Merit: 252
January 04, 2021, 10:27:06 AM
#40
People cannot tell when a coin actually goes deep and when it will rebound.
XRP is an example, its value is falling very deeply right now but people still don't know when it can rise again.
If we invest in XRP at the moment it is really risky.

It's risky if you don't have any idea with what the developers are trying to bounce back with the issue that they are facing against

the SEC, if you'll invest blindly without researching then the the chance of losing a lot of money is very possible, but if you have good

knowledge if what might be the counter plan then riding with this coin while the value still down might bring you good benefits.
hero member
Activity: 1414
Merit: 574
January 04, 2021, 10:18:38 AM
#39
when the price drops to the bottom you can buy it. This strategy can give you maximum profit for buying coins at low prices.

With good fundamental conditions, not junk coins, because not all coins with dropping prices can go up again.  We also have to see the price trend down for what reasons?  Is it really just a price correction or is there a bad issue behind the price decline.  No one wants to lose, right?  Don't think that all the coins that drop are worth buying. Don't be too hasty in every action, don't be greedy for profit if you don't want to lose big.
legendary
Activity: 2212
Merit: 1008
January 04, 2021, 09:52:02 AM
#38
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.


I agree with that, I've once too invest to shit coins that pumps 3-5x per day but dumps 10-15x the very next day, it's much better to invest to top altcoins that even if they dump the project value is still great, since there is an assurance that the price will soon go pump again unlike shit coins that is not worth holding for too long.
member
Activity: 728
Merit: 19
KUWA.ai
January 04, 2021, 06:18:06 AM
#37
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.


People invest in new projects because of their high potential of pumping 1000 times from their starting price. What is think is the crypto market is already risky no matter its BTC you are investing in or a new ALTs. So if we can manage our risk and use some of our time to find a good project then our extra risk could give us high returns. Becasue traders are not holders and they won't hold until they are in profits.
jr. member
Activity: 840
Merit: 6
January 04, 2021, 02:15:55 AM
#36
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.

I'm sorry, I don't understand your English... what do you mean by "when it is in the deep"? My personal strategy is to buy microcaps that haven't mooned yet like 0xMR and UNCX.
member
Activity: 2044
Merit: 16
January 04, 2021, 01:23:33 AM
#35
It is not more advisable to invest on start up projects because big chances it will turn scam or not succeed in the market, in my opinion. Investments is not a financial advice and it requires a risk taker attitude to succeed in this industry and investing on top coins/tokens in the market will have big chances to earn profit from the ventures made during at low price of buying.
hero member
Activity: 2926
Merit: 640
January 04, 2021, 01:10:45 AM
#34
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.

That is how you basically earn money, through waiting for the top altcoins to drop down low and start investing on it then afterwards holding. As time passes by, since they are the top altcoins, there will always be a possibility that their value will massively grow. It's not really a good idea to enter a market full of crypto on their bull run because instead of earning profit from it, you would instead experience possible loss. Be strategic and wise with your decision as you enter the crypto world, if you will become like that, you might end up being a big shot just through strategically holding really good coins.
I would agree normally but there are few points I would like to change with it, otherwise it is definitely a good one.

First of all we do not know when they are bottomed out, so it is hard to know when to get in, my alternative to this is getting in all the time, I try to put aside a bit of money (which I failed in all of 2020 unfortunately) and I spread it on my portfolio, which means I keep buying almost every month, or at least whenever I can, that way I do buy at the bottom, I also buy at the top, but I keep getting crypto richer, that's a safe bet, that's how I do not have to worry about trying to guess the bottom.

Secondly, not all top coins always profits, depends on the top coin you would like to invest, BCH for example is a miners coin that is run by two big miner, that's it, or XRP for example.. well we know what happened to them, so you have to pick carefully.
sr. member
Activity: 2254
Merit: 258
January 03, 2021, 08:57:02 PM
#33
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.


Not only for newbies it is for everyone, some old investors are still investing in new and unproven coins in the market, trying to find coins where they can get 100 times profit, such instances and cases are rare, and there are risks but if you are ok with the risk you can proceed you just have to now your risk factor and your limit.
full member
Activity: 840
Merit: 102
January 03, 2021, 06:56:37 PM
#32
Choosing an investment in crypto is very risky if one is not smart in choosing which coins are potential for 2021 and next. Even the top coins
in cmc also do not guarantee 100% profit for those who hold them.    Of the many altcoins in circulation there is indeed a good potential and
serious in the development of coins. For this, sometimes trader is required to take chances when altcoins are pumping and dumping.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
January 03, 2021, 06:12:41 PM
#31
Chances of taking loss can be manageable if you will be investing into a decent and worthy coin by avoiding shit coins that are spread around the market. Investing into the top Altcoins as well as with Bitcoin is a good choice to make for those have already proven their worth and capacity to grow and regain after experiencing loss. It is a great opportunity not to get down whenever the Altcoin market gets into dump for it is a precious time to seek for worthy coins that are good for investment and take advantage of the situation purchasing Altcoins on their dump as long as you are picking the right ones that have the potential to grow as a progressive and potential crypto that will give you profit. Determine shit coins from not is the first task and do not get easily fooled or deceived to coins that looks too much promising for you might get into trap of those scam/shit coins that are mostly targeting newbies in the market.
sr. member
Activity: 2268
Merit: 275
January 03, 2021, 12:42:53 PM
#30

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.


In fact 70% of beginners are attracted when the market is going up on a green signal, and immediately queue up, in my opinion it is fine as long as it is not profitable for long trades, if it is used short about 5-10 minutes you can still make a profit. and in fact not only beginners as well, old traders who even play short can always rely on the market when it is green.
member
Activity: 126
Merit: 10
January 03, 2021, 12:39:02 PM
#29
At these prices investing for newbies is very risky. I would say besides btc and eth any other coin is super risky so it’s best for new investors to do a bit of watching from the sidelines before going in. At any moment the market can dump.
sr. member
Activity: 1372
Merit: 252
January 03, 2021, 12:07:03 PM
#28
of course investing in the top coin will avoid a big risk if it dump and on the other hand, it is difficult to get profit up to many times if the market bul run does not occur unlike shitcoin which can be pumped and dumped at any time without having to wait for the bull run to occur so which choice will you take
hero member
Activity: 1414
Merit: 574
January 03, 2021, 11:16:30 AM
#27
I agree to avoid avoiding altcoins for initial investment, nowadays altcoins are very risky to become assets due to their very high price volatility, with many negative issues that some Altcoins accept. But if you look at the current situation, top coins are also experiencing very high prices, and investing in top coins requires a large amount of capital. However, top coins also cannot be separated from the risks. Only maybe can reduce a greater risk.
full member
Activity: 1292
Merit: 101
Vave.com
January 03, 2021, 10:47:06 AM
#26
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.
indeed many people are interested in shitcoin which can provide many benefits in a short time, especially for beginners in crypto.
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.
Its a great example that a top coin also get dump even in bullish market .So i think its could not be a good strategy to enter in deep it could me more deep then you can make huge amount of losses .I think we need to spend much and more time to the market to properly get idea about it and also research the latest news which can play a great impact to the market .Gradually you can earn a lot from investing for sure .
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
January 03, 2021, 10:13:30 AM
#25
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.


Even 5-10% daily is good enough if you will only invest in top crypto currency like ETH and BTC. If you have high amount of capital then you can also win a lot plus risk management then the chance of loosing is small unlike you are only investing in newly project hoping that can give you high percent of earnings which is mostly not and you may lost up to 90% of your invested money .
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
January 03, 2021, 10:06:25 AM
#24
Its not about only newbies there are some traders who run after shit coins in hope of quick 2x 3x but they don't realize they can earn more by choosing top coins. I can say profit will be less but the risk ratio will also be less. The important thing is one should not try to catch the rally to avoid the big losses.
sr. member
Activity: 1050
Merit: 286
January 03, 2021, 09:45:36 AM
#23
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.

That is how you basically earn money, through waiting for the top altcoins to drop down low and start investing on it then afterwards holding. As time passes by, since they are the top altcoins, there will always be a possibility that their value will massively grow. It's not really a good idea to enter a market full of crypto on their bull run because instead of earning profit from it, you would instead experience possible loss. Be strategic and wise with your decision as you enter the crypto world, if you will become like that, you might end up being a big shot just through strategically holding really good coins.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
January 03, 2021, 09:29:42 AM
#22
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.

Top altcoin when it is dumped? lease explain me this part?

Are you talking about the coinmarketcap ranking, but once they lost the value they will lose its spot then how can we consider them as top shit coin. Tongue
copper member
Activity: 1400
Merit: 103
January 03, 2021, 09:18:13 AM
#21
You can easily speak like that, but in reality it will be difficult to put into practice. Because basically we can't be patient to wait for the price to go up and panic when the price goes down.
full member
Activity: 1526
Merit: 110
January 03, 2021, 08:16:04 AM
#20
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.
Good advice for newbies. I think newbies must know about trading before they start trading. Currently the prices of Bitcoin and Altcoin are constantly rising. So if anyone wants to invest, they can do these top coins.  There is no need to waste money by investing in shit coin. Don’t be to much greedy.
hero member
Activity: 1876
Merit: 524
January 03, 2021, 08:00:13 AM
#20
Instead of losing all the money by sticking to a single coin, we reduce the risk by splitting these coins and increase the rate of winning. Besides, I do not recommend that beginners invest in tokens and coins, which they do not know. In fact, I do not recommend them to invest in any way without research.
copper member
Activity: 658
Merit: 402
January 03, 2021, 07:45:24 AM
#19
Newbies need to understand first how things work in the crypto space, as well as being careful with the coins they are choosing to invest. Learn when and where to invest since it will help them/us to prevent getting losses and to earn more profit. As for newbies who are still exploring the market, I agree that it's better to invest in top altcoins that will give us more guarantees than those shitcoins.
full member
Activity: 1210
Merit: 100
January 03, 2021, 06:45:38 AM
#18
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.
member
Activity: 1120
Merit: 68
January 03, 2021, 05:39:10 AM
#17
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.
hero member
Activity: 2478
Merit: 695
SecureShift.io | Crypto-Exchange
January 03, 2021, 05:19:26 AM
#16
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.
legendary
Activity: 1596
Merit: 1288
January 03, 2021, 05:08:42 AM
#15
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.
full member
Activity: 896
Merit: 236
January 03, 2021, 04:30:16 AM
#14
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.
full member
Activity: 602
Merit: 106
January 03, 2021, 04:27:09 AM
#13
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.
full member
Activity: 1470
Merit: 105
👉bit.ly/3QXp3oh |🔥Launchpad on TON
January 03, 2021, 04:17:53 AM
#12
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.


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.
legendary
Activity: 2954
Merit: 1153
January 03, 2021, 04:03:51 AM
#11
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.


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.
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
January 03, 2021, 03:59:49 AM
#10
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.


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.
legendary
Activity: 2660
Merit: 1261
January 03, 2021, 03:24:17 AM
#9
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.
member
Activity: 210
Merit: 10
Sovryn - Brings DeFi to Bitcoin
January 03, 2021, 03:18:32 AM
#8
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
full member
Activity: 406
Merit: 103
January 03, 2021, 12:53:10 AM
#7
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.
indeed many people are interested in shitcoin which can provide many benefits in a short time, especially for beginners in crypto.
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.
legendary
Activity: 3080
Merit: 1353
January 02, 2021, 11:16:45 PM
#6
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.


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.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
January 02, 2021, 11:14:22 PM
#5
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.
hero member
Activity: 2268
Merit: 588
You own the pen
January 02, 2021, 10:35:26 PM
#4
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.
newbie
Activity: 1
Merit: 0
January 02, 2021, 09:46:07 PM
#3
I agree on investing in other coins to minimize the risk, I predict on this 6th the rate will change Cheesy
member
Activity: 518
Merit: 21
January 02, 2021, 09:41:18 PM
#2
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.
member
Activity: 81
Merit: 11
January 02, 2021, 09:18:32 PM
#1
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.
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