What is your most preferred approach to investing in cyrptos - page 2.

Distinctin

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Quote from: motun01 on January 31, 2021, 02:10:32 PM

i would regard myself as a dynamic investor, i am solely focused on making money and i adopted which ever strategy that i believe is going to make me the most money at that specific moment.
for example, during the bitcoin rally, i took the position of a day trader, trading it intraday with some leverage, that way i can maximize my earning potential
i can also take the position of a long term investor if i see a good project with a lot of potential, then i can join its fund raising or buy into the project at listing, depending on all the information available.

HOW do you approach cryptocurrency investing.

I think we are all the same, we treat crypto as an investment and we use this for generating profit just like what we do in traditional business.
This is a reason why many people are jumping into crypto as they know that they can make money from here. But as soon it comes more acceptable on the market and many establishments accepting this, this cannot be purely an investment only but just like a currency used for buying stuff, payment, and etc...

blockman

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Quote from: motun01 on January 31, 2021, 02:10:32 PM

i would regard myself as a dynamic investor, i am solely focused on making money and i adopted which ever strategy that i believe is going to make me the most money at that specific moment.

As an investor, all of us want to make money from our investments.

Quote from: motun01 on January 31, 2021, 02:10:32 PM

for example, during the bitcoin rally, i took the position of a day trader, trading it intraday with some leverage, that way i can maximize my earning potential
i can also take the position of a long term investor if i see a good project with a lot of potential, then i can join its fund raising or buy into the project at listing, depending on all the information available.

HOW do you approach cryptocurrency investing.

You can do both if you're too good at doing it altogether. Being an investor doesn't require much work and effort, you just do some research and money before buying anything that you want and determine how you should be with it. And as you set that chosen investment then you can do experiments in day trading. It's not also that much requiring things as long as you've got money to trade.

TastyChillySauce00

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Quote from: bttmember on January 31, 2021, 02:51:48 PM

The only strategy that worked for me was to hold btc and eth because all other coins gave me loss when i analysed my purchase price in terms of btc or eth, most of the alts are only good if you are looking for usd based profits.

Hodl is good but I prefer to invest or staking in a new project or existing one so I can earn double because by staking and investing i can increase my token holding that way I can get double profit and it's much more safer than just holding because I can increase my token number while at the same time waiting for the price to go up.
You can compare how much you got from holding your bitcoin compared with investing in the new project that launched on polkastarter.

senyorito123

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Quote from: motun01 on January 31, 2021, 02:10:32 PM

i would regard myself as a dynamic investor, i am solely focused on making money and i adopted which ever strategy that i believe is going to make me the most money at that specific moment.
for example, during the bitcoin rally, i took the position of a day trader, trading it intraday with some leverage, that way i can maximize my earning potential
i can also take the position of a long term investor if i see a good project with a lot of potential, then i can join its fund raising or buy into the project at listing, depending on all the information available.

HOW do you approach cryptocurrency investing.

My first motive on that cryptocurrency investments, is I always look on the goals that's driven for a certain project roadmap. Without that visions, I couldn't trust on the platform because how can you be into a specific project if you don't know the future it brings back to your finances as well.

bttmember

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The only strategy that worked for me was to hold btc and eth because all other coins gave me loss when i analysed my purchase price in terms of btc or eth, most of the alts are only good if you are looking for usd based profits.

coinswebid

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Quote from: motun01 on January 31, 2021, 02:10:32 PM

i would regard myself as a dynamic investor, i am solely focused on making money and i adopted which ever strategy that i believe is going to make me the most money at that specific moment.
for example, during the bitcoin rally, i took the position of a day trader, trading it intraday with some leverage, that way i can maximize my earning potential
i can also take the position of a long term investor if i see a good project with a lot of potential, then i can join its fund raising or buy into the project at listing, depending on all the information available.

HOW do you approach cryptocurrency investing.

invest for long term in bitcoin and ethereum
and become a day trader too not only when a rally coming my friend, but i will choose a coins with huge volume to do a day trader
and my target is to collect mroe bitcoin and ethereum in my day trading actiivity

kindbtc

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Yes, most people here just do the same like you because whatever the goal is still everyone is looking to make some extra cash so they will try to take every opportunity to make some profit from the market but personally im more of a longterm holder because i do not have much time watching the market 24/7 because i do have real life business to watch too.

motun01

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i would regard myself as a dynamic investor, i am solely focused on making money and i adopted which ever strategy that i believe is going to make me the most money at that specific moment.
for example, during the bitcoin rally, i took the position of a day trader, trading it intraday with some leverage, that way i can maximize my earning potential
i can also take the position of a long term investor if i see a good project with a lot of potential, then i can join its fund raising or buy into the project at listing, depending on all the information available.

HOW do you approach cryptocurrency investing.

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