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Topic: What you need to know before investing in crypto - page 2. (Read 1224 times)

newbie
Activity: 98
Merit: 0
so that all the efforts that I do generate profit of course must first learn to really understand the trick to invest in crypto. for example in investment for investment we must really choose the right time to buy or sell
member
Activity: 1204
Merit: 38
The most important thing is not knowing when to buy or sell. There is one more thing that is fundamental to understanding cryptocurrency. Thus you will know that everything must be accompanied by risks, so you will know that investing with cryptocurrency is not just about profit, but also risk and loss. Do not worry, by learning the basics of cryptocurrency then we will find preventive measures to reduce these risk factors.

Before investing in cryptocurrencies be sure don't be back without getting profits from this field with other investment this is the one lyric Indian I have to tell all the people who wanted to interested in investing and earn more profits in Bitcoin.
member
Activity: 560
Merit: 13
You need to first know the basic of crypto currency and the the crypto currency market. For this you need to go through the child boards section of this forum to gather some knowledge. Post that you start with a small amount in trading with some top listed crypto currencies because the top listed crypto currency will be listed on most of the exchanges.
full member
Activity: 418
Merit: 100
if you want to start investing in crypto you have to learn and know what crypto currancy is because there are so many kinds of crypto currancy, because now there are so many crypto currancy scam, so you have to be more careful to start investing in crypto currancy.
member
Activity: 546
Merit: 32
The most important thing is not knowing when to buy or sell. There is one more thing that is fundamental to understanding cryptocurrency. Thus you will know that everything must be accompanied by risks, so you will know that investing with cryptocurrency is not just about profit, but also risk and loss. Do not worry, by learning the basics of cryptocurrency then we will find preventive measures to reduce these risk factors.

When you are getting into the cryptocurrencies world you first need to know the one Lee think going to be to draw from your investment if you have this mind you will be able to get the huge profit in this this is my little opinion about cryptocurrencies especially in because you have a lot of time more more profits.
newbie
Activity: 232
Merit: 0
If someone wants to invest in Bitcoin, he needs to take time and study first. everyone should understand all the advantages and disadvantages of investing in the crypto world. so many mode of blind and wrong fraud then there must be deep understanding.
full member
Activity: 560
Merit: 107
For me, you need to know before investing in cryptocurrency is to know if your country or state has an exchanger of what crypto you choose and after that create your wallet and make sure that you follow their security purposes. The second thing is to have to know about cryptocurrency and what crypto you want. We all know that you need to know that essential before investing right because spending some money on a thing that you don’t even know is a stupid move. After gathering ideas and researching check again if that crypto you choose it accepted to your country and you have an exchanger and if you have good luck in investing on cryptocurrency hope that you become successful.  Smiley
sr. member
Activity: 462
Merit: 250
Overall, this is very true. Many people who have no concept of that what are the crypto currencies, are rushed to invest when they saw the big jump in the BTC price to $ 20K in December. They decided they could make a lot of money without any effort or knowledge. For this reason, many attempted of scam are appeared, some of which have been successful.  Undecided
hero member
Activity: 784
Merit: 500
That's actually true seeing that the recent busts related to crypto investments are bosses of the NewG scams and other similar ponzi schemes. The people who fell victim in these scams are the ones who were lazy enough to blindly trust large sums of money on other people without doing background checks and checking sources. Most people nowadays are looking for quick and easy money, which, at most times lead them towards something that will take their money away instead of profiting. With the cryptomarket gaining a lot of attention due to the gains it offers, many scammers use the term in order to lure people who look for the same opportunity but don't know how to start.  If only people would take time to read before spending money on such, I don't think there would be people who'd fall for such tricks.

This is the main reason why a lot of Filipinos I know don't believe in bitcoin at all. They don't even bat an eye and show interest because it is only known as 'scam'. As a bitcoin user, we should observe first and check the background where you will be investing.
Yeah I totally agree with you that we must observe first when we want to invest in crypto, we should be able to identify the various elements of the crypto investment, developer, team and mission/vision of the project it was plainly, without any lies.
newbie
Activity: 182
Merit: 0
Do's and Dont's first, second is more and more research about crypto and have a trusted friend that are veteran in crypto for your guidance and remember don't invest what you can't afford to lose. Start with little amoubt of money study all the basics from bottom to top and sidelines and you are good to go now.
sr. member
Activity: 679
Merit: 254
Probably there's a lot you need to know about before investing in crypto because there's got to bear all the risk if you invest in crypto so you have to bear all the risks that exist in crypto
newbie
Activity: 182
Merit: 0
There's no denial that investing in bitcoin is really risky becuase in a first place this is somewhat new to us, so before doing such kind of risky action make sure you know all precautionary measure so that you will not end up.
full member
Activity: 418
Merit: 106
That's actually true seeing that the recent busts related to crypto investments are bosses of the NewG scams and other similar ponzi schemes. The people who fell victim in these scams are the ones who were lazy enough to blindly trust large sums of money on other people without doing background checks and checking sources. Most people nowadays are looking for quick and easy money, which, at most times lead them towards something that will take their money away instead of profiting. With the cryptomarket gaining a lot of attention due to the gains it offers, many scammers use the term in order to lure people who look for the same opportunity but don't know how to start.  If only people would take time to read before spending money on such, I don't think there would be people who'd fall for such tricks.

This is the main reason why a lot of Filipinos I know don't believe in bitcoin at all. They don't even bat an eye and show interest because it is only known as 'scam'. As a bitcoin user, we should observe first and check the background where you will be investing.
full member
Activity: 630
Merit: 100
The most important thing is not knowing when to buy or sell. There is one more thing that is fundamental to understanding cryptocurrency. Thus you will know that everything must be accompanied by risks, so you will know that investing with cryptocurrency is not just about profit, but also risk and loss. Do not worry, by learning the basics of cryptocurrency then we will find preventive measures to reduce these risk factors.
member
Activity: 351
Merit: 11
A news from ABS-CBN, a Filipino Media and Entertainment Group.

MANILA - An investor who saw a 39,000-percent increase in his bitcoin investment warned on Monday that many cryptocurrency investment schemes right now are scams.

Emerson Fonseca, Philippine head of NEM Foundation, told ANC's Market Edge that since he started trading bitcoin 2 years ago, a lot of scams have cropped up because people don't understand cryptocurrencies.

What are your opinions?



You need to know first is what type of crypto should you invest what is the goal of their project. You must check  the advantages and disadvantages of the crypto that you are investing.
member
Activity: 350
Merit: 12
You have to be familiar of the movement of coins you are going to invest.Patient and calm enough because we all know that bitcoins are volatile.
jr. member
Activity: 131
Merit: 1
To be sure if you want to invest in crypto you have to bear all the risks that there is a cryptocurrency If You Are Ready to Bear all its possible you can already follow it
hero member
Activity: 2590
Merit: 644
Before you invest in crypto you should know that the price can make you happy for a few weeks or make you sad for a few months. The market is very volatile and the price changes a lot more often compare to the other type of market so it might turn you off or on depending on what you want in a market.
jr. member
Activity: 322
Merit: 1
My opinion is that if you do not understand anything in cryptocurrencies, it's better not to engage in this kind of investment at all.
In traditional investment, there are risks of becoming victims of scammers. And traditional investment is more understandable. And cryptocurrency market is too complicated for beginners.
Now there are many services that help to understand cryptocurrency market. But this takes time and effort
full member
Activity: 337
Merit: 100
A news from ABS-CBN, a Filipino Media and Entertainment Group.

MANILA - An investor who saw a 39,000-percent increase in his bitcoin investment warned on Monday that many cryptocurrency investment schemes right now are scams.

Emerson Fonseca, Philippine head of NEM Foundation, told ANC's Market Edge that since he started trading bitcoin 2 years ago, a lot of scams have cropped up because people don't understand cryptocurrencies.

What are your opinions?


Before investing in cryptocurrency, be realistic. You should know what type of crypto coins you are going to invest. Do some reserch. And double check if that investment is legit, because many scammers are wandering in the world of crypto. Be responsible because investing in crypto comes with a higher risk.
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