Topic: Where should I invest? - page 10. (Read 4968 times)
As investors, we must be wise, when we choose the type of investment and it turns out to be a loss then never blame anyone, the type of successful investor is active to seek information and DYOR with whatever we choose. and I recommend investing in bitcoin because the current price is very cheap, the profit opportunity is very large.
The better and safer thing is to share money in many places of investment in many places, even though cryptocurrencies are very promising but we must have security, save money in the bank, buy stocks or gold so when a storm occurs like today then we don't panic because we still have another profitable investment.
There is a saying don't put the ball in only one basket but put the ball in several baskets,and things like that we can apply to anything, including in terms of investment,
when we invest everything into crypto and only one coin then it is too risky
As a newbie in the crypto environment, with a keen interest in making a profitable investment in crypto, where would you best advice me to invest in 2022. Will an investment in bitcoin now still be profitable to me or investing in other coins is what you best advice? I understand that people are sometimes reserved as per not wanting to give financial advice to avoid being blamed if it goes wrong, but I will try to go through all the responses I can get and highlight the answers that are repeated for consideration.
Since you are asking for the opinion of the members here on this forum who agree with your concern, maybe I can tell you that it is better that you invest in bitcoin and other altcoins as well. Why did I say that? Bitcoin is proven to be sure to rise in the future with no definite time, day, or month when it will happen, in short it is a good long -term investment.
But of course if you want to earn or grow in a short time or period your capital immediately can multiply via altcoins are the best choice, but it's better if it's in the top 10 listed on the market so that somehow the risk is low.
The better and safer thing is to share money in many places of investment in many places, even though cryptocurrencies are very promising but we must have security, save money in the bank, buy stocks or gold so when a storm occurs like today then we don't panic because we still have another profitable investment.
If we want a big profit in a month or even lacking then I suggest to immediately invest Bitcoin, the current price is around $ 20k, the opportunity to rise to $ 21K is very large, and if the price is $ 21K then we have profit more than 5%, there is no Investments that provide large profits of up to 5% within a month or less.
By looking at the current Bitcoin price, it is actually the right moment to buy it,because it is very likely that the price of Bitcoin will rise again whether it is in the near future or an uncertain time later,
We need to take advantage of the opportunities that exist to make a profit
If we want a big profit in a month or even lacking then I suggest to immediately invest Bitcoin, the current price is around $ 20k, the opportunity to rise to $ 21K is very large, and if the price is $ 21K then we have profit more than 5%, there is no Investments that provide large profits of up to 5% within a month or less.
Your advice is correct by suggesting investing in Bitcoin if we want to make big profits. But it requires large capital if we really want to make
a big profit from Bitcoin within a month, because if we only have limited capital there will not be much profit generated. Unless we plan
long-term investment, our capital does not need to be too large, we can generate large profits. Because usually in the long term Bitcoin increases
are quite high, but if we only plan to invest in the short term, don't expect too high. After all, short-term investments are much riskier in my opinion,
so I highly recommend investing in Bitcoin for the long term, besides being safer, of course the profit generated can be much greater.
Invest while the market is bearish, of course it becomes a difficult thing, many are worried that the market will continue to be red for the long term as it has happened every 4 years, in my opinion this is an opportunity and makes cryptocurrencies for long -term investment is certainly more profitable and the current price position is only 1/3 of the ATH that ever happened.
the impact of saying that the red colour does not stop on the four years before it correct itself I said is not authentic analysis of a clearer cleansing falling I know that the market takes long time before it will be corrected but what I noticed that causes correction of market of cryptocurrency his peoples buying much or investing much in cryptocurrency that the red colour of cryptocurrency chart will turn to the green colour of cryptocurrency. it's not that I'm not supporting that the correction of cryptocurrency after it being read will take place in space of four years before the correction will appear in big board
If we want a big profit in a month or even lacking then I suggest to immediately invest Bitcoin, the current price is around $ 20k, the opportunity to rise to $ 21K is very large, and if the price is $ 21K then we have profit more than 5%, there is no Investments that provide large profits of up to 5% within a month or less.
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As a newbie in this space, it is best advised to start your cryptocurrency investment journey on or with Bitcoin, Bitcoin is the only trusted and largely supported cryptocurrency among all, it has the largest marketcap, it is listed on every cryptocurrency exchange, you will never have any issues trading your bitcoins for other currencies if for what ever reason , you have to.
Start by investing in Bitcoin, then as you get used to the market and learn the rudiments in it, you can then begin to diversify into other top coins like ETH, BNB, just select good coins from the top 100 coins listed on coinmarketcap to invest in.
Always remember one of the top rules in investment which states that one should never put all his/her eggs in one basket, begin to diversity, (that is investing in other coins) but only do this when youve learnt all that there is to crypto investment, so you wont end up investing in scams, rugpulls waiting to happen coins and tokens.
Start by investing in Bitcoin, then as you get used to the market and learn the rudiments in it, you can then begin to diversify into other top coins like ETH, BNB, just select good coins from the top 100 coins listed on coinmarketcap to invest in.
Always remember one of the top rules in investment which states that one should never put all his/her eggs in one basket, begin to diversity, (that is investing in other coins) but only do this when youve learnt all that there is to crypto investment, so you wont end up investing in scams, rugpulls waiting to happen coins and tokens.
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As a newbie in the crypto environment, with a keen interest in making a profitable investment in crypto, where would you best advice me to invest in 2022. Will an investment in bitcoin now still be profitable to me or investing in other coins is what you best advice? I understand that people are sometimes reserved as per not wanting to give financial advice to avoid being blamed if it goes wrong, but I will try to go through all the responses I can get and highlight the answers that are repeated for consideration.
It's still quite good when you start investing bitcoin in the future, because this coin is one of the strongest for now, however you also need to convert some altcoins to invest together, in the case of the market like now, I think Ethereum and BNB are worth it for you turn it into an asset, and wait for the complete recovery of the market, after that just make a sale at the price you want, according to the reaction of the coin.
Currently there are many choices for investing, most people invest in gold, stocks, property and so on, of course all types of investments are good and have profitable prospects, but cryptocurrencies are also worth choosing because when we really need money or feel we have made a big profit, we can sell immediately without worrying about no buyers, the cryptocurrencies community is constantly growing.
No much surprise's when you eventually see a newbie asking about where and what to invest in, it's either they are well experienced and wants inputs from the community and also an alternative account, probably kicking up to get some merit's. Bitcoin should be a top option for you for long term purpose and reasons, also some landed asset's and stock market would profit you also. A good look at Some alternative coins like Matic and Sand would make lots of sense. But do your research.
I want to advise you to get knowledge about cryptocurrency first. View forecasts and changes in the cryptocurrency rate for the last year or two years. This is a serious matter and needs to be studied. Determine for yourself how much you want to invest and how much you will not be sorry to lose in case of failure. To begin, I would advise you to pay attention to bitcoin, but it's up to you to decide.
Yes, knowledge is something we should invest in, since if we don't have knowledge, no matter how much we invest, it will be difficult to win. In particular, cryptocurrency is considered to be the most risky and full of scam market, you will fall prey to any project or any scammer if you enter the market with an empty head, Knowledge is the first thing to invest in.
Invest while the market is bearish, of course it becomes a difficult thing, many are worried that the market will continue to be red for the long term as it has happened every 4 years, in my opinion this is an opportunity and makes cryptocurrencies for long -term investment is certainly more profitable and the current price position is only 1/3 of the ATH that ever happened.
You're right, now is the best position to take good advantage of the dip, the beauty in bitcoin is to invest in it over a long term, the all time high isn't the extent it could go far but much expectations are in the future halving about to occur for a new high, 2024 is getting closer to the next halving as price may not make much significant difference for now not until we are getting closer to it.
Invest while the market is bearish, of course it becomes a difficult thing, many are worried that the market will continue to be red for the long term as it has happened every 4 years, in my opinion this is an opportunity and makes cryptocurrencies for long -term investment is certainly more profitable and the current price position is only 1/3 of the ATH that ever happened.
Investment is always a risk. We risk losing money, we risk losing income. And it doesn't always depend on our own actions. It is important to correctly assess the risks that exist so that there is no disappointment. Cryptocurrency has a very high risk of losing value. But the income can also be good. If you want stability, invest in stocks and coins. If you want to make good money, invest in cryptocurrency, but be prepared not to receive income
These are some very good points mentioned. But not everyone is so literate to invest coins and stocks and crypto. There are also other option like local progressive businesses. One can have a look at them as well. And invest wisely.
Investment is always a risk. We risk losing money, we risk losing income. And it doesn't always depend on our own actions. It is important to correctly assess the risks that exist so that there is no disappointment. Cryptocurrency has a very high risk of losing value. But the income can also be good. If you want stability, invest in stocks and coins. If you want to make good money, invest in cryptocurrency, but be prepared not to receive income
I suggest you invest for the long term as the market is erratic right now. After investing you should forget about your money for a few years. My suggestion to you is that you can invest in bitcoin and ethereum.It doesn't take much research for that. Apart from these, it may be beneficial to invest in bnb. I think you will make a big profit.
By looking at the current market conditions, the choices are limited and it is the safest to invest in the long term,it takes patience especially we don't know when the market will recover,
By investing in the top coins, of course the risk can be minimized and it is very suitable for the long term too
There are local forum on the website too - do the research properly and do not blame other for the loss you come across.
I suggest you invest for the long term as the market is erratic right now. After investing you should forget about your money for a few years. My suggestion to you is that you can invest in bitcoin and ethereum.It doesn't take much research for that. Apart from these, it may be beneficial to invest in bnb. I think you will make a big profit.
By looking at the current market conditions, the choices are limited and it is the safest to invest in the long term,it takes patience especially we don't know when the market will recover,
By investing in the top coins, of course the risk can be minimized and it is very suitable for the long term too
I suggest you invest for the long term as the market is erratic right now. After investing you should forget about your money for a few years. My suggestion to you is that you can invest in bitcoin and ethereum.It doesn't take much research for that. Apart from these, it may be beneficial to invest in bnb. I think you will make a big profit.
I think it's better for psychological control, this is not to be forgotten but we don't see the market too often to maintain psychological stability. on the other hand, by investing in coins that are prima donna, you will be calmer in holding them, because we do not know sooner or later the market reaction will change seasons. if previously it took 4 years, doesn't mean it will be the same this time Jump to: