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Topic: Where should I invest? - page 15. (Read 4569 times)

full member
Activity: 546
Merit: 100
May 06, 2022, 11:10:38 AM
Yes. I've had some newbies blame the solution or the way we presented in managing finances. because they fail to manage finances so they take their failures on us. I think this is ungrateful. other than that, i will also fix that error. sometimes what we do is not in accordance with the mindset of others, so it is difficult for them to implement it.
and for now we cannot say that this is the right time, you should check the state of the market and your financial situation. If you are ready to invest in the long term and not hurt your finances, I think this is the right time to invest.
sr. member
Activity: 1330
Merit: 289
May 06, 2022, 03:48:37 AM
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.
No cryptocurrency investment is not profitable. The cryptocurrency investment that will work against you is when you come into investment with greediness. Bitcoin is good to be invested but since the timeline of investment is under fluctuations. If you buy bitcoins now before you will make a profit you will at most leave for long term before you could make a reasonably profit. But altcoins is another place you can invest your money and you get lost at twinkle of time. The profit in altcoins is same as the lost because of some of them is not good project. Go with bitcoin for long term investment and you will make profit. Except you are in a hurry to make profit in bitcoin and is the condition that will make you to hate bitcoin. Because you can not make your expectations profit immediately with bitcoin and with short time
member
Activity: 140
Merit: 20
May 06, 2022, 03:29:18 AM
I think now is the right time to start buying bitcoins. because the price is low. because I see soon this price will go up again. Coins other than BTC that are good to start with at the moment are Ethereum, Cardano, Matic, and XRP.
At least this is the step I took. but I don't recommend people to follow me.
MiF
sr. member
Activity: 1316
Merit: 258
May 05, 2022, 10:12:45 PM
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.
Always do your own research or(DYOR) if you are a newbie you need to always do a proper research on a very strict way because there are a lot of scammers and ther are a lot of thief in crypto. You need to be sure or pick a coins that already been trusted for years dont try to pick a new coin to avoid loss choose btc eth bnb dot matic link maker uni etc., This coins is good for new investors those are the coins that has a good background and proven for years.
hero member
Activity: 1904
Merit: 540
Leading Crypto Sports Betting & Casino Platform
May 05, 2022, 04:53:30 PM
Where to invest is not a question that could be answered that easily, not that it would be impossible but it would not be a simple thing at all. I believe that the best case for all of us would be to find our own best version of investment based on what we like.

Personally I like the fact that we can make some profit based on whatever we prefer personally and not really focus on what other people are doing. One method could work for you while it could be terrible for me. That's a saying and it is a true one, I mean make money based on waiting for too long, like a decade, and not sell and I would be fine, whereas you may not end up being able to wait that long and just sell it when it crashes. Just find your own method.
hero member
Activity: 2786
Merit: 646
May 04, 2022, 03:58:15 PM
The only thing I will tell you is that is better you invest in bitcoin am not saying you investing in other altcoins is not a good idea but if you invest in bitcon then your profit is guaranteed but if you invest in other altcoins your chances of making profit is just kind of low because the only coin I trust in crypto space Bitcoin, any other coin apart from bitcon I don't really trust them. So I believe is better you just invest in bitcon.
Looks like your references on coins are too few so you only trust Bitcoin,
maybe we can take a look at Coinmarketcap and quite a few good altcoins,
coins like Ethereum,BNB,Matic and some other coins we can't ignore it and it will be profitable for long term investment

When you do like to engage with established coin/project for long term = BITCOIN
If you do really love to have other options aside from bitcoin = Top rank Altcoin
If you do really love to play with fire = Low cap altcoins
If you do really like to play with hell = ICO projects

Its up to you on what risk you could particularly able to bare out or tolerate because
this is something that varies on each person.
full member
Activity: 1064
Merit: 101
May 04, 2022, 02:58:53 PM
The only thing I will tell you is that is better you invest in bitcoin am not saying you investing in other altcoins is not a good idea but if you invest in bitcon then your profit is guaranteed but if you invest in other altcoins your chances of making profit is just kind of low because the only coin I trust in crypto space Bitcoin, any other coin apart from bitcon I don't really trust them. So I believe is better you just invest in bitcon.
Looks like your references on coins are too few so you only trust Bitcoin,
maybe we can take a look at Coinmarketcap and quite a few good altcoins,
coins like Ethereum,BNB,Matic and some other coins we can't ignore it and it will be profitable for long term investment
hero member
Activity: 1946
Merit: 575
May 04, 2022, 02:18:14 PM
To invest in this current time is all about doing research and what you are interested in. You don't have to jump on all advise given to you cause that may not be your part. Let your invest be direction to what you know most and you afford the time it is going to take to mature. When have different kind of invest from buying a coin and leaving it to grow to mining and other type of investment that is related to crypto currency. This is a crypto community so all your direction could be investment in crypto or other things that are related to cryptocurrency.

It took me a while to learn this but eventually I got it and it profited me a lot. I tried to profit as quickly as possible when I first started and tried to basically just focus on highest earners of the day type of investment, then did leverage as well. Now I know that it is not the way, and for the past few years I have been long term and as we all know past few years has been great. This is what I have been looking for. So if you are a newbie, learn to hold first because that is how you make the most profit you can, then if you profit enough it could be time to start your small time trading as well, or if you prefer you can stay long term anyway.
sr. member
Activity: 854
Merit: 262
Eloncoin.org - Mars, here we come!
May 04, 2022, 02:09:12 PM
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.
To invest in this current time is all about doing research and what you are interested in. You don't have to jump on all advise given to you cause that may not be your part. Let your invest be direction to what you know most and you afford the time it is going to take to mature. When have different kind of invest from buying a coin and leaving it to grow to mining and other type of investment that is related to crypto currency. This is a crypto community so all your direction could be investment in crypto or other things that are related to cryptocurrency.
hero member
Activity: 1344
Merit: 907
May 02, 2022, 07:13:22 PM
The only thing I will tell you is that is better you invest in bitcoin am not saying you investing in other altcoins is not a good idea but if you invest in bitcon then your profit is guaranteed but if you invest in other altcoins your chances of making profit is just kind of low because the only coin I trust in crypto space Bitcoin, any other coin apart from bitcon I don't really trust them. So I believe is better you just invest in bitcon.
sr. member
Activity: 1935
Merit: 290
May 02, 2022, 03:17:57 PM
Since i can't share your loss and gain in any part so my idea is to keep your research steady. Basically there has common think you should investment bitcoin and ethereum because both are trustfull and long time investment program. In my opinion a legend investor never follow other people idea because they have lot of idea where we need invest for make more profits.
hero member
Activity: 798
Merit: 573
Leading Crypto Sports Betting & Casino Platform
May 02, 2022, 02:54:44 PM
Best thing you should do is not too use a borrowed money to invest.
Do not invest in what you can't afford too loose.
Doing your own research is very mandatory, as this will help guide you in what too invest so as not to say , someone's else's comments suggested and I followed. So you'll be accounted for both your loss and gains.
Good luck in advance as you buy Bitcoin and hold for long term, but for short term and profit making, alternative coins will do this perfectly. Remember Do your own research and Hold!.
hero member
Activity: 1400
Merit: 674
May 02, 2022, 01:52:47 PM
Investment is a very important thing, with investment it can make our future better, at this time many investment offers that promise big profits, but in my opinion the investment that we deserve to choose is that it provides full control and can sell at any time so that it can help if there is money difficulty.
And what we need about investments that we completely control is right here in crypto. There are several factors that we must consider before starting to invest, one of which is as you said. That is my consideration before starting to invest in crypto. Without us realizing it, this kind of thing becomes important for us, because all control over the assets we own is completely in our own hands.
sr. member
Activity: 1526
Merit: 255
May 02, 2022, 09:28:17 AM
Investment is a very important thing, with investment it can make our future better, at this time many investment offers that promise big profits, but in my opinion the investment that we deserve to choose is that it provides full control and can sell at any time so that it can help if there is money difficulty.
legendary
Activity: 2380
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
May 02, 2022, 08:10:00 AM
Invest in people's interests. Find out which trend is ongoing because that is the place where people will invest more actively. A project can have a long-term vision but if people are not interested in that right now then leave it now and keep it in observation.

I think a 10 or 20 years plan of investment is bogus. We do not know what will happens after that long period of time. Also, I do not like to keep my assets as a sitting duck.
I agree with your opinion, Before you invest you should study first, I invest in many fields, I also invest in gold, and silver, but the investment that I am most interested in is btc, although there are many risks when we invest in btc, but I'm not too worried because I have proven myself investing in bitcoin is very promising and can get bigger profits, but the key to investing in bitcoin is that we have to be extra patient.
Well when we talk about investment it is not difficult for some people to jump in and recommend some projects, in fact the projects that some recommend may or may not have an uncertain future and more so with everything that is happening in the world, with an atmosphere of war, with pandemic, for me the safe thing is and always will be the BTC, anyone who invests in BTC will not lose, because it is taken into account that BTC is the safest investment in the world, even I give more importance to BTC right now than even to the same gold, or precious stones, because I know that BTC will have a new ATH and much juicier.
full member
Activity: 686
Merit: 107
April 24, 2022, 05:06:25 PM
a newcomer often falls into the fomo and hype trap in crypto investing, it's good to ask first..... I think investing 70% in CMC's top 10 is the right thing and 30% of other funds try to find their own coins or tokens which will provide a large enough profit potential, of course with research first so that you will get real knowledge and experience from 30% of the funds
legendary
Activity: 1792
Merit: 1296
keep walking, Johnnie
April 24, 2022, 04:06:26 PM
Never be afraid to invest, even if we lose then this is better than doing nothing, many successful people always start from losses so we will learn a lot about many things, and I recommend investing in cryptocurrencies because they prove to be investments that make a lot of money people become millionaires.
That's right, don't have to be afraid to invest, but need to be afraid to invest the wrong way.

The statement that loss is better than doing nothing seems dubious to me, and people who have lost all their savings on the wrong investments will completely disagree with you.

Losses are allowed only in those amounts that will not bring you serious damage to your well-being.

Also, it needs to be clarified that investing in cryptocurrencies should also be approached with caution. There are now many crypto's that are shitcoins, but investing in them is highly not recommended. For most of them will "die" and bring only losses to investors.
full member
Activity: 608
Merit: 154
April 24, 2022, 03:04:46 PM
Bitcoin is still a profitable investment in this 2022 and is far much better than a lot of the altcoins that you are going to find in the market. I understand that a lot of people buy altcoins because they do think more profit would come from investing their money in the Altcoins market than when they are investing in the bitcoin market.

But, leave all that, bitcoin is profitable, and especially when you’re going on a long term investment. Apart from that, it is also the safest choice you would make. Ethereum is the next coin that you can invest in. And I think with the next Consensus Layer on the way, we should expect the market to be really bullish.
sr. member
Activity: 1722
Merit: 252
April 24, 2022, 12:01:08 PM
Never be afraid to invest, even if we lose then this is better than doing nothing, many successful people always start from losses so we will learn a lot about many things, and I recommend investing in cryptocurrencies because they prove to be investments that make a lot of money people become millionaires.
member
Activity: 602
Merit: 11
April 24, 2022, 11:44:18 AM
This only applies to people that have huge capital at hand to invest. If we compare the potential earnings of bitcoin to other altcoins out there or to staking options that are currently available, any person can distinguish how much advantageous altcoins and staking them are compared to investing on bitcoin.
That's why I said in the short term, altcoins are better. Bitcoin is more of a stable kind of type investment, it won't grow big like when it first exploded into popularity, but it has shown in the past years that it has a consistent growth in terms of market price.

Altcoins are a lot better in the short term since they're new projects, and sometimes the value they have gets brought up sky high due to hype (or just naturally supply and demand early on) which creates the scenario for early investors to take in massive profits. Just that, there's WAY too many altcoins out there to even determine which are shitcoins and which are not, so honestly I wouldn't recommend it unless you have a lot of money to spare.
Even though the new altcoin has had a tremendous increase, it carries a directly proportional risk, so I think it would be too risky to allocate large amounts of funds. for funds of that size I think choosing top coins and altcoins will be safer even though the percentage increase is not as big as new altcoins, but with large capital, a small percentage will have a large nominal as well
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