Bitcoin Forum

6 Things Good and Bad You Should Consider Before Investing in Cryptocurrencies.

1)- Potential returns can be massive.
2)-Inexperienced teams. I mean to say Bad Experience
3)-Liquidity
4)-Technical difficulties
5)-Transparency
6)- Security

I recommend using a cold storage wallet that lets you control your private keys. Your private key is what allows you to access your coin on the blockchain. It's best to keep this key offline and in a secure place.

Investing in cryptocurrencies is very risky. The markets are volatile and the technologies are still quite young. However, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research.

Thank you for sharing your thoughts. I have not invested yet into cryptocurrency. I am not a risk taker. I cannot still afford to lose any single amount of money. I will do more research and learn everything about investing and trading in cryptocurrency in order for me to become successful in this undertaking.

Well I guess we're all hoping that at some point this year crypto properly takes off!!

Thanks to this good tips, it can help a lot in our decision making on how to select a cryptocurrencies which has potential profit in return. I love crypto and I  do understand that it is volatile but then I still going to invest in cryptocurrencies, it is not just ease to use but it give us opportunity to earn profits from it.

Learning and taking the time to understand is the key. ”

If you have money to invest and your here for a long term you don't need skills and analysis of some sort. Just invest some in the top 10 coins and wait for a year or two.

Thanks for the info about how we can do before investing our money to cryptocurrencies investment. It helps us to do our own research before jump into the crypto investment. Thanks once again.

very nice work! a great help for the newbies (if they read and maintain the steps) in Bitcoin.

You deserve a merit for this, all newbies experience the same pitfall they all thought all ICO are harmless and profitable until the first taste of getting scam or losing in a trade, this guide will help them to know the truth about cryptocurrency it's a short list but worth reading.

It's been a great work. In my opinion, before investing in crypto money, it is necessary to conduct a good research and pay attention to certain points. I need to understand that first. This market is at the beginning of the potential and some of the problems that are experienced can be devastating. For this reason, do not think fast and keep calm while moving. Besides, you do not just end up buying it, you should also know where to sell it at the same time.

Well the list you made is quite true and also you have mentioned the readers that before they invest they should do their research. What actually makes a good investor and trader is knowledge and experience. Whatever experience we have be it positive and negative we should learn from them since if we take it for granted we maybe repeating the same mistakes again and again.

Find out how much the crypto currency is common among users. Great interest, availability on exchanges, rising costs - all this indicates the popularity of digital money.Mobility. Choose a currency that can be easily moved.Security. A good crypto currency should be protected from scammers.

The points you had mentioned is good.All the traders should aware of this points,before starting a crypto currency trade.And you should take care of your security.Investing in crypto currency is always better than inverse in other assets.The profit percentage in bitcoin is more than other asset.

- Never invest what you can't afford to loss in crypto, it is not gambling but risk is just like gambling if you are newbie.
- Experienced trader can easily make thousands with day trading from crypto because of high volatility so it is not just a dark side of crypto.
- If you are newbie than the best way to multiply your money is hold for long time, don''t sell out of panic
- Also don't hold any coin even after you got over 2x return in less than few months or even a year, don't be too greedy.
- Never invest in multilevel marketing coin that promise to give high return over your investment and high referral commission on purchase.

 

Thanks for this solid points, they are very true. Newbies to cryptocurrency should note it. Always remember that your loss is another trader's gain and vice-versa. Never be greedy, never allow exchange or third party to have access to your wallet, always do your research to learn more daily.

-Don't invest on a coin because of hypes gathered from other users, do your research diligently.
-Try and get in contact with the project management team.
-see to the future of the project/coin if it is worth investing on.
-Don't act greedy when making an investment decision, invest only what you know you can afford to lose, not what you can't afford to lose.

These are my little contribution!!!

Thank you for brief but very useful information. I am thinking of doing investment but I have no idea and background to it. I am still looking for informations that I needed before doing invesment. I just fear of commiting a mistake because one of my friends have invested on an ico and he trusted too much,his 400 dollars got scammed,maybe this will be a lesson for me as a starting investor.

These are very informative especially for those who are starting to invest in cryptocurrencies. And always do your own research because not all coins are the same. I still do find time to dig in some research especially on new coins that are good for investment.

Very Sound advice especially about the greed part after getting even half of the capital that you initially invested, i think that's good enough profit for anyone to just sell and move on to another coin. Being greedy most of the time ends if you not getting anything in return.

7)- You need to study a lot to enter in this world.
8 ) - Don't trust people. EVERYONE could be your next scammer.
9)- Emotions are bad, always.
10)- Set your goals before enter in a determinated coins, or you will lose probably.

Said that, good luck to newbies, this is not so simply as you believe :)

Thank you for sharing this. It may help those people who wants or thinking to invest. They should make time to learn and think first before they are going to invest in any cryptocurrency. Because investing is really risky.

Nice list, never go for a website that offers x2, or x10 of your current holdings. You do not need them, actually you can double or triple your money by just holding it from a cold storage like trezor or ledger nano.

In addition, the management of emotions and a sense of gratitude towards whatever profit is very important. In addition, the key to investing, investing what you afford to lose, should always be remembered.

the most I worry about today is the level of security and technical difficulties itself, until now for some reason, there are still enough exchangers that are still less in terms of security, it is one proof that the investment in bitcoin is less attention to the security side

Your consciousness has given so much important ideas for the betterment. To invest in crypt-currency need to think before the 6 steps you have made. Investing is very risky. We should avoid risk as much as we can.

Yeah that is the most important thing to be not too excited nor too afraid when price becomes low, there are  things in life that really should calm down and relax while analyzing the market and not making decision immediately because you cannot control your emotion.

Cryptocurrency is a very attractive investment option as it becomes a trend and is very popular in recent years, unfortunately many people who only invest without ever knowing in detail, they only expect profit but when the price drop they regret and panic.

There are lots of cautions before investing into cryptocurrencies, from a coin's perspective to potential market of the platform. Even choosing an exchange is hard these days as many exchanges getting into hack or scam people.

You gave some real practical tips that will help new investors. I would like to add one more tips that one should never sell his coins in panic.

we all know that investing in bitcoin is too risky, its more risky than other investment platform, because the price in cryptocurrencies is not stable, we need to makes prediciton about that price in the future, from your thread i realized that there are many aspect before we buy a cryptocurrencies for investment

that's good brother I like your opinion thank you for sharing. it is very useful for beginner traders before investing

thank you for 6 reasons that we should consider when investing in cryptocurrency.

The best thing is that  bitcoin's price is keep on increasing and you don't need to work. You can just wait while BTC will rise and rise.

You list is quite good and covers almost all the points. But I think you have missed some important things which I would like to mention.
1. Make sure to diversify your investments. Don’t risk you money by investing them in one coin.
2. Be vigilant or careful. Selecting an organization like Block X that has a reputable team and is dedicated to conducting extreme due diligence will ensure your investment is safe.
3. Consider the community also behind the proposed crypto.

Oh boy there are so many things but most important of them all are
Gather information about the project
Gather information about the founders
Know about it's aim
Know how they are going to achieve their goals (read white paper)
Know about it's popularity in the market

Well, should always keep in mind that cryptocurrencies are highly volatile and hence there is a high risk/high reward game. One can not only earn exponential returns from it but also there is a possibility of 100% loss so it is extremely important to take the calculated risk and invest the amount less than the loss-bearing capacity of the investor. Bitcoin is a part of blockchain technology and it relies on the principle of decentralization. There is a distribution of responsibilities too and anyone is responsible for his own actions.

If you are planning to invest in cryptocurrencies make sure to spend at-least 24 hours of effective reading time understanding what is blockchain, what are cryptocurrencies, security measures you should take before investing in cryptocurrencies and so on. Please remember that no research is enough and you need to keep updating yourself constantly. What could have been true a couple of months ago might be completely wrong now. Technology, Finance, Investment strategies, Regulation and every other thing about cryptos is changing at such a fast pace that you need to update yourself on a daily basis. In crypto lingo it is called DYOR : Do Your Own Research

This is very good and helpful guidelines youve shared here especially for the new ones and for those who are aspirant cryptocurrency investors. Thank you for this👍

Thanks soo much for the information on how to go about things before investing in cryptocurrencies. It will go a long way to help us. Thanks again

right, before deciding to invest in a cryptocurrency you have to learn everything and how the risk is, the list you provide is very useful for us to know about the investment in the cryptocurrency

In order to start investing in crypto-currencies, you need to create your investment strategy. Select the amount that you are ready to lose. And strictly follow the strategy and not panic during the fall.

That's the things new investors should remember. Every investment involves some degree of risks even bitcoin, don't invest in anything you never understand. Do you own research and everything will be fine. Welcome to the crypto world. Hoping we all get rich.

Before investing in crypto currency you have to study first the basic about cryptocurrency because if you do not know  something on crypto you will end up loosing your crypto. So that you know how to protect your crypto when you start investing on it, and if you invest withoit studying and you have done something wrong you cannot recover it. In crypto if you did something incorrect you cannot recover it or you cannot change it.

This can help a lot of new investors. If they read and do some research on their own. You need to know what you are investing in. Bitcoin is very volatile so the Market goes up and down anytime. You need to know what you are in for

good analysis, I think the most important thing is not to panic when the market is experiencing a correction in a long time.

someone who panics when the correction, then he is not professional, has no knowledge and also has no strategy in investing.

so, in the end it will only kill itself. and its effects can harm others as well.

this is a very good suggestion of some of the things you mentioned and it is true as you say that making an investment in crypto currency there are many things to be aware of and all you mentioned. but I believe that an investment in crypto currency will still have a profitable potential.

Well I guess we're all hoping that at some point this year crypto properly takes off!!

Thank you very much from my profile, because all the points you give me will be very useful, all the marketers must be aware of these points, before starting a crypto coin trade. This guide will help to know the truth about their cryptocurrency, but it is a short list but reading value,।।।

That's right. Before you invest in cryptocurrencies, you have to conduct a research about a particular cryptocurrency you want to invest in. Bitcoin for instance is volatile and unstable so before you invest, know what you are going for.

yes it's nice that this will be a promising investment. I believe investing in crypto because I am interested in the technology hope this will be great for the next few years

To begin with, this is one of the most accessible ways to earn money on the crypt. To start such a business, you do not need to have a lot of money. If you have hundreds of five free dollars, you can safely proceed to trading. Just a sufficiently low "financial start" allows you to engage in trading a wide range of users.

Before investing in currencurrency, I think it will be better if that he or she learn everything pertaining cryptocurrency and also he or she should engage in research before purchasing any coin

Point no.1 potential massive of return, or potential massive for loss could be occurred later.
That is cryprocuerency, very volatile.
You should know it first so you won't blame crypto is a ponzi scheme or bubble later.

You should pay attention to coin tracking which is my favorite tool for tracking all my investments. It lets you auto-import your trades from multitude of exchanges and have some decent reports which lets you track your investments.

Yeah that is a good list, and everyone need to know the basic things before invest, beside of that you also need to see the goal of the coin, and also check the team, team is one of the important element, check how they handle the investors and how they introduce the coin, join their group, check their site, hopefully with extra research you can avoid being scammed and can be rich

I agree that the income in the cryptocurrency market can be very large. I bought bitcoin in the past year, in the summer. Despite the current price decline, I'm still in profit. But a friend bought bitcoin in January 2018 with borrowed money. He is very upset and does not know what to do now.

I also look at the road map and how it is implemented and what it is solving. For example I just invested last week in one coin called PUNDI X because not only do we hodlers get airdropped for the next 2.7 years extra coins for hodling, the roadmpap is implemented to the letter, with more and more partnerships happening by the day and the XPOS roll out will happen end of Quarter 2 which is literally next month and there will be token burning once transactions occur and transaction profits are made.  :). I won't get rich quick with this one but I might get very comfortable one day, albeit slowly.  ;D

this is not a clear suggestion though! when you want to tell people to be careful when investing and consider a bunch of things then you have to explain why each of these are important and what they mean. for example your #4 and 5 "Technical difficulties" and "Transparency" are too vague. even I have no clue what you mean about these!

But sometimes the luck factor was also influential,but if you want to long-term investment select the coins that are in the top ten,a reliable technique and experience a little bit not in need of just enough need incredible patience.Good luck

actually investing in bitcoin should be. learn first about how to time to buy and sell. after that you want to invest in the long term or short. if bitcoin length is more appropriate for investment. if the short term look for coin whose price rises and falls quickly.

Thanks for this good information this is a great opportunity to anyone interested in crypto.it is biggest help for the new investor.

I'm thinking of investing but I have no idea and background for that. I am still looking for the information I need before investing. I am only afraid of making a mistake because one of my friends has invested in ico and he is too trusting, 400 dollars are cheated, maybe this will be a lesson for me to learn what I want to infest

before investing in cryptocurrency we should learn and understand clearly what is cryptocurrency first. do not let us invest in something we ourselves have not memahaminha. in cryptocurrency there are so many tokens so it's important to know which token is good and which ones are not.

I think, before deciding to invest in a crypto currency then it must understand about investments and crypto currencies  that have volatile and ever-changing prices, so should be able to choose which coin will be more profitable for investment

Yes you are right before investing we need to learned about cryptocurrencies. Learn to accept the risks and we might lose if you don't know all about crypto. We must do our own research first and we must certain for our own investment.

I would recommend to the newbies that before investing to cryptocurrencies, don't fall for an ICO. You better start learning and investing to bitcoin only.
By understanding on how bitcoin portrays as the protagonist of the market, you'll learn all of the things that OP mentioned. And when you are ready to jump and explore with other coins, you'll know on how important it is to have holdings with bitcoin. Newbies who are introduced to altcoins will never understand the worth of bitcoin.

Yes indeed it is very risky to out your money into crypto. But the more risk you have, the more profit you will get later.
but cryptocurrency is good to invest for long term. i already saw many peoples gain their earnings because holding long.

This 6 things must be remembered when dealing cryptocurrency, this our guide when we do the task. This 6 things must be studied and apply in your work.

Get to know the pros and cons of investing in cryptocurrencies. Only after your understanding the risks and rewards fully you should consider looking at dos and don’t of investing.

Yes, as we are discussing this in Bitcoin section, so stop considering for invest to altcoin and keep hold your Bitcoin tight (advise for newbies), investing on altcoin more over on ico project are needed more research and info's about the team, too risky for newbies whom not ready to losing his money. HODL BTC are the best  :).

Investing in crypto currency is a big risk. When investing, you do not need to rush. I would not recommend investing all savings, it is better to divide it into parts.

Thanks for sharing your idea.It really helps a lot especially for newbie like me,I should not go investing i had to learned the pros and cons before i go through it.Like now the market is so volatile we should wise before investing.

I'd preferably say that considering this thing can affect the mind of someone within regard to investing which is not honestly the big factor to consider thing when investing into something general knowledge first, to this common field of risk riskier task that might upon cast to us secondly news to what alt you'd want to invest its better to understand the depth of the river before diving.

learning and understanding of the rules and regulations of investing is mandatory for bitcoin users. if you use bitcoin just for toys only and do not invest then we will never feel what it is name of profit in large quantity. if we are not wise and conscientious we will experience loss or the other.

first understand the risks. the most important here is that we know the risks and consequences of investing in crypto. so that we will not panic when prices fall, and not surprised when prices rise to the moon. we also have to manage well, the capital we have and how many coins to buy. it would be wiser.

Before investing bitcoin you should think about the pros and cons example the potential profits that you may gain if you invest. Also try to search it first if what you invest is legit because there are lots of scammers out there. Also do not expect to much and you dont need to rush in investing to bitcoin.

I invest only in coins that are backed by good projects. I generally keep referring to them as projects because that is what I am investing in. There are many good projects which can change the nature of the world we live.

 You should play around with a small amount that you consider meagre. You create accounts, buy bitcoin, buy altcoins, do some trading, participate in a good ICO and so on. You can do all these with a small amount and once you are comfortable then you can bring in the big money. This is My suggestion.

Yes I really agree with you because by doing so we have the opportunity to get a very useful experience in training our skills.
Starting with a small capital will make the risk becomes smaller. It is the most effective way to start and study cryptocurrencies.

If you are planning to invest in cryptocurrencies make sure to spend at-least 24 hours of effective reading time understanding what is blockchain, what are cryptocurrencies, security measures you should take before investing in cryptocurrencies and so on. Please remember that no research is enough and you need to keep updating yourself constantly.

You have to remember that never invest in something you don’t understand. Without understanding what you are getting into don’t risk your hard earned money. Get to know the pros and cons of investing in cryptocurrencies. Only after your understanding the risks and rewards fully you should consider looking at dos and don’t of investing. Once you know the dos and don’ts then finally start investing.

Thank you for sharing your tips and thoughts about investing in cryptocurrency. Even I don't have any monetary investment in cryptocurrency yet, I invested a lot of time and effort in researching, doing bounty campaigns, and learning about crypto. I just hope that it will be helpful to me one day and became successful in crypto.

It's been an incredible work. As I would like to think, before putting resources into crypto cash, it is important to direct a decent research and focus on specific focuses. I have to comprehend that first. This market is toward the start of the potential and a portion of the issues that are experienced can be decimating. Thus, don't think quick and resist the urge to panic while moving. Additionally, you don't simply wind up getting it, you ought to likewise know where to offer it in the meantime.

Carefully consider your funding and understanding of it

Indeed! It's best to find strategies and study market movements to help reduce risk. Experience and knowledge can help a lot to be well-aware about the nature of investment. Investment is full of risks so it's important to learn how to manage risks and be creative with decisions. It's not also always success that it can bring, so we must be ready to take the challenge to improve and be productive.

 Investing in Bitcoin is too risky but As a newbie this information is the biggest help to us..For now All I can do is more research and learn how to invest in Bitcoin.thanks the idea.

Before you invest in e-money you should find out about the coin you are looking to invest in and moreover you also need to find yourself a reputable trading platform for you to trade safely.

Better to do this first, investigating and studying each project that you are aiming to support before placing your money is the right idea behind crypto, as we are in the new era of system where people are also aiming the same thing, with enough knowledge and good understanding you will be able to succeed,
but before you can do that a lots of considerations that you needed to assess, things that will lead you into a good decision making and keep you in the right track, invest with enough amount that you are willing let go and always have second options and plan well.

Invest only spare money so if price falls then you don't need to exchange that currency in low price. One thing invest only in those altcoins which have strong team behind.

one important thing to watch out for, use money that you really will not need for your life. and do not use all your assets to invest. or you will be stressed when you lose.

if my opinion we have to be careful before investing in crypto currency, what else if investing in ICO then we should read the description of the ICO project so as not to get a scam ICO project.
if investing other than ICO that is like in bitcoin and altcoin then we should invest on coins that many people like and buy it when prices in the market are down.

Yeah couldn't agree with you more that much research needs to get done before investing into any ICO since a large amount of them arre scams. Most of them are going to be worthless very soon just like most websites/companies during the dot com bubble became worthless after the big crash so will blockchain companies and only a few of them will survive. (like Coinbase)

Everyone wants to make a lot of money by investing in bitcoin but before you invest in bitcoin, you have to think carefully. Investing in bitcoin can be a huge benefit but besides, it's also risky.

Bitcoin can change the  future. So most of the people believe the bitcoin. So learn the bitcoin process and history. Then get more ideas and improver your knowledge. It time to change  price. So time to complete the work you get more profit. If use bitcoin you get other country information. So It good opportunity of future saving. Coming futurcounte bitcoin will be change the world. People growth is country growth. So bitcoin help to people future growth. It connect the other country people. So it help to get more information and improve the business for next level. It change the people life style.

You must gain knowlege,have a perfect timing and patience. Investment is full of risks so it's important to learn how to manage risks and be creative with decisions. It's not also always success that it can bring, so we must be ready to take the challenge to improve and be productive.

You can not be an enthusiast and invest in cryptocurrencies, however, as you say, it is better to understand the basic principles of technology and commit to change. How to invest in something that you do not understand simply by following the thoughts of others?

the idea should be to invest in you and then in business so it is better to invest in a good course and then start

Before investing in cryptocurrencies you should know the risks and the possible consequences that might happen to you and to your money when you invest in cryptocurrencies because it is not like the stock market that have a physical company to complain when you lose money because in cryptocurrencies, it is almost all digital.

I agree on this, but the most important consideration should be the working behind the project. Make sure to check out the credentials of team, the previous work they have done and background of the team. If the team is actively working on the project, it surely has a good potential for growth abd development. The success of the project is all dependent to the team, even the project is so good it is useless when team is not well working.

investing cryptocurrency is  very risky. You can either gain massive incomes or massive loss.
but i think as an investors, we already know about the risk when we invest. our money is in our own control.

their are alot of things that we must consider before making it into cryptocurrency,,
we must able to know the potential of the coin

I completely agree. It is also important to perform a background check of the team. It is important for the reason that it could help you check their performance through time whether it is good or bad. If it turns out to be bad, at least you have become aware of the things (or some things) that you do not like.

it was really very helpful for me.

Always remember that your loss is another trader's gain and vice-versa. Never be greedy, never allow exchange

Some things You Should Consider Before Investing in Cryptocurrencies.

*Inexperienced Experience people.
*Liquidity
*Security
*Transparency

Always you should remember that your loss is another trader's gain. Os, never be greedy.
And most important thing You must gain knowledge,have a perfect timing and patience.

Everyone must follow those things very carefully because all of those are very much important.

I agree with you that before investing, you really need to be prepared and not to buy at will. It is necessary to spend more time to understand the project. This will make your investment more valuable.

If we want to earn a big amount of profit then we must follow this things very carefully.

thank you for share your exp

Carefully consider your funding and understanding of it.

Thanks a lot! I absolutely agree with your approach!

Hi there mhsingh! Those things are great pointer and tip to those who are just starting to invest their time, effort and money into bitcoins. The first one is very eye opening, but I hope that should be not the only reason why people invested in bitcoins. People should have invested in, not just for profit but also to promote the use of bitcoin, help the community to solve currency problems thru bitcoin. Even though cold storage is good, there could be disadvantages of it. I still have my trust in the online wallet provided by the reputable companies.

Before investing on something, you must need to search about what you're investing, to gain knowledge on that thing, to be able to to know its potential and characteristics and the process on the market. And before investing make sure that you have already accepted on what will be the outcome of your investment, even if its a success or fail.

This is really helpful to those who wanted to invest in crypto currency.  It is true enough that those factors should be present to be able to  know how it works. Well informed investors have highly possibility of success because they already know what to do and not to do to have a safe and great investment to invest with.

Those thing are the thing that you need to know if you want to start to invest in cryptocurrency. In addition to that, if you want to invest in cryptocurrency you must have some knowledge or background from it so that you could not lose your money or capital.

Before investing in cryptocurrency we must learn to understand clearly what is cryptocurrency. We need to know the market before investing so we can benefit from it.

The most important points one should know before entering the crypto markets is that this market is extremely risky and volatile and that you could end up losing your entire portfolio in a second. It is very easy to get you coins hacked or stolen and one needs to take safety measures to prevent that from happening.

Yes this is a great job. According to you, before investing in kriptocurrancy money, it is necessary to do good research and pay attention to certain points. You have to understand that first. This market is at the beginning of potential and some of the problems experienced can be devastating.You have to keep your security. Investment in kriptocurrancy currencies is always better than upside down in other assets. The percentage of profit in Bitcoin is more than any other asset.

Thank you so much for this wonderful.idea you had given to us. We will now be guided in these idea on how to invest well so that we can avoid loss.

Before investing you have to measure few things , i think you are right in your all points. I measure two things before investing --
the Market cap and the circulation flow of the specific cryptocurrency.

That is a great idea you shared for us here. I am a risktaker. I will do invest in coins which I believe can give me profit. I got scammed before but that situation leads me to success in investing and trading because I have learned something from my fault.

I recommend using a hard wallet that lets you control your private keys when you have  big asset. Your private key is what allows you to access your coin on the blockchain. It's best to keep this key offline and in a secure place and must talk some infomation to member in family.

A Great help for the newbies , if they read and maintain the steps in Bitcoin. And If you have money to invest and your here for a long term you don't need skills and analysis of some sort.

1. Research first
Make sure you have done your research before deciding to invest in the digital currency you choose.
2. Start slowly
For beginners, start to invest digital currency slowly. Do not rush to put all the money you have to buy the digital money you choose.
This way you will be able to learn first about the movement of digital currency.
3. Keep creating additional portfolios
Its fluctuating value makes it impossible to put all your money and investment right away. Can-can, when the price falls then lost all the money you have invested.
4. Follow the progress of the price
The value of the digital currency continues to move every minute. Therefore, you need to monitor the movement. With a warning if the movement has reached the value you want. After that stay you decide, want to buy or want to sell.
5. Smart choosing time when buying and selling
When you already have a digital currency, selling and buying things is not easy. Need a good foresight in doing so. If the origin of the sale could be, the price could fall away from the purchase price.

Transparency is very important for investors but it is difficult for projects to provide this because there are somethings which investors would not like to hear are involved in projects mostly, so I can't expect them to be transparent.

Thank you for sharing this precious, it will be very precious to us

This is not too hard, but you need to choose a potential ICO, you must find out about that ICO to avoid being scam. You need to find out what is the reward level, the duration of the project, you need to parse before join.

There are lot of things to consider before getting involve in cryptocurrencies. Remember that it demands high risk so be careful before making a decision of attaching yourself to it. Make sure that you are capable enough and has the courage to be in this system. It's not just about you getting from bitcoin because in reality the price to pay is very high not talking about the money.

Thanks for giving a guidelines about investing it is big help for me, before I start to invest in bitcoin. Bitcoin give us chance to learn that's why bitcoin give us guidelines before we jump to investing in crypto. Bitcoin want us to become successful and bitcoin know is not easy to join in investing if you have lack of knowledge about in cryptocurrency.

Thank you for your review. It will help many newbies in this world of cryptocurrency . Also i want to add in this review the use of a descentralized exchange to have full access to your funds

I agree with your assessment and experience. In addition, we should also understand the nature and existence of the crypto market is changing from the needs of the user and the utility of the coin. That is the benefit and also the risk. So, before investing in crypto. we should prepare your plan and knowledge about the utility of the coin to grasp the trend and its value. In addition, investing in cryptography is a long term commitment and requires high patience. Effective investment always requires good preparation and start-up.

Before investing in cryptocurrency first you must know everything what is crypto, and how it works. So that in near future you will not regret that you invest in crypto.

Weeeellll... Everything? Who will ever know everything about cryptocurrency and "right investing"? True, it's important to stay informed and to do your own research, but more importantly, know what your goal is.

Do you want to day-trade?
Do you want to buy crypto and use it for stuff (tickets, electronics, ect?)
Do you simply believe in the ICO project and want to HODL?

Far as I am concerned, there are a few basic rules:
- Start small, get familiar with the market
- Diversify (so, don't "only" go for Bitcoin, but maybe take a look in other cryptos or investment options as well?)
- Keep track of market movements
- Don't make decisions based on emotions (often people create a hype on media / telegram ect..).. Do NOT fall for it
- Don't lose your nerves when trading Bitcoin (or any crypto). Yes, it will go up and down..but if you panic-sell, you're only making it worse.

I'd suggest taking a good read at the various crypto info-sites, if you want to get a better picture.

Found a really beginner-friendly explanation (in a few languages) about Bitcoin investment tips :Here (http://" https://kriptomat.io/en/bitcoin-investment-tips-for-bitcoin-trading/")

Good luck!

investing in cryptocurrency is very risky. you may lose all your money in one mistake. even though you already knows a lot don't stop researching. always do your research because it will save you a lot.

Well investing in crypto with full of knowledge and lot of experiences do not guarantee you not to lose anymore.Of course losing is inevitable so you really have to take risks and be updated about the current news in bitcoin particularly on the movement of its price market.It could be a means to minimize your losses somehow.

The problem with cold storage is that you can't simply trade it and take profit whenever you see the price had already reached its peak. If a trader keeps his coin on cold storage, he can't sell it right away. We all know the volatility and prices can sunk in just minutes and if you have to send it to an exchange, it will take more than a minute while others are already sending millions going to their bank accounts.

All of that are correct because you need to know how much you could if you invested on that cryptocurrency. You must conduct some studies to that cryptocurrency before you invest and you must have knowledge about it so that you can avoid losing money.

Start small, get familiar with the market - this is the most important for me, as a beginner. Not going to invest a lot of my money into something I know so little about. Read a lot, invest small and see how it goes.

Great tips in this topic, btw. Big thanks to everybody. :)

Good list, might have been more helpful if you provided some sources of information about the above, I would also recommend people look into a few of the following when first starting out.

1. Different exchanges, e.g. Binance, Bittrex and KuCoin, find out which one works best for you in terms of cryptos, fees and features
2. The different types of wallet, web-wallet, cold-storage, hardware wallet etc. For newbies, you'll probably start with a web wallet such as blockchain.info, these are simplest, but not the best.
3. Look into ICOs early, as you'll eventually find your way to them anyway.

Before investing on crypto currency. You need to fully sure that you're on to it. You need to study first the basics, advantages, disadvantages, the market, of the crypto currency you are going to invest. I dont guaranteed that if you know all of that is that you are going to success, this will just help you a lot on your investments, for you to success on it.

Thank you for sharing this very informative post. Yes, it's true indeed that investing in cryptocurrency is too risky that is why before investing a person has to study every details of information in cryptocurrency. A person has to analize and fully understand all advantage and disadvantages of investing in cryptocurrency.

thank you for sharing your experience. it can help me alot

Before investing in cryptocurrencies, you must read a lot before entering the crypto world. You need to contact experts and conduct a thorough research before investing

Yes, make sure you've done your research before deciding to invest in cryptocurrency. You must really understand the risks, benefits, and how the system works first.

For beginners, start to invest cryptocurrency slowly. Do not rush to put all the money you have to buy digital money. That way, you will be able to learn first about investing in cryptocurrency.

Before you invest in any cryptocurrency, you have to have the knowledge, (I mean the in and out of what you want to invest to), you have to  check for the merit and the Demerit And mostly  followed up with the information about it

Three things matter when you are doing trading.
Research
Research
and then last is your luck, sometimes your research fails and the only thing which helps you to get some profit is LUCK !!


One more suggestion for all of you is always invest your spare amount and once you get profit or that currency pumped sell your coins and enjoy with the profit you gained.
Don't be greedy!!

It is quite a remarkable advice. Short, and straight to the point. You are good to go if you apply it.

Well said but even if you follow all these advice there is still no guaranty of profit in a short term, great projects are long term project so add patience to your virtue, there are coins for short and long term and you should have both of them.

I half-heartedly agree with you, before investing in crypto-currencies, you must fully understand this area and realize all the risks! Do not immediately invest a lot of money, most likely you will lose them, simply because you do not understand the behavior of the market!

before you make the decision to invest in cryptocurrency, i think the best way you shoul do first is depending it in who you are, how necessary the role of Bitcoin in your life, and how deep is your knowledge in Bitcoin and cryptocurrency world. This is because crypto world is very fluctitive, and if you really want to gain a profit not a loss you have to knowing deep knowledge about crypto world. So, if someday the price of Bitcoin is down, you can handle it wisely.

This is really good advice. Beginners, read this carefully and do not think that newcomers are lucky and you will immediately become rich! I would add that it is worth investing the amount that you are ready to lose. Do not mortgage your house to buy bitcoin

Nobody should start big... if you're new to crypto, get used to the market and learn about how it "moves". Spread out your investments and don't fall for the hype.

Also, nobody really talks about this, but think hard about what you actually want to achieve - why do you want to invest in Crypto...  To day-trade, to purchase goods&services, to keep the cryptos long-term and hope for a rise in their worth...? 8)

first you must know the potential and the security. because without this all your invest will result into nothing. rather than that maybe it will result into scam. so it is very important to gain knowledge first know about everything for you to be secured or else all your hard work will be lost. that's why we must be alert and research everything.

Investing in bitcoin is good choice but you need lot's of knowledge and information and all the details about in bitcoin. It is big help for you before you start to invest in bitcoin. If you quickly to invest in bitcoin in without knowledge and research I am sure your investment it become to zero
 

You are right with those things, before investing people should know and have the knowledge of what they're doing because once they invest into bitcoin one slight wrong movement might cost you everything. Bitcoin is pretty much a risky investment but once you got to know how to speculate how it's behavior is then you might get a hold on with it and really manipulate things to get your profit.

I impress with your post. Your post gives me a good experience. There are some fraud coins in market. A good research helps us to beware from fraud.

Yes I agree with that, earn money in cryptocurrency just like we work. We need effort to get the income we want, but the difference if working in a company the results that we will get is determined by the company, but in cryptocurrency someone can produce whatever he wants depends on the hard work that he did. At least 6 reasons above will be a special satisfaction for someone who wants to start, as we know a lot of negative news about cryptocurrency but with this thread will help restore confidence for newcomers.

Thank you for your invaluable insight. I believe that Crypto is very risky, but in the end it is worth the risk. Yes, there are security problems too but they are backed by blockchain technology. PRG, for instance is very secured and it is coming up with its Paragon Space, which shall give unexpectedly high returns.

It is true. As a Crypto user I would yes, definitely there are a lot of risks associated to Crypto, however, once we receive the returns, the risks do not matter. TAU for example, helps its users earn great profits. Secondly, the blockchain technology used by Crypto allows the information to kept privately.

With a high probability, we will see a rate of more than $ 20 thousand for bitcoins in the first months of 2018, closer to the spring, we can wait for a crypto-currency crisis, which may happen due to the bankruptcy of a huge number of ICO projects ...

These are good advices everyone can stick to to be successful. Crypto is not a platform where you are guaranteed of immmediate profit within few days. There are ups and downs and if you learn enough and become patient, all things will work for your good. I like crypto investment because it has given all that i have and i invest with extreme caution.

 I am  a risk taker so thank you for your information.
I'll keep it to remind myself.

TRhe ups and downs come but it comes only because of those people who are not the typical investors and who just wondering for the profit and heard for bitcoin and put their money in it and when they saw some correction in the price of bitcoin and some bad news then they started to withdraw their money on a high scale and it harmed it because people are thinking it as a volatile currency and they then fear after that investment.

Modern technologies. The creation of digital money is based on unique technologies used throughout the world. You can use crypto currency almost in any country (with a few exceptions). Therefore, you can earn in a convenient place and at any time

Thank you for your information. I'm new to crypto so this much be something helping me.

In addition to these six things, there is one important thing that is a very volatile price. So we must understand the market analysis to determine the position of selling and buying properly.
In addition, we must also understand that in any investment, including in the world of cryptocurrency, we must understand the risks. So, do not put eggs in one basket and never invest what you can not afford to lose.

Investing in Bitcoin is too risky but As a newbie this information is the biggest help to us..For now All I can do is more research and learn how to invest in Bitcoin.thanks the idea.

      Investing in cryptocurrency is easy but too risky. You need to learn more before  investing and consider many thing. It it a good help and guide for every new here in crypto that want to invest and take some risk by putting their capital investment here in crypto. Always remember in investing that crypto market are so volatile,every price are rapidly change. You may win or loss,so only invest money that you can afford to lose.

You should know before investing on crypto that it is a long term investment.
Don't expect to gain 10x ROI in short of time, but there are some project like that due hype sometime.
Just invest on it, and enjoy your time.

If you investing in crypto always think the potential of token and how much you can earn, and the security of token because sometimes they have a scam.

Actually sells when prices start to fall. not always a bad thing dude. if I knew the price would go down this deep as now. I would certainly sell it at price $15k a few months ago while there is still a chance and the price is not too deep down. sometimes panic also saves you

That's it... IF you knew.

Nobody predict the future, nobody can (100%) predict how the masses will behave. 

At 15k it might just as well jump up to 20k, and you would be mad, that you sold.

See :) All depends why you're into Bitcoin in the first place.. trading, hodling? Something else?

The goal in investing is to earn profits, including investing in Cryptocurrency.
Your advice is very good, just add to all of us, read aloud about the world of Crypto to increase our knowledge of all to avoid risk and earn a large amount

The biggest thing one needs to know before investing in cryptocurrencies is how to secure their coins. Getting hacked and losing all your coins is very easy in crypto world. And there is no way you are getting your coins back once you get hacked or lose them. So take utmost measures to secure your coins once you buy them and always take extra precautions to make sure they are safe.

(my advice). Before Investing in Cryptocurrencies
1. select a coin / token that has good value and quality.
2. select coins that already have high trust value such as btc, eth, bch etc.
3. invest more than 1 type of coin. so you have a great chance to earn bigger profits.
4. always read and update the latest information about crypto.
5. always learn to get more knowledge

Before making an investment into bitcoin or other cryptocurrencies, it is good to analyze better and understand better about the risks associated with it. Some come in a blank mind, and easily gets trapped by the scammers.

Before you invest in any cryptocurrencies you should have any knowledge about that crypto and its positive and negative side. Also if it is profitable enough for you or can triple your capital. Also you should have a strategy in order to play your cryptos orderly. You should choose a secure crypto you could secure it in a cold wallet or online wallet depends on you.

since the goal in any investment is profit making, you have to know the strengths and weaknesses present in the investment which in this case is cryptocurrency. this knowledge will help you to determine the amount of profit you would make at the end of the investment program.

Just like in anything you will enter what you importantly need to do is to know what it is all about. Many people now a day just enter immediately to something that they see that are in trend or in a hot topics. Just like the rapid popularity of crypto currencies which were been so popular of giving a lot of profit for its investors. Well everyone wants to get a huge profit but there is no guarantee profit if you don’t know what you are unto. So what i advice is to study hard first before you enter here or to any investment because there are no easy money in this world.

Yes your opinion is good and its really helps by other,i have a little advice too,before you invest make sure that you have a research or make a resaerch about their project and team and be active about what they are doing in this case you will know if it have a chance to turn into scam ,and be strickly about chossing some altcoin to invest.

There are a lot of things to consider during investing in bitcoin. You must also set goals so that you can consider when to hold and when to exchange. You must also set limits in order not to lose or earn higher.

Always remember that when you invest in cryptocurrencies, there are no assurances that these coins/tokens that you have invested will survive. So always spend for investment that are worthy for you to be lost. If you can't afford $1k worth of investment then dont spend that much. And always keep your coins on offline wallets or hardware wallets.

We should surely increase our knowledge before we go to invest in crypto currency, we need to remain in touch with those who lose and who won, as losers will share about their mistakes that we will not do and earners will share their skills that we will try to learn and apply for our good profit we can explore google in this regard as well.

Looking after your post reminds me pretty much about every bit of challenge that I keep facing all the time. Technical difficulties and transparency is what we have all the time that is keeping the balance of everything. However, when we enter the cryptocurrncies we are actually putting ourselves at highest risk but let’s not forget that high risk can give us huge money back too. Many became succeful investors and many more millionaires. That’s what keeping me inside this system and I just love it.

Definitely correct. Being engaged in cryptocurrencies seems to be very risky. The market is very volatile in nature. It is like a seasonal products, there is a bullish and dip market times and moments, but not only the cryptocurrency itself but also mostly all investment industries: Gold/ Minerals, Real Estate, Foreign Exchange, Exotic Cars and etc. One thing is for sure, being a risk-taker entails more profit.

These are some of the few things that you should consider before investing in cryptocurrency. Before investing in cryptocurrency, you must gain knowledge on what cryptocurrency is. After gaining the sufficient knowledge about cryptocurrencies, you can ask different people about their experiences in investing to cryptocurrencies. In that way, you could avoid the risks and reach your goal in investing crypto.

We all know that cryptocurrencyctoday is obviously a really big thing when it come in investment even dough it is not made as an investment instead made as a cryptocurrency or a currencycto be use the demand of these token is really high in the market making it increase and skyrocketed its value in the market but still investing in this cryptocurrency doesnt give you a prpfit as always supply and demand always control the market.

Is would have been better to invest one year ago, two years ago or six years ago. But if you understand the potential of also be found and if your belief in their vision of money, today might be the best day possible to start investing in it.

In order to start investing in crypto-currencies, you need to create your investment strategy. Select the amount that you are ready to lose. And strictly follow the strategy and do not panic during the fall

Thanks for your information on how to invest in Cryptocurrency, but i have not yet invested on something. This will help me in the future if ever i try to invest in to Cryptos

Before investing in cryptocurrency, you must gain knowledge on what cryptocurrency is. After gaining the sufficient knowledge about cryptocurrencies, you can ask different people about their experiences in investing to cryptocurrencies. And there is no way you are getting your coins back once you get hacked or lose them. So take utmost measures to secure your coins once you buy them and always take extra precautions to make sure they are safe. Always remember that when you invest in cryptocurrencies, there are no assurances that these coins/tokens that you have invested will survive.

It's a long-term investment. Well, it depends on each passion. The important thing is we have to understand the risks we will face, let alone the price of cryptocurrency is easy to change, even just because of unproven issues. So, we must have a strong mentality and stance based on the accurate analysis. It's all a process that takes time, enjoy every process. Profit and loss is a lesson.

Investing in cryptocurrencies is very risky. The markets are volatile and the technologies are still quite young. However, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research. There are many cryptocurrencies online that are still trusted. Live.edu. Education token is probably one crypto currency that is very much in popular right now because of the benefit it gives to its learners and content creators which is the LEDU TOKEN,  which can be bought sold and trade outside of the ecosystem just like any other cryptos.

Cryptocurrency is a tricky market to deal with as it's volatile and highly unpredictable, investing in it needs  proper dedication and good market research to ensure that  you don't get it wrong when it comes to decisions on where to put your money, there are a number of coins but jus a few are worth investing in

Good! But it would be great if you can elaborate those points a little bit. As a really new person to this area of cryptos, I really appreciate it!

Nice tips, I would also add "not to invest more than you can afford to lose", during these months I've read stories of people who sold the car or even the house to get money to buy bitcoin, that's craziness...

Well I guess we're all hoping that at some point this year crypto properly takes off!!

Before investing in crypto, we must prepare ourselves for the risks that exist, because the value of crypto is not stable. Do some research first to make sure the crypto coins we buy are really good.

This is very risky but big risks come with big possibilities of return. The most important thing is to be vigilant at all times. Read and understand well how this stuff works before jumping into decisions.

Before investing in any crypto currency we should learn about the project and the team behind it,and road maps, don't invest without any knowledge about that particular coin and we should prepare our self to affordable lose, IF you are going to invest in crypto you should aware about the market condition because crypto markets are very violated and very risky also, so invest money only if you are ready to take risk. IF you are lucky you can earn good money also

in this case, you can not rely on someone else's opinion, you need to take into account a lot of small factors, otherwise you will be left with nothing! especially it is necessary to know for newbies

It may help those people who wants or thinking to invest. They should make time to learn and think first before they are going to invest in any cryptocurrency. Because investing is really risky.

In order to start investing in crypto-currencies, you need to create your investment strategy. Select the amount that you are ready to lose. And strictly follow the strategy and not panic during the fall.

Unfortunately, the best learning is on the wrongs. We can not avoid this here. It is important to limit the risk of losing money. Be alert and patient and everything will be ok :).

You also very knowledgeable about bitcoin,you are a risk taker because in cryprocurrency there is a high risk.And ofcoarse you know that the crypto that will you investbis legit so that your money will not wasted.

 it is good instruction for people who want to start, as for me I study only 4 of them, i have to work with, thanks

The focuses you had specified is good.All the dealers should mindful of this points,before beginning a cryptographic money trade.And you should deal with your security.Investing in digital currency is constantly superior to opposite in other assets.The benefit rate in bitcoin is more than other resource.

Yes I also agree with that once you have entered into cryptocurrencies especially in Bitcoin the success rate is more higher than other business so you can definitely get something in it the laws are happening sometimes but it is companciate with the profit so you can no worry in Bitcoin .

This is a must, we have to do research about everything we want to do. It aims to avoid failure, and it also helps us minimize the opportunities we have in order to succeed. Cryptocurrency is unlike any other currency, which is almost always the same every year. But in case of cryptocurrency, they always increase in number from year to year. It is evident from the number of existing ico or the ico that has been completed.

Investing is really risky.Thank you for sharing this. It may help those people who wants or thinking to invest. They should make time to learn and think first before they are going to invest in any cryptocurrency.   

Thank you for your advice and helpful to our novices. I hope to see such good articles in the future!

You should play around with a acceptable amount that you consider to merge. You create accounts, buy bitcoin, buy altcoins, do some trading, participate in a good ICO and so on. You can do all these with a small amount and once you are comfortable then you can bring in the big money. This is my advice.

I completely agree. It is also important to perform a background check of the team. It is important for the reason that it could help you check their performance through time whether it is good or bad. If it turns out to be bad, at least you have become aware of the things (or some things) that you do not like.