Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: psoo7 on August 18, 2018, 07:43:33 AM



Title: Don't invest In Bitcoin and Cryptocurrencies if you don't follow these things.
Post by: psoo7 on August 18, 2018, 07:43:33 AM
Title was just to bring the attention of Those who are thinking of investing money in bitcoin or any other crypto currency.

A few things you must keep in your mind before investing in Bitcoin or any other crypto currency:

1.Make sure you have read the whitepaper of bitcoin or the currency you are thinking to put money in.
2.Crypto currencies are not just for making money.
3.There are no guarantees of profit.
4.You can loose all your money so invest only what you can afford to loose.
5. Don't panic when market fluctuates because its not only you who is controlling the market.
6.Do not buy and sell in FOMO(Fear of missing out) & FUD(Fear, Uncertainty and doubt).
7.Take opinions but Do your own research before taking any decision.
8.Do not forget to check the bitcoin forum to know more about that project.
9.Last and the most important: Patience is the key.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Caogou on August 18, 2018, 09:17:01 AM
Your suggestion is very good, but the cryptocurrency is available for purchase. Newcomers recommend avoiding ICO, altcoin, and FOMO gambling games. You can try to buy the top ten coins in the market.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: sourish on August 18, 2018, 09:50:57 AM
Sensationalism helps but i think most here are way past these pointers.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Fionagreen on August 18, 2018, 09:57:08 AM
Yes, what you say is very interesting. But I'm worried about my coin investments in BTC and ETH. Too tired of the market.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Bharathi13 on August 18, 2018, 10:02:35 AM
Title was just to bring the attention of Those who are thinking of investing money in bitcoin or any other crypto currency.

A few things you must keep in your mind before investing in Bitcoin or any other crypto currency:

1.Make sure you have read the whitepaper of bitcoin or the currency you are thinking to put money in.
2.Crypto currencies are not just for making money.
3.There are no guarantees of profit.
4.You can loose all your money so invest only what you can afford to loose.
5. Don't panic when market fluctuates because its not only you who is controlling the market.
6.Do not buy and sell in FOMO(Fear of missing out) & FUD(Fear, Uncertainty and doubt).
7.Take opinions but Do your own research before taking any decision.
8.Last and the most important: Patience is the key.


All this points have already been discussed by so many members on the forum already but thanks for making this point to come again in the picture. But I feel now a days trends are changing only 20/100 peoples read the whitepaper. Newcomers are looking for paid trading signal group or ICO shillers to invest their funds and follow them like goats. I feel very bad for them as they loose their chance of learning something new about the project they are investing in by depending on the signals and paid shills.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: btcluisdiki on August 18, 2018, 10:05:39 AM
Yes,  I agree with the comments of the author and the best thing before getting involved with cryptocurrency is to gain more knowledge about  bitcoin.  If you have knowledge about btc then you are near to become successful with your goal in cryptocurrency.  Always take note that if you are planning to buy cryptos it should be in bear market where price is low.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Bharathi13 on August 18, 2018, 10:15:12 AM
Yes, what you say is very interesting. But I'm worried about my coin investments in BTC and ETH. Too tired of the market.

If you are looking for short term profit than its obvious you will be worried. My friend think about long term investment. Long term investments always pays, check history on the Coinmarketcap by yourself & If you are investing your amounts for short term than you are risking your investments as in short term there is a huge probability of losses. You know what price of the BTC was around 600$ in 2016, peoples and now it is around 6500$ that means still 10X profit. Think for seconds why investors are organizing by investing huge amounts of money & their precious time to arrange the blockchain events??? Simple answer because the cryptocurrency have future and they see opportunity in this for long term.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: dzkazmi on August 18, 2018, 10:18:47 AM
Title was just to bring the attention of Those who are thinking of investing money in bitcoin or any other crypto currency.

A few things you must keep in your mind before investing in Bitcoin or any other crypto currency:

1.Make sure you have read the whitepaper of bitcoin or the currency you are thinking to put money in.
2.Crypto currencies are not just for making money.
3.There are no guarantees of profit.
4.You can loose all your money so invest only what you can afford to loose.
5. Don't panic when market fluctuates because its not only you who is controlling the market.
6.Do not buy and sell in FOMO(Fear of missing out) & FUD(Fear, Uncertainty and doubt).
7.Take opinions but Do your own research before taking any decision.
8.Last and the most important: Patience is the key.


Lol your title has nothing to do with the content. ;D


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: testadimerlo on August 18, 2018, 10:18:51 AM
Your suggestion are appreciated but they should be legit only for ICOs, imo Bitcoin is another story! Isn't it?


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: mmacool on August 18, 2018, 01:13:38 PM
You have stated all the points. I stick to this a lot. I try to spend a lot of time studying the project. And in any case, do not invest money that I can come in handy. Only those who do not mind losing.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: yakushev on August 18, 2018, 01:16:43 PM
It is true that the title of the topic attracted, but went in and all in principle according to the old. A good topic for beginners and those who are just eyeing the purchase. And many of them have all experienced themselves and it seems that they are already afraid of nothing and these words are like dogma.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Stradivarioos on August 18, 2018, 01:41:09 PM
Unfortunately most people will not pay attention to such a post, as many beginners are here in search of money, but not everyone will be able to find them and get some profit.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: CopMom on August 18, 2018, 01:45:56 PM
Do you really think WP is really important like that? For me, I don't care about WP of any project after every cryptocurrency :). If they have a really good WP but all other things are suck so you still believe in these cryptocurrencies? LOL. It's the only thing I don't agree with you in your list :).


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Caelanpelley on August 18, 2018, 01:46:15 PM
You do not invest in bitcoin and electronic money. It is your individuality that nobody forces. Once you've figured out and you have the investment or investment. Bitcoin helps you make money but can also make you lose money. Need to have a solid knowledge of this field.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Itsmylife on August 18, 2018, 01:59:09 PM
Unfortunately most people will not pay attention to such a post, as many beginners are here in search of money, but not everyone will be able to find them and get some profit.

You are saying about newbie, aren't you? Only new beginner who has the first time in the crypto world would not read these posts.
With bitcointalk member is set sr member or higher, they always know what they must find when having a decision to invest in cryptocurrencies.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: quuyt4 on August 18, 2018, 02:03:20 PM
I don't think so. I think Bitcoin is worth investing. Many cryptocurrencies are worth investing. In this falling market, the prices of many cryptocurrencies have fallen a lot, including bitcoin. I think the current price is very suitable for investment.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Suharjo on August 18, 2018, 02:13:20 PM
Thank you for your helpful advice, the importance of education and research is the key to success in investing in crypto. Although risky, cryptocurrency is my future where I can get a lot of money.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: silver23 on August 18, 2018, 02:15:32 PM
don't invest in crypto and BTC, what are you talking about broo.
i think that's all wrong, i know crypto market is so low and so many people is take a loss so much.
but, you know investing in a short time is not recommended, i always take a profit because i do a long trading.
i hold arround 1 year and sell it when i take a profit.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: hohuan101 on August 18, 2018, 04:48:22 PM
Title was just to bring the attention of Those who are thinking of investing money in bitcoin or any other crypto currency.

A few things you must keep in your mind before investing in Bitcoin or any other crypto currency:

1.Make sure you have read the whitepaper of bitcoin or the currency you are thinking to put money in.
2.Crypto currencies are not just for making money.
3.There are no guarantees of profit.
4.You can loose all your money so invest only what you can afford to loose.
5. Don't panic when market fluctuates because its not only you who is controlling the market.
6.Do not buy and sell in FOMO(Fear of missing out) & FUD(Fear, Uncertainty and doubt).
7.Take opinions but Do your own research before taking any decision.
8.Last and the most important: Patience is the key.


As long as you enter the market for a while, you will know all of this. But not everyone will remember and list out for newbie. Thank you for your post. It's really useful for newbie :D


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Kapee on August 18, 2018, 04:52:58 PM
Stopping Bitcoin investment and any other investment generally is a moment of taking risk. You need not to invest more than you cant afford to lose. Invest with spare money and enjoy the little you will get. 


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Rumahkaca on August 18, 2018, 04:54:06 PM
thanks for the information you shared, this is very useful for me as a beginner in crypto. indeed we cannot carelessly invest, because crypto is a world full of risks.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: CalvinGoh on August 18, 2018, 05:59:00 PM
Hey,I'm thinking of investing in Cryptocurrency.What do you think about this site https://westlandstorage.com/best-way-to-invest?p=233516

Is it trustable?I would love an opinion on this investment platform.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: opeakande on August 20, 2018, 07:32:13 AM
I like your style of getting people's attention. You have said well with all those points you have made. One should do all that before investing in any ICO project.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: BluRPie on August 20, 2018, 07:36:22 AM
Honestly I think that this recommendations are applicabile for any type of investments. Investments on the classic markets have the same risky. But this risks will be realized faster in cryptocurrency.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: psoo7 on August 20, 2018, 07:43:45 AM
Title was just to bring the attention of Those who are thinking of investing money in bitcoin or any other crypto currency.

A few things you must keep in your mind before investing in Bitcoin or any other crypto currency:

1.Make sure you have read the whitepaper of bitcoin or the currency you are thinking to put money in.
2.Crypto currencies are not just for making money.
3.There are no guarantees of profit.
4.You can loose all your money so invest only what you can afford to loose.
5. Don't panic when market fluctuates because its not only you who is controlling the market.
6.Do not buy and sell in FOMO(Fear of missing out) & FUD(Fear, Uncertainty and doubt).
7.Take opinions but Do your own research before taking any decision.
8.Last and the most important: Patience is the key.


Lol your title has nothing to do with the content. ;D
Read the post too :D


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: ffg56 on August 20, 2018, 07:46:14 AM
Yes, investing in this year's encryption market is indeed very risky. And most of the cryptocurrency prices have fallen very badly this year, but the market so far, I think it is already investable.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Kunlejoe0 on August 20, 2018, 07:46:44 AM
Good tips that could save lots of investors out there. Cryptocurrency is more useful than just making Money. You can invest for better and efficient way of getting your work done or for academic research and other case uses!


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: belal12 on August 20, 2018, 07:47:58 AM
Yeah you are absolutely right, before investing in any ico one have to follow all of the rules, and have patience because after investing sometimes market will fall down, but later the market will grow up again and you can gain profit from here.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: psoo7 on August 20, 2018, 12:46:24 PM
don't invest in crypto and BTC, what are you talking about broo.
i think that's all wrong, i know crypto market is so low and so many people is take a loss so much.
but, you know investing in a short time is not recommended, i always take a profit because i do a long trading.
i hold arround 1 year and sell it when i take a profit.
Please read the complete post before putting any comment :) #Hail BTC!!!


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: psoo7 on August 20, 2018, 12:50:11 PM
Your suggestion are appreciated but they should be legit only for ICOs, imo Bitcoin is another story! Isn't it?
I support bitcoin to the core of my heart but I am asking people to enter into it on their own consent and understanding about it NOT BECAUSE EVERYTHING IS GETTING INTO IT.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Arvydas77 on August 20, 2018, 12:50:19 PM
Title was just to bring the attention of Those who are thinking of investing money in bitcoin or any other crypto currency.

A few things you must keep in your mind before investing in Bitcoin or any other crypto currency:

1.Make sure you have read the whitepaper of bitcoin or the currency you are thinking to put money in.
2.Crypto currencies are not just for making money.
3.There are no guarantees of profit.
4.You can loose all your money so invest only what you can afford to loose.
5. Don't panic when market fluctuates because its not only you who is controlling the market.
6.Do not buy and sell in FOMO(Fear of missing out) & FUD(Fear, Uncertainty and doubt).
7.Take opinions but Do your own research before taking any decision.
8.Do not forget to check the bitcoin forum to know more about that project.
9.Last and the most important: Patience is the key.


The last point is the most important IMO - patience. I agree with other suggestions. There exists a lot of misinformation for newbies but this year is showing to us that some good signs are just ahead.
Adoption is growing fast and development in crypto space is going exponentially. Bull market will come back. Now you can just sit and relax, don't need to hurry.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: ethereumhunter on August 21, 2018, 05:37:17 AM
don't invest in cryptocurrency if you don't have patient to waiting for the price because the price in the cryptocurrency will always change and it will go up and down in anytime. but with the patient, you can handle your emotion which can give an effect to your investment and you not become panic if the market is in the downtrend. I agree with the OP that we should know about the things that the OP mention before we decide to invest in cryptocurrency.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: kvipcn on August 21, 2018, 05:47:38 AM
I definitely agree with you. People hardly research on cryptocurrencies before investing in them. Some even invest because they heard people saying that crypto investment is very profitable.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: quuyt4 on August 21, 2018, 05:52:34 AM
I don't think so. I think Bitcoin is worth investing. The cryptocurrency is also good and worth investing. Although their prices have fallen sharply in this market, I think this is a good time to invest.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: strwy09 on August 21, 2018, 05:53:19 AM
I think your suggestion is very good. I am a newcomer in the world of cryptocurrency. I think your words have helped me a lot. I don’t think there is any end to learning. I am especially grateful for your sharing. It is very important for me to invest in the bounty in the future.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: ambisyon on August 21, 2018, 06:19:52 AM
Most of the author's statements were amenable to my end and in my opinion, anyone who will be interested to join in cryptocurrency should have basic knowledge about cryptocurrency. To earn such knowledge, you may have to research on your own and educate yourself to further enhance the knowledge the you want to learn. When putting up for an investment, definitely do not put all you money into it instead invest money that you can afford to loose. When investing to altcoins and ICO's, make a study and research prior to investment just to be sure that it may only entail lesser risk.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: visionary on August 21, 2018, 06:40:32 PM
Most of the author's statements were amenable to my end and in my opinion, anyone who will be interested to join in cryptocurrency should have basic knowledge about cryptocurrency. To earn such knowledge, you may have to research on your own and educate yourself to further enhance the knowledge the you want to learn. When putting up for an investment, definitely do not put all you money into it instead invest money that you can afford to loose. When investing to altcoins and ICO's, make a study and research prior to investment just to be sure that it may only entail lesser risk.
Yes, this is a universal and generally accepted tips for working on the stock exchange, and not only with cryptocurrency. Many lose their savings due to greed and inability to wait. But such other market participants are getting richer, it's harsh, but true.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Hannahanto on August 21, 2018, 06:48:43 PM
Title was just to bring the attention of Those who are thinking of investing money in bitcoin or any other crypto currency.

A few things you must keep in your mind before investing in Bitcoin or any other crypto currency:

1.Make sure you have read the whitepaper of bitcoin or the currency you are thinking to put money in.
2.Crypto currencies are not just for making money.
3.There are no guarantees of profit.
4.You can loose all your money so invest only what you can afford to loose.
5. Don't panic when market fluctuates because its not only you who is controlling the market.
6.Do not buy and sell in FOMO(Fear of missing out) & FUD(Fear, Uncertainty and doubt).
7.Take opinions but Do your own research before taking any decision.
8.Do not forget to check the bitcoin forum to know more about that project.
9.Last and the most important: Patience is the key.


Valuable comments and appreciate for spending time in analyzing these. I would say, crypto is the best platform i have seen to learn and earn certainly. Learn before trading. Never give back. The platform has many ways to earn bitcoin and other coins as well. Invest with more trust. You will one day gain a good turn over. Don't get panic about the fluctuations. This is crypto's nature. Get into coinmarketcap.com to analyze where to invest. Cheers.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Ravenangel on August 21, 2018, 06:54:19 PM
Although they are good advices I think most of them don't apply to bitcoin anymore, anyone can come in and invest the currency has become so popular that you don't even need to form your own opinion before investing, just follow those who know more than you do, or at least most of those who are investing now think so, these tips apply better to the altcoins since it's still a new market and not many people know what's going on in there, always remember that this market is high risk but high reward


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: psoo7 on August 23, 2018, 09:42:06 AM
Do you really think WP is really important like that? For me, I don't care about WP of any project after every cryptocurrency :). If they have a really good WP but all other things are suck so you still believe in these cryptocurrencies? LOL. It's the only thing I don't agree with you in your list :).
You can not trust just depending upon one factor. I said be sure to atleast read the whitepaper then proceed further.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: prukerohen on August 26, 2018, 09:52:55 PM
Why? I legit want to know what you think and what reasons could be cos personally, I think that crypocurrencies make good investment options honestly, and it is definitely something I would recommend to anyone who is interested in gaining their own financial independence. Might be a little risky, but I do not think that there is anything in life that is not itself risky.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: psoo7 on August 27, 2018, 09:40:02 AM
Why? I legit want to know what you think and what reasons could be cos personally, I think that crypocurrencies make good investment options honestly, and it is definitely something I would recommend to anyone who is interested in gaining their own financial independence. Might be a little risky, but I do not think that there is anything in life that is not itself risky.
Do you mind reading the complete post please ?


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Bumidinasty on August 27, 2018, 09:47:50 AM
I agree with your suggestion, this can increase knowledge for investors who want to invest in the world of cryptocurrency so that there will be no mistakes and losses in understanding cryptocurrency


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: bitcoinpeople3 on August 30, 2018, 12:28:46 AM
I think that people should be left to do whatever they want to do or not do. If a person wants to invest in cryptocurrencies, why not let them? It probably didn't favor you, but it is favoring a host of others, so them be clouded by your judgement and stop others from doing what they so wish. I think that investing in cryptocurrencies is a great idea and anyone who deems it fit, should invest in it too.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Rrtt on August 30, 2018, 12:42:24 AM
Title was just to bring the attention of Those who are thinking of investing money in bitcoin or any other crypto currency.

A few things you must keep in your mind before investing in Bitcoin or any other crypto currency:

1.Make sure you have read the whitepaper of bitcoin or the currency you are thinking to put money in.
2.Crypto currencies are not just for making money.
3.There are no guarantees of profit.
4.You can loose all your money so invest only what you can afford to loose.
5. Don't panic when market fluctuates because its not only you who is controlling the market.
6.Do not buy and sell in FOMO(Fear of missing out) & FUD(Fear, Uncertainty and doubt).
7.Take opinions but Do your own research before taking any decision.
8.Do not forget to check the bitcoin forum to know more about that project.
9.Last and the most important: Patience is the key.

These are all the basics information a person must know before making any move/invest in cryptocurrency. Being here in crypto does not guarantee you any money so be wise and try to avoid being scammed.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Nikolas_the_Wonderworker on August 31, 2018, 10:18:27 AM
I am sure that this appeal is not relevant at the moment. Naboort, I think the time has come when, before the end of the year, the output of the crypto market is expected to grow steadily.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: baghdatis1990 on August 31, 2018, 10:27:51 AM

         Rather, the ideas listed are better suited to ICO projects. If you invest in Bitcoin or other TOP coins, it's impossible to lose all your money. The patience, yes, applies to any type of investment in crypto. As they say, patience is a virtue. Patience in combination with good market research can be the key to success for investors in the crypto market. It's a shame that the title has nothing to do with this topic.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: ShalenaMama on August 31, 2018, 02:29:25 PM
I believe that the smallest crypto currencies are now the most attractive prices! A good time to invest in small Altcoins!  ;) :D


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Pr0st0Pr0be1 on September 02, 2018, 10:18:18 PM
The name of the one - text of the article another. Come on. Let's see what I can agree with. A white paper little projects fits.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: alvin345 on September 03, 2018, 08:44:48 AM
Crypto is the most reliable way to keep money with the help of holding. Nothing can be better than crypto which is too far-sighted and long tem project for the world.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: romeolopez21 on September 10, 2018, 12:38:17 PM
Investing in crypto is the safest deal in the modern world, this investing is your chance to make something useful in your life and crypto is very suitable one.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: ethereumhunter on September 11, 2018, 11:01:13 AM
people need to know many things before they invest in anything, not just in bitcoin and cryptocurrencies. but the problem, some people don't want to use their time to learn more about the investment itself so they make a short decision to invest their money. when making an investment, people only think that they will get a big return in one period (this is what they think with the investment) but they don't know that investing in cryptocurrency is different than any other investment so they need to learn more about cryptocurrency. but they can leave their bitcoin in their wallet after they buy at many places, they don't afraid about the up and down of the price, they only want to cash out their bitcoin in one or two years from now no matter how much the price. and if somehow, in one or two years later, the price still on the price now or down too deep in the price now, they decide to leave their bitcoin for another one year without any hard feeling about bitcoin.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: IlVeroNico on September 11, 2018, 11:03:42 AM
Saying don't invest in crypto in an exclusive crypto board is not really bound to succeed


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Vlad_m on September 11, 2018, 11:08:24 AM
Pretty nice info for beginners.

You're absolutely right. People just follow the hype without knowing the background


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: shiming on September 11, 2018, 11:17:17 AM
Your suggestion is very good for novices. It is suitable for people who have just encrypted. Patience is as important to novices as we are, now the market bear market. Learn to control yourself.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: KINGCHACHA1 on September 11, 2018, 11:21:20 AM
Before diving into investing in bitcoin take time and learn so that bitcoin will not be accuse. A friend of mined invested  in HYIP and ponzi scheme that uses bitcoin as means of payment and the scheme close down without notice, now he is calling anything that relate to bitcoin scam.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: nicolas1979 on September 11, 2018, 11:24:29 AM
Title was just to bring the attention of Those who are thinking of investing money in bitcoin or any other crypto currency.

A few things you must keep in your mind before investing in Bitcoin or any other crypto currency:

1.Make sure you have read the whitepaper of bitcoin or the currency you are thinking to put money in.
2.Crypto currencies are not just for making money.
3.There are no guarantees of profit.
4.You can loose all your money so invest only what you can afford to loose.
5. Don't panic when market fluctuates because its not only you who is controlling the market.
6.Do not buy and sell in FOMO(Fear of missing out) & FUD(Fear, Uncertainty and doubt).
7.Take opinions but Do your own research before taking any decision.
8.Do not forget to check the bitcoin forum to know more about that project.
9.Last and the most important: Patience is the key.



That is risk of list, take it or leave it. Before enter market we should know all of this and understand market works, with out that never open position even you have big fund. I see it as psychology education, one of important thing that we can use to control emotion. One more thing, trust no one and believe in you.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: mahvia on September 11, 2018, 11:28:29 AM
nice clickmagnet for the topic subject :)
pretty well done, and nice- it works


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Vit83 on September 11, 2018, 03:08:02 PM
IMHO must few another advice: don't use credit cards) Invest only free money you can afford to lose.  And use stop losses)


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Xeon on September 11, 2018, 03:22:18 PM
I think that it is up to you to decide whether to invest money in crypto or not. Sure, that it is necessary to understand that you are taking certain risks and you may lose your money but who doesn't risk will never become successful!


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Tooevilforyou on September 12, 2018, 11:57:44 PM
Title was just to bring the attention of Those who are thinking of investing money in bitcoin or any other crypto currency.

A few things you must keep in your mind before investing in Bitcoin or any other crypto currency:

1.Make sure you have read the whitepaper of bitcoin or the currency you are thinking to put money in.
2.Crypto currencies are not just for making money.
3.There are no guarantees of profit.
4.You can loose all your money so invest only what you can afford to loose.
5. Don't panic when market fluctuates because its not only you who is controlling the market.
6.Do not buy and sell in FOMO(Fear of missing out) & FUD(Fear, Uncertainty and doubt).
7.Take opinions but Do your own research before taking any decision.
8.Do not forget to check the bitcoin forum to know more about that project.
9.Last and the most important: Patience is the key.


These are really good advice, investing in cryptocurrencies is not an easy thing and there are rules to it just like any other market. You have to be smart about the coins you are buying and the kind of coins that you are buying into. There are always risks involved in investing in the coins, you just have to pick a good one to invest in.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: shkon5 on September 13, 2018, 03:14:43 AM
No, I think cryptocurrency is worth investing. And I think Bitcoin also has a high investment value. Although its price drop is very serious in this market, I think this time is very suitable for investment.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: qiaozhuang4354120 on September 13, 2018, 03:21:54 AM
I think cryptocurrency is worth investing. I invested in some cryptocurrencies in the encryption market last year, but last year's encryption market also got me a lot. Although the encryption market this year is very bad, I think the current price is very suitable for investment.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: sladkoejka on September 13, 2018, 04:27:58 PM
good advice, I remember when I found out about bitcoin it cost $ 400. when I decided to land in the crypt was already worth $ 1000 and I thought that you can not lose money here, even if the price falls you just need to keep a coin on and it will recover. but then went to the correction on altkoinam and realized that losing money here is easier than easy


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: rickadone on September 13, 2018, 04:48:24 PM
Investing in crypto is the safest deal in the modern world, this investing is your chance to make something useful in your life and crypto is very suitable one.
It might not even be the safest deal, but it is a worthy risky deal considering that with the way things are going and with nothing halting its development, this is the future of the way we spend, transact and even invest in companies which would make the token market be more like a future stock market.

However, what is important as the Op mentioned, is to try as much as possible to be well equipped with great deal of knowledge to know the reason why you are investing in the first place. A lot of people invest solely because of the profit, and that is one thing that has increased the speculative nature of the market thus far.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies!
Post by: Digital_Lord on September 16, 2018, 04:07:30 PM
Saying don't invest in crypto in an exclusive crypto board is not really bound to succeed
I am pretty sure you did not even take time to read through the OP before commenting. That was just a way to draw attention of people to what he wrote but the context sure made some pretty good sense
 Investing in cryptocurrency requires a very good level of knowledge and this is the only way you can be able to make very solid decisions without being emotional about the decisions you make and also make you concentrate more on the long term of things than just the hype and FUDs from speculation.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies if you don't follow these things.
Post by: Iykejunior on September 16, 2018, 04:55:31 PM
Thanks for the information, a lot of people take cryptocurrency to be a get rich quick venture. They should learn more about what they are about to put their money into


Title: Re: Don't invest In Bitcoin and Cryptocurrencies if you don't follow these things.
Post by: Mabinat on September 16, 2018, 04:58:15 PM
Thank you very much! I think that your advice will greatly help beginners and I myself have taken something new from this


Title: Re: Don't invest In Bitcoin and Cryptocurrencies if you don't follow these things.
Post by: anjohyx on September 16, 2018, 05:13:43 PM
Rules 1 is correct, investor must read the project whitepaper and roadmap before put their real fund in cryptocurrency, cryptocurrency is not only for making money, but for most investor it is the best way for earn quick money, don't care the project future, my advice is same as you, only invest what you can afford to lose


Title: Re: Don't invest In Bitcoin and Cryptocurrencies if you don't follow these things.
Post by: sanimu461 on September 16, 2018, 05:20:49 PM
the last point that I think is the key to traders
because many beginner traders like me are impatient and suffer losses and from that I get a lot of lessons :-\ :-\


Title: Re: Don't invest In Bitcoin and Cryptocurrencies if you don't follow these things.
Post by: MariaSerebrennikova on September 16, 2018, 05:25:05 PM
I think these are great rules for beginners. They can be safely guided, if you just heard about cryptocurrency and do not yet understand how to invest in cryptocurrency.


Title: Re: Don't invest In Bitcoin and Cryptocurrencies if you don't follow these things.
Post by: Hammonds on October 12, 2018, 08:56:46 AM
I will add to the number 9 the most from what you have mentioned.
This is vital and it must be owned by all investors.

"MONEY" is a word that is above all groups, if you don't have money then it's useless and you won't be able to invest in cryptocucrency. LOL