We need to diversify to secure our investment. If you invest all your money in one coin and it dump, you will lose all your investmwnt. Unlike with diversifying, if one coin crashed, you still have hope on other coin that might goes up and cover up your losses with the dumped coin.
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At first it seems you will be addicted to crypto. But eventually you will get used to it and sometimes don't mind it as well as long as you know that you are in the right position of your order. The fact that you are making money will turn you into addiction.
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Maybe he has a business that is affected by cryptocurrency that's why he said that. Just a thought. But i have a feelingg that he, himself, might have an investment as well. Some price manipulation the cause of that statement?
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Crypto crash is something that big investors is waiting for. Because they can buy at a very low price then wait when the matket recovers. It is a problem to those who bought the coin or token at a higher price. Just hold it and wait. Or you can do leveraging.
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Before, the airdrops is good, but nowadays most airdrops fall into scam. We can choose the airdrop that we can join. But be cautious when filling up the form that requires your personal information especially when it is asking your private key. For me, I don't join any airdrop anymore because its like wasting my time.
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I usually hold the bounty rewards that i received. I do believe that I might get more profit after 1 to 2 years than selling them now. I only sell the coin or token immediately once I feel something that it will turned out to be scam in the latter.
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That would be great if it happens. Atleast we are sure that our time and effort will be rewarded. But the question is if the developer of a certain project will consider that.
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You can add up some of your holdings or you can add other altcoins. But always do your own research before investing. Also, don't forget that you have to buy when its dip and just hold when the market is down.
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In my opinion, if you do not have enough money, never quit your job. Although you can be paid 10x higher than your monthly salary, but still, bounty rewards are not stable. Sometimes you have to wait for 6 months before you will be paid and some worst scenario, you will not be paid at all. If that happen, then where are you going to get support for your daily needs. Unless you have already a savings and an expert in trading that you can make a daily income from it for your neccessities.
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Before you buy an altcoin, you should make a research first of their project. You can read the whitepaper and roadmap. Study how their project will move on and succeed. Also check the team behind.
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You have to collect coins that has a potential for long term holding. Others is not worth it to hold for that long. Choosing the right coin is very crucial, it depends your future there. You must check or study first its project. Also, don't set aside the community that support it, it is also a big factor.
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Absolutely true. Patience is the secret ingredient for a success. Having a coins or token with potential and hold them for years, surely it will give you a more desirable profit. You can only do that if you have patience.
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You can protect yourselves from scammers by keeping safe your private key and password. Also, it is better to activate the 2FA authenticator of all your account. Then, be cautious upon logging in on your account and double check if the site you opened is not a phishing site. There are some article or video that shows how you can detect a secured and phishing site.
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My plan for this year is to join more bounty so I will be rewarded with more tokens then maybe before the year ends or by 2019, I will sell some of my holdings depending when the market is high.
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a little bit late but not that too late. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) we are late because it is so hard to rank up now compared to those who entered crypto earlier. A bit late compared to those who bought btc at $1k. But still, we are early compared for those that don't believe in crypto yet..
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I think so. I do believe that the millenial will be its root to build a strong foundation. How the millenials will support the digital currency now is a big factor in the future.
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Beginner entered crypto thinking that it will make them a millionaire in just one blink of their eye. They did not understand that they have to face a lot of ups and down before it happen. Patience is important. The more you wait, the more profit you can gain.
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It doesn't matter if you are a girl or not as long as you're doing good on this kind of investing venture. In my circle of crypto friends, a lot of girls are gaining more profit that men and they are expert as well and a risk taker. And I am a girl too and no one influenced me to enter crypto world. Just out of curiousity, here I am now, also a bounty hunter and investor.
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I think so. After some good news that came out and spreading about cryptocurrency, definitely, it will hype the crypto market again. After a couple of months that the market is down, hoping this bullish trend will continue.
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