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Question: What are your biggest problems/constraints when deciding what cryptos to invest in?
Lack blockchain knowledge - 8 (10.7%)
Time constraint - 6 (8%)
Too many options - 28 (37.3%)
Too many scams (trust) - 22 (29.3%)
Lack knowledge with trading tools - 8 (10.7%)
Complications using several crypto brokerages - 3 (4%)
Total Voters: 49

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Author Topic: Investing in cryptocurrencies  (Read 3360 times)
FrankNoland
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October 17, 2017, 05:53:31 AM
 #81

Currently working on a web application that will help cryptocurrency enthusiast with what cryptocurrencies to invest in and how to allocate between each cryptocurrency. But before I get too far ahead of myself and start building something, I wanted to see if other shares the same problems.
Hopefully , the web application that you are currently working on will be essential to a lot of investors since most of us encounter different problems when trading, some of the difficulties where mentioned on the poll that you have created. I wish you all the with your project. Good luck.

Digital asset exchange for settlement, clearing, custody and trading of various digital assets, utilizing distributed ledger technologies, programmed on the blockchain -https://bex.global
XRPOnTheRise
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October 17, 2017, 06:03:49 AM
 #82

 Huh Huh Huh
Help users in what ways?
Just curious on how you would go about predicting such a wide market?
1000+ ALT Coins nowadays..
mharz
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October 17, 2017, 06:16:14 AM
 #83

Investing into crypto currency is not bad, however due to increasing numbers of scammer to the whole world some people are scared to trust the other sites. Honestly I'am also a scammer victims, but I was not scarred to join and to invest in different sites because I know that if I can't take the risks I can't know if they were a scam or not. I can't know if I earn income or not. Being successful have a lot of trial that need to past.
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October 17, 2017, 06:24:11 AM
 #84

If you landed on this text, you might be already interested in investing in cryptocurrencies. Virtual or crypto currencies like Bitcoin and Ethereum are definitely by far the hottest investment product currently available. These immutable and exchangeable cryptographic token promise to become a hard and non-manipulatable money for the whole world. Their advocates see a future in which Bitcoin or other cryptocurrencies will substitute Euro, Dollar and so on and create the first free and hard world currency.
Viberate team
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October 17, 2017, 06:28:01 AM
 #85

I wouldn't rely on any sites as they could all be biased. When investing you should always do your due diligence.
TomUyamot
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October 17, 2017, 06:55:44 AM
 #86

I am choosing Too many options and Too many scams (Trust). The majority seems to be sharing these two problems. Too many options because we have so many coins out there. I guess we are already reaching a thousand plus altcoins to date. Too many scams also, well this does not need to be explained. We all know that.  Wink
Spoetnik
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October 17, 2017, 07:03:18 AM
 #87

I am choosing Too many options and Too many scams (Trust). The majority seems to be sharing these two problems. Too many options because we have so many coins out there. I guess we are already reaching a thousand plus altcoins to date. Too many scams also, well this does not need to be explained. We all know that.  Wink

How ?

If a "coin" was launched fairly and open-source / decentralized how can they scam you ?
Needs no explanation ?

Uhh how about quit throwing cash at ICO's dumb fucks ?  Roll Eyes

ICO = SCAM ..because of *HOW* they work.

Do you pick & choose ponzi / pyramid schemes claiming some are legit because you made money off a few ?

FUD first & ask questions later™
altcoinhunter01
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October 17, 2017, 09:14:04 AM
 #88

Investing in crypto market is a good idea but it depends on your entry in the market. If you are a long term investor then you can enter any time but if you want to enter for short term, then it is risky due to high volatility in this market.

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Seansky
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October 17, 2017, 09:33:39 AM
 #89

Currently working on a web application that will help cryptocurrency enthusiast with what cryptocurrencies to invest in and how to allocate between each cryptocurrency. But before I get too far ahead of myself and start building something, I wanted to see if other shares the same problems.
The biggest constraint for me when I am looking to invest in crypto is the vast variety of coins to choose from. Of course bitcoin is one of the best to invest into on crypto world but I tend to choose many more others and right now there are tons of ICO's and coins with potential to grow, which hinders my decision making. For now it is out of my concern after all I have already chosen where to invest weeks ago.  Another constraint I find troublesome sometimes is the complications using several crypto brokerages.
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October 17, 2017, 09:47:35 AM
 #90

can you please provide with the link for this helpful website which makes it easier to invest in profitable projects?
arisen725
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October 17, 2017, 09:51:09 AM
 #91

It can also be troublesome to handle the wallets or early tech of coins that have only just become available. I wonder how the alt-coin market will develop and think that many of the different alt-coins will fade, and only those succeed that work towards quality.
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October 17, 2017, 10:28:33 AM
 #92

Much reason for Investing on cryoptocurrency .but if you really want toninvest. Firstly you must know what coin do you want to invest. Then make your choice what coin you will invest. Learn about the coin you choose. So when your enter the market you already expert on it.

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October 17, 2017, 04:54:35 PM
 #93

a low level of trust, too many identical projects and one-day projects, not always a high level of knowledge and experience in the subject area of the team itself - here, actually, what I notice
mobilestrike
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October 19, 2017, 10:59:05 PM
 #94

The huge number of options and the time-consuming process of researching and understanding how they work is one of the biggest challenges for me. It comes down to finding experts to trust and blindly following their recommendations, although the field is so dynamic that even experts can be wrong occasionally.
You can’t actually depend on experts being following them blindly or you can’t do long researches too. Things are on your side only, if you are making an equilibrium in your work then success is there for you in terms of making money, a huge one. So keep researching little, getting information about it and then contact experts too.
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October 19, 2017, 11:15:30 PM
 #95

***
Oh and the guy who negged me named Kluge sent me death threats with a hitman and vanished.. never explaining Why he negged me.
One of the others did so because i criticized Monero and RISTO...
later the guy negged RISTO and created a scam topic on him.. in other words i am right AS ALWAYS !  Cool
You believe everything you hear noob ? Wanna buy a bridge... ICO "token" ?

My 1st opinion was that  you probably get negatives for social warrior action here then there.
Most of those ICOs are scams and people LOVE IT.
Becouse one can make 100x and people will try.
This is gambling not investing.
When I as inwesting in crypto i got rect while gambling scams was not that bad.
You just get rid of hodl mentality

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