Investing in cryptocurrencies

[Wall-ET]

I voted for too many scams, let's speak the truth here, it is really hard to trust this ICOs ( which you can see that almost daily they are posting on altcoin announcement thread) I'll trust them if they can create a signature campaign that pays Bitcoin. With that step i think they will gain the trust from the investors.

sorry for the offtopic but first this:

What do you mean "that pays Bitcoin"?


and now on topic:

This is cool idea, I think the most big problem is that there are not easy accessible wallets for the altcoins, so you can have the private key.
This is the biggest problem for me, as I can not trust exchanges with my coins, and it is hard to make wallets for all the altcoins.
So this is the biggest problem for me. Also not small problem is the scam that comes with new alts...

But this idea is really cool and I hope you develop it good.

P.S.: IDK why but can not vote on the pool

Thanks for the feedback! Would you be willing to create an account on a platform and send your BTC/ETH to this account. Then choose a portfolio from a selection of portfolios and the platform would buy this portfolio for you, manage it, rebalance etc. for a small commission fee (% of your BTC/ETH)? Would there be a way for you to trust your coins on a platform?

If it is regulated - yes;
If it is decentralized - yes;
else I will not.
I like to keep my crypto in me, so I can control them in each time I like to.
So sad that for now there are no such a company/platform.

btw if you need help send me pm

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[kryptqnick]

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.

As the main problem is the variety of options, I guess it would be nice if your app dealt with that somehow. For instance, maybe there should be a system of rates for currencies (like rates for films) which will show how many people consider it as a good investment. Apart from that, perhaps very small guides about currencies would be appreciated, because there's mostly not enough time to look at dev teams, roadmaps and white papers of all the coins that look promising.

[MrZ28s]

I chose too many options and time constraint. When you lack blockchain knowledge, trading tools and other crypto info then you must have time to study and understand it. The new coins are getting more and more interesting nowadays and are currently replacing the old ones in market cap. Education is the key here that even if some aren't very good on charting but deeply understand the coin's fundamentals they keep getting good gains.

[Beloussovski]

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.

As the main problem is the variety of options, I guess it would be nice if your app dealt with that somehow. For instance, maybe there should be a system of rates for currencies (like rates for films) which will show how many people consider it as a good investment. Apart from that, perhaps very small guides about currencies would be appreciated, because there's mostly not enough time to look at dev teams, roadmaps and white papers of all the coins that look promising.

That sounds quite interesting your idea! Any current web apps resemble this?

[Tony116]

My options are: Too many options and Too many scams (trust). There is a qoute about chose. I don't remember it word by word, but the sense is the following: It's bad when you have not choice, but it's worst when you have it

[followmenot]

My biggest concern is trust. It is very big issue... There are dozens of icos coming day after day. I read about them, I learn the basics. But it is never enough. Sometimes project creators are just plain bad people.

[Blakscorpion]

I think the answer will be "too many options".
People tend to be focus on every potential earning, but you can't focus on every coins, there are thousands of them.
To optimize your earning I think you should have strong knowledge in a few coins, instead of trying to have everything and no control and knowledge on it.

[ASHLIUSZ]

My biggest concern is trust. It is very big issue... There are dozens of icos coming day after day. I read about them, I learn the basics. But it is never enough. Sometimes project creators are just plain bad people.

Yes, however you read clearly you can't conclude whether this will be a perfect one to invest. Here too luck has taken its role, so just invest with trust, if you are with hesitation just skip and try to find an alternative to what you've selected. Diversify the investment, so that if one goes wrong too can try to manage the loss.

[ari.nielsson]

I have just started trading / investing crypto currencies. my trouble is that I'm very new and I have lack of knowledge.

[marks1976]

I have just started trading / investing crypto currencies. my trouble is that I'm very new and I have lack of knowledge.

That's why you must try to learn more about crypt through various kind of the thread in the beginner and help section. A lot of people are coming in the crypto without enough knowledge to determine the good and bad project. that just like to be a mandatory to learn more about crypto.

[Anita1873]

Investing in crypto currencies is a new trend and people now slowly moving towards it. It is gaining popularity as now every business channel wants a discussion on BTC as a investment option and also business newspapers writing article on it to aware people about its strength and quality.

[sunsilk]

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.

I voted for too many options and it has a lot of vote on your poll. This is the problem that every trader is dealing with, we do have a lot of choices and we always think that all of the mare good for investing.

I'm a type of person that sees opportunities for everything that's in my sight and most of the coins does have it except the ones that are really garbage in the world of crypto.

Anyway, good luck to that app that you are building hoping you'll give us some update and will love to use it then.

[Moujahid]

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.

Before investing, analyse the market and invest in prominent currencies, revise the team and future investment.
If doing significant investments, it´s important to consider security, hence consider buying hardware wallets.

I have just started trading / investing crypto currencies. my trouble is that I'm very new and I have lack of knowledge.

If you think crypto is going to vanish and fiat will win this game... You need to understand the upside and downside better.
Fiat is: easily taxed. Subject to gov manipulation. Able to be easy taken from you by authorities.
Crypto is none of those things. Crypto is the future of finance.

[bundo]

Lack of blockchain knowledge, this might be a big deal, with just reading a very short post I think is hard to digest, it's not accurate.


By the way withb this post petrified me to think of a real way of investing

[shwetaji]

First congrats to you for your work on cryptocurrency. I read many reviews under your topic. These all informations are also useful and valuable to me also. Keep your work moving on. Wish you all best.

[Beloussovski]

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.

I voted for too many options and it has a lot of vote on your poll. This is the problem that every trader is dealing with, we do have a lot of choices and we always think that all of the mare good for investing.

I'm a type of person that sees opportunities for everything that's in my sight and most of the coins does have it except the ones that are really garbage in the world of crypto.

Anyway, good luck to that app that you are building hoping you'll give us some update and will love to use it then.

Thanks for the feedback! how do you see traders current workflows and what is missing to help them to sort through "too many options"?

[onesalt]

Main problem is the number of options. It is really confusing to make an investment, regulation may solve the problem

[Spoetnik]

My biggest concern is trust. It is very big issue... There are dozens of icos coming day after day. I read about them, I learn the basics. But it is never enough. Sometimes project creators are just plain bad people.

Why would you all line up to admit that *most* are scammy then DECIDE to trust ANYONE in crypto ?
Does that make sense ?

You are also all noobs.
Why does that matter ?
Because you never searched what being GOX'd means.

In other words you are all lining up to deliberately ignore the context for high risk and hopefully high gain shit coin shenanigans.. while spewing pure bullshit about ideology.

None of you care so don't even bother pretending.
If a coin is shooting up in price you WILL NOT be checking whether it is decentralized or fair etc.
You will buy jacking off to FOMO pounding that BUY button !

What idiots SAY in crypto and what they do are two very different things.
Your actions betray your rambling cliche'd little noob advice speeches.

Decentralized ? How many ETH do you have ?
There is nothing decentralized about Ethereum.. or fair.
It is by YOUR OWN DEFINITIONS a scam.. yet ..you won't be missing out will you.
If everyone else is doing it so will i right ?

Here is some keywords for you next little cliche'd noob speech / advice.

Token Startup Community ROI Currency pre-funding Open-Source Profit ICO Decentralized Block-Chain FIAT Project Airdrop Exchanger Free-Market APP's Pre-Sale Coin

[ashu711]

 Investing in cryptocurrencies now this time is very risky mode. btc and alt coins are not stable when market is stable then safe to safe in cryptocurrencies. all coins are down and this not quess when this stop so wait for investing.

[MI6]

bitcoin is good to invest, but other cryprocurrency i think still not ready for it because still too many speculation and market price depend on various thing, so it is risky for me