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Author Topic: Need advice for the new investor  (Read 3022 times)
mai2mai
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February 16, 2018, 04:44:11 PM
 #41

It is not a speculative coin.
They buy it and keep it for years, for a lot of growth.
If you can spend a lot of money and wait so much, then it will be a good investment.

If not, either forget about it, or try to trade on cheap coins.
And for this you need to be able to read graphics.

Not much only $500 I can invest now and I can hold it for 2/3 years. If I don't have much money then I will not invest in Bitcoin? I'm not clear.

Bitcoin is a really long term investment. I'd suggest you to put a part of your deposit in bitcoin and make a deep research to find 2-3 promising projects to trade on. The main word here: research. Read more forums, websites, analytics, books, read again and again. And a personal advice: be patient and never take part in panic sales)
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Manchumichael
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February 16, 2018, 04:54:06 PM
 #42

It is not a speculative coin.
They buy it and keep it for years, for a lot of growth.
If you can spend a lot of money and wait so much, then it will be a good investment.

If not, either forget about it, or try to trade on cheap coins.
And for this you need to be able to read graphics.

Not much only $500 I can invest now and I can hold it for 2/3 years. If I don't have much money then I will not invest in Bitcoin? I'm not clear.

Invest as much as you have and hold, price is going back up and soon we will start to make new ATH prices. You need to be with clear mind, there is a lot of fud around but bitcoin can cost 100000 dollars in couple years, do you personally believe in that? If you believe then buying under 50000 dollars is great chance for anyone to double the money, and if you invest 500 dollars today in two years you can have 5000 from that.
Like others said buy now, and buy when ever you have some spare money and wait. Crypto is different from forex, cryptos are the future and when you think about possible prices in the future now its great time to invest while prices are low, how much will rise nobody knows but trust in one thing bitcoin surprised us many times with very high rise, that can happen again, not just one more time.

Even I also I have lot's of hopes in Bitcoin but I am not sure if he invests $500 in Bitcoins and he will earn $5000 after 2 years. But I agree that bitcoin surprised us many times in last 2 years. so based on that experience, we can analyse future price. that is why think twice before investing. according to me investing $500 in altcoins is more worth to compare BTC investment.
RechardSmith (OP)
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February 16, 2018, 06:23:21 PM
 #43

It is not a speculative coin.
They buy it and keep it for years, for a lot of growth.
If you can spend a lot of money and wait so much, then it will be a good investment.

If not, either forget about it, or try to trade on cheap coins.
And for this you need to be able to read graphics.

Not much only $500 I can invest now and I can hold it for 2/3 years. If I don't have much money then I will not invest in Bitcoin? I'm not clear.

Invest as much as you have and hold, price is going back up and soon we will start to make new ATH prices. You need to be with clear mind, there is a lot of fud around but bitcoin can cost 100000 dollars in couple years, do you personally believe in that? If you believe then buying under 50000 dollars is great chance for anyone to double the money, and if you invest 500 dollars today in two years you can have 5000 from that.
Like others said buy now, and buy when ever you have some spare money and wait. Crypto is different from forex, cryptos are the future and when you think about possible prices in the future now its great time to invest while prices are low, how much will rise nobody knows but trust in one thing bitcoin surprised us many times with very high rise, that can happen again, not just one more time.

Even I also I have lot's of hopes in Bitcoin but I am not sure if he invests $500 in Bitcoins and he will earn $5000 after 2 years. But I agree that bitcoin surprised us many times in last 2 years. so based on that experience, we can analyse future price. that is why think twice before investing. according to me investing $500 in altcoins is more worth to compare BTC investment.

Thanks for your advice.
RechardSmith (OP)
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February 16, 2018, 06:25:02 PM
 #44

It is not a speculative coin.
They buy it and keep it for years, for a lot of growth.
If you can spend a lot of money and wait so much, then it will be a good investment.

If not, either forget about it, or try to trade on cheap coins.
And for this you need to be able to read graphics.

Not much only $500 I can invest now and I can hold it for 2/3 years. If I don't have much money then I will not invest in Bitcoin? I'm not clear.

Bitcoin is a really long term investment. I'd suggest you to put a part of your deposit in bitcoin and make a deep research to find 2-3 promising projects to trade on. The main word here: research. Read more forums, websites, analytics, books, read again and again. And a personal advice: be patient and never take part in panic sales)
Many many thanks for your advice.
RechardSmith (OP)
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February 16, 2018, 06:31:36 PM
 #45

Even many prediction of Bitcoin will going to $20,000 or more but remember this is only prediction so that mean about 70% can become reality but about 30% can be wrong, so just make sure use about maksimum 30% of total your money to make invest in it. All most popular cryptocurrency like ETH, DASH, NEO, XMR, XLM, BTC and more in the long term has big possibility to growing because currently the volume of crypto still small, and in this world just about 1% of total pupolation know and understand how does crypto work.
 

Yes, that is why I want to invest in crypto and I want to increase my investment amount from my savings, not all savings. Now I'm analyzing on the crypto market and I will take my decision soon. Thanks for your advice.
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February 16, 2018, 06:38:19 PM
 #46

It might help if you could tell us where you're from? Are you completely sure that it's illegal to invest in cryptocurrency for individuals, usually regulations like that are targeted against financial institutions.
If it is indeed illegal, I wouldn't really recommend breaking the law, but if you do, at least check beforehand what the consequences would be if you get caught.

As for tips, I'd suggest you first learn how cryptocurrency works by downloading a wallet and sending a couple of transactions to yourself.
Afterwards you can find tutorials about trading and how to use exchanges for day-trading.

Thanks for your reply. I'm from Bangladesh and it's an unofficial declaration that we can not invest in the crypto marketplace. But we can visit the marketplace.

Waiting for your reply.

Thanks.
RechardSmith (OP)
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February 16, 2018, 06:41:20 PM
 #47

I would like to attention from experienced traders. I'm going to invest in Bitcoin. What is the best trend? Could you please suggest me what should I do and should not do?

NB: In our country is prohibited for the cryptocurrency.

Your better idea would be highly appreciated.

Many thanks in advance!
Always doing analyze before start to invest/ trade in any coin you want. Analyze is needed to make sure you're on the right track and give you profit. Never forget about stop loss and keep practice because market is unpredictable. Just do what I mention to create better plan create income. Keep going and see you next time.

Thanks for your suggestions.
BettingTips
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February 16, 2018, 06:59:53 PM
 #48

I would like to attention from experienced traders. I'm going to invest in Bitcoin. What is the best trend? Could you please suggest me what should I do and should not do?

NB: In our country is prohibited for the cryptocurrency.

Your better idea would be highly appreciated.

Many thanks in advance!

If you are new to the trade and want to invest in Bitcoin, you should learn about the trading experience on Bitcointalk forum Smiley), have a lot of experience and useful tips for you to learn. Also, then you should find and research the top 20 Coinmarketcap cryptos so you can invest in the best possible coin in your financial capacity, good luck to you!

RechardSmith (OP)
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February 16, 2018, 08:30:06 PM
 #49

I would like to attention from experienced traders. I'm going to invest in Bitcoin. What is the best trend? Could you please suggest me what should I do and should not do?

NB: In our country is prohibited for the cryptocurrency.

Your better idea would be highly appreciated.

Many thanks in advance!

I'm part of http://www.hashtaginvesting.com/#chat day trading forum. Started recently, it has all the ingredients to keep you going. You have got experts with more than 20 years of experience holding your hands while you reach the top list of active investors.

The latest news on trending markets of stocks and bitcoin are an amazing feature of this forum. This is the icing on the cake and makes this forum a real charm. This forum is highly useful for traders who are keen on investing into bitcoins and must keep tabs on its activities. The discussions and insight provided through this forum have served well for beginners as well as for experienced traders.

Thanks for sharing, I hope it will helpful for me.
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February 16, 2018, 08:39:37 PM
 #50

Number 1 rule I can give is to avoid pump and dump groups at all costs. The gains are enticing, sure, but there isn't any certainty that you'd be able to get some profits before the whole group dumps on you. Next is avoid following your emotions when executing a trade. Many people have been burned by the recent crash due to poor decisions trigerred by their fear of losing it all in the process. Don't be that guy. Lastly, only invest what you can afford to lose. Crypto investment isn't a sure fire way to give you the millions you've always dreamed of. Those who got their millions on crypto are just extremely lucky to be at the right place at the right time.

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RechardSmith (OP)
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February 17, 2018, 06:20:59 AM
 #51

I would like to attention from experienced traders. I'm going to invest in Bitcoin. What is the best trend? Could you please suggest me what should I do and should not do?

NB: In our country is prohibited for the cryptocurrency.

Your better idea would be highly appreciated.

Many thanks in advance!
Trading is not a good deal for all the peoples so you should avoid in cryptocurrency investment. Because your country is strictly prohibited in cryptocurrency then why you want to invest in Bitcoin you should try stock market it will make profit for you. Else you are in expert in the crypto market  you should invest in Bitcoin.

Thanks for your advice!
RechardSmith (OP)
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February 17, 2018, 06:24:55 AM
 #52

It would be better to follow your countries law.  It was stated that cryptocurrency trading is prohibited in your country, follow it so that you won't face any problem in the future when your government discovered that you are not following the law and confiscate all your stash plus you in the jail. 
You can study the market, follow it and get yourself updated until the time your country lift the ban.

Thanks for your advice.
RechardSmith (OP)
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February 17, 2018, 06:27:28 AM
 #53

It might help if you could tell us where you're from? Are you completely sure that it's illegal to invest in cryptocurrency for individuals, usually regulations like that are targeted against financial institutions.
If it is indeed illegal, I wouldn't really recommend breaking the law, but if you do, at least check beforehand what the consequences would be if you get caught.
Yes please share your locality. then only people can advise you. because if your governament announced officially the Crytpo trading is illegal then don't buy any coin with using your bank account you will get trapped.

Find any local sellers and buy your coins for liquid cash don't do any bank transactions.

Thanks a lot for giving me a fantastic idea.
RechardSmith (OP)
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February 17, 2018, 06:32:20 AM
 #54

I would like to attention from experienced traders. I'm going to invest in Bitcoin. What is the best trend? Could you please suggest me what should I do and should not do?

NB: In our country is prohibited for the cryptocurrency.

Your better idea would be highly appreciated.

Many thanks in advance!
If cryptocurrency is prohibited in your country then you should buy from trusted members here in the forum or from someone who owns bitcoin that you could trust . Never buy using banks and don't go around telling people in your local area that you are invested in bitcoin or cryptocurrency . If you somehow make good money people will get jealouse and could snitch on you and get you in trouble with law.
Be discrete and carefull trading . It's all good if you took in consideration the things I've mentioned.

Thank you very much for sharing a some of the good technics of course, I will follow it. Thanks.
KEPLER99
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February 17, 2018, 06:45:35 AM
 #55

It is not a speculative coin.
They buy it and keep it for years, for a lot of growth.
If you can spend a lot of money and wait so much, then it will be a good investment.

If not, either forget about it, or try to trade on cheap coins.
And for this you need to be able to read graphics.

Not much only $500 I can invest now and I can hold it for 2/3 years. If I don't have much money then I will not invest in Bitcoin? I'm not clear.
With such amount I don’t think so you will be making a better profit even after 2 or 3 years like you said. I suggest you to save this amount and start working on campaigns. From here you will be able to make a handsome money in few months and then add this money to the saved ones. Hence you would be having a better capital to take a healthy start. Else it will take much hard time to flourish with such low income.

mriansa
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February 17, 2018, 06:51:11 AM
 #56

I would like to attention from experienced traders. I'm going to invest in Bitcoin. What is the best trend? Could you please suggest me what should I do and should not do?

NB: In our country is prohibited for the cryptocurrency.

Your better idea would be highly appreciated.

Many thanks in advance!

for bitcoin investment you should invest for the long term and must have the capital to be able to buy at least 2-5 BTC for now because if you only have less than 2 BTC then the profit you get is definitely very little and not comparable to what you are waiting for for decades.
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February 17, 2018, 06:52:52 AM
 #57

Don't trust in a unknown ICO because you may get scammed and if you're planning to trade keep in mind that you need to keep watching your coins even trading or hodling it.
RechardSmith (OP)
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February 17, 2018, 07:53:29 AM
 #58

Number 1 rule I can give is to avoid pump and dump groups at all costs. The gains are enticing, sure, but there isn't any certainty that you'd be able to get some profits before the whole group dumps on you. Next is avoid following your emotions when executing a trade. Many people have been burned by the recent crash due to poor decisions trigerred by their fear of losing it all in the process. Don't be that guy. Lastly, only invest what you can afford to lose. Crypto investment isn't a sure fire way to give you the millions you've always dreamed of. Those who got their millions on crypto are just extremely lucky to be at the right place at the right time.

Wow! Thanks for your fantastic advice. Yes, sitll I'm learning and analyzing for invest in BTC.
RechardSmith (OP)
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February 17, 2018, 07:57:54 AM
 #59

It is not a speculative coin.
They buy it and keep it for years, for a lot of growth.
If you can spend a lot of money and wait so much, then it will be a good investment.

If not, either forget about it, or try to trade on cheap coins.
And for this you need to be able to read graphics.

Not much only $500 I can invest now and I can hold it for 2/3 years. If I don't have much money then I will not invest in Bitcoin? I'm not clear.
With such amount I don’t think so you will be making a better profit even after 2 or 3 years like you said. I suggest you to save this amount and start working on campaigns. From here you will be able to make a handsome money in few months and then add this money to the saved ones. Hence you would be having a better capital to take a healthy start. Else it will take much hard time to flourish with such low income.



Thanks for helping me.
RechardSmith (OP)
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February 17, 2018, 08:02:11 AM
 #60

I would like to attention from experienced traders. I'm going to invest in Bitcoin. What is the best trend? Could you please suggest me what should I do and should not do?

NB: In our country is prohibited for the cryptocurrency.

Your better idea would be highly appreciated.

Many thanks in advance!

for bitcoin investment you should invest for the long term and must have the capital to be able to buy at least 2-5 BTC for now because if you only have less than 2 BTC then the profit you get is definitely very little and not comparable to what you are waiting for for decades.

What do you mean for the long term, 3 years is not good enough? I'm not clear, please explain me. I need a good idea of crypto investment. Thanks for helping me and waiting for your kind reply.
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