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Author Topic: Before Investing in Cryptocurrencies  (Read 791 times)
boddy.dy
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June 08, 2018, 10:01:06 AM
 #181

Just like in anything you will enter what you importantly need to do is to know what it is all about. Many people now a day just enter immediately to something that they see that are in trend or in a hot topics. Just like the rapid popularity of crypto currencies which were been so popular of giving a lot of profit for its investors. Well everyone wants to get a huge profit but there is no guarantee profit if you don’t know what you are unto. So what i advice is to study hard first before you enter here or to any investment because there are no easy money in this world.

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June 08, 2018, 10:24:16 AM
 #182

Yes your opinion is good and its really helps by other,i have a little advice too,before you invest make sure that you have a research or make a resaerch about their project and team and be active about what they are doing in this case you will know if it have a chance to turn into scam ,and be strickly about chossing some altcoin to invest.

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June 08, 2018, 01:21:35 PM
 #183

Well I guess we're all hoping that at some point this year crypto properly takes off!!

There are a lot of things to consider during investing in bitcoin. You must also set goals so that you can consider when to hold and when to exchange. You must also set limits in order not to lose or earn higher.
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June 08, 2018, 01:26:28 PM
 #184

Always remember that when you invest in cryptocurrencies, there are no assurances that these coins/tokens that you have invested will survive. So always spend for investment that are worthy for you to be lost. If you can't afford $1k worth of investment then dont spend that much. And always keep your coins on offline wallets or hardware wallets.
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June 08, 2018, 01:30:44 PM
 #185

Before investing in cryptocurrencies, you must read a lot before entering the crypto world. You need to contact experts and conduct a thorough research before investing
We should surely increase our knowledge before we go to invest in crypto currency, we need to remain in touch with those who lose and who won, as losers will share about their mistakes that we will not do and earners will share their skills that we will try to learn and apply for our good profit we can explore google in this regard as well.

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June 08, 2018, 01:30:56 PM
 #186

Looking after your post reminds me pretty much about every bit of challenge that I keep facing all the time. Technical difficulties and transparency is what we have all the time that is keeping the balance of everything. However, when we enter the cryptocurrncies we are actually putting ourselves at highest risk but let’s not forget that high risk can give us huge money back too. Many became succeful investors and many more millionaires. That’s what keeping me inside this system and I just love it.

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June 08, 2018, 02:21:30 PM
 #187

6 Things Good and Bad You Should Consider Before Investing in Cryptocurrencies.

1)- Potential returns can be massive.
2)-Inexperienced teams. I mean to say Bad Experience
3)-Liquidity
4)-Technical difficulties
5)-Transparency
6)- Security

I recommend using a cold storage wallet that lets you control your private keys. Your private key is what allows you to access your coin on the blockchain. It's best to keep this key offline and in a secure place.

Investing in cryptocurrencies is very risky. The markets are volatile and the technologies are still quite young. However, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research.

Definitely correct. Being engaged in cryptocurrencies seems to be very risky. The market is very volatile in nature. It is like a seasonal products, there is a bullish and dip market times and moments, but not only the cryptocurrency itself but also mostly all investment industries: Gold/ Minerals, Real Estate, Foreign Exchange, Exotic Cars and etc. One thing is for sure, being a risk-taker entails more profit.

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Serious475
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June 08, 2018, 02:25:20 PM
 #188

6 Things Good and Bad You Should Consider Before Investing in Cryptocurrencies.

1)- Potential returns can be massive.
2)-Inexperienced teams. I mean to say Bad Experience
3)-Liquidity
4)-Technical difficulties
5)-Transparency
6)- Security

I recommend using a cold storage wallet that lets you control your private keys. Your private key is what allows you to access your coin on the blockchain. It's best to keep this key offline and in a secure place.

Investing in cryptocurrencies is very risky. The markets are volatile and the technologies are still quite young. However, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research.

These are some of the few things that you should consider before investing in cryptocurrency. Before investing in cryptocurrency, you must gain knowledge on what cryptocurrency is. After gaining the sufficient knowledge about cryptocurrencies, you can ask different people about their experiences in investing to cryptocurrencies. In that way, you could avoid the risks and reach your goal in investing crypto.

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June 08, 2018, 02:30:03 PM
 #189

6 Things Good and Bad You Should Consider Before Investing in Cryptocurrencies.

1)- Potential returns can be massive.
2)-Inexperienced teams. I mean to say Bad Experience
3)-Liquidity
4)-Technical difficulties
5)-Transparency
6)- Security

I recommend using a cold storage wallet that lets you control your private keys. Your private key is what allows you to access your coin on the blockchain. It's best to keep this key offline and in a secure place.

Investing in cryptocurrencies is very risky. The markets are volatile and the technologies are still quite young. However, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research.
We all know that cryptocurrencyctoday is obviously a really big thing when it come in investment even dough it is not made as an investment instead made as a cryptocurrency or a currencycto be use the demand of these token is really high in the market making it increase and skyrocketed its value in the market but still investing in this cryptocurrency doesnt give you a prpfit as always supply and demand always control the market.
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June 08, 2018, 02:41:12 PM
 #190

6 Things Good and Bad You Should Consider Before Investing in Cryptocurrencies.

1)- Potential returns can be massive.
2)-Inexperienced teams. I mean to say Bad Experience
3)-Liquidity
4)-Technical difficulties
5)-Transparency
6)- Security

I recommend using a cold storage wallet that lets you control your private keys. Your private key is what allows you to access your coin on the blockchain. It's best to keep this key offline and in a secure place.

Investing in cryptocurrencies is very risky. The markets are volatile and the technologies are still quite young. However, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research.
We all know that cryptocurrencyctoday is obviously a really big thing when it come in investment even dough it is not made as an investment instead made as a cryptocurrency or a currencycto be use the demand of these token is really high in the market making it increase and skyrocketed its value in the market but still investing in this cryptocurrency doesnt give you a prpfit as always supply and demand always control the market.
Is would have been better to invest one year ago, two years ago or six years ago. But if you understand the potential of also be found and if your belief in their vision of money, today might be the best day possible to start investing in it.



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June 08, 2018, 02:57:56 PM
 #191

In order to start investing in crypto-currencies, you need to create your investment strategy. Select the amount that you are ready to lose. And strictly follow the strategy and do not panic during the fall

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June 08, 2018, 03:08:28 PM
 #192

Thanks for your information on how to invest in Cryptocurrency, but i have not yet invested on something. This will help me in the future if ever i try to invest in to Cryptos
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June 08, 2018, 03:12:36 PM
 #193

Before investing in cryptocurrency, you must gain knowledge on what cryptocurrency is. After gaining the sufficient knowledge about cryptocurrencies, you can ask different people about their experiences in investing to cryptocurrencies. And there is no way you are getting your coins back once you get hacked or lose them. So take utmost measures to secure your coins once you buy them and always take extra precautions to make sure they are safe. Always remember that when you invest in cryptocurrencies, there are no assurances that these coins/tokens that you have invested will survive.
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June 08, 2018, 04:21:14 PM
 #194

Is would have been better to invest one year ago, two years ago or six years ago. But if you understand the potential of also be found and if your belief in their vision of money, today might be the best day possible to start investing in it.
It's a long-term investment. Well, it depends on each passion. The important thing is we have to understand the risks we will face, let alone the price of cryptocurrency is easy to change, even just because of unproven issues. So, we must have a strong mentality and stance based on the accurate analysis. It's all a process that takes time, enjoy every process. Profit and loss is a lesson.

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June 08, 2018, 05:10:09 PM
 #195

Investing in cryptocurrencies is very risky. The markets are volatile and the technologies are still quite young. However, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research. There are many cryptocurrencies online that are still trusted. Live.edu. Education token is probably one crypto currency that is very much in popular right now because of the benefit it gives to its learners and content creators which is the LEDU TOKEN,  which can be bought sold and trade outside of the ecosystem just like any other cryptos.
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June 08, 2018, 05:15:45 PM
 #196

Cryptocurrency is a tricky market to deal with as it's volatile and highly unpredictable, investing in it needs  proper dedication and good market research to ensure that  you don't get it wrong when it comes to decisions on where to put your money, there are a number of coins but jus a few are worth investing in
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June 08, 2018, 05:28:09 PM
 #197

Good! But it would be great if you can elaborate those points a little bit. As a really new person to this area of cryptos, I really appreciate it!
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June 08, 2018, 05:30:47 PM
 #198

6 Things Good and Bad You Should Consider Before Investing in Cryptocurrencies.

1)- Potential returns can be massive.
2)-Inexperienced teams. I mean to say Bad Experience
3)-Liquidity
4)-Technical difficulties
5)-Transparency
6)- Security

I recommend using a cold storage wallet that lets you control your private keys. Your private key is what allows you to access your coin on the blockchain. It's best to keep this key offline and in a secure place.

Investing in cryptocurrencies is very risky. The markets are volatile and the technologies are still quite young. However, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research.
Nice tips, I would also add "not to invest more than you can afford to lose", during these months I've read stories of people who sold the car or even the house to get money to buy bitcoin, that's craziness...

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Pool of Stake









ICO Starts
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20 July




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MarkDaniel5
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June 08, 2018, 05:49:06 PM
 #199

Well I guess we're all hoping that at some point this year crypto properly takes off!!
rudito
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June 08, 2018, 06:44:41 PM
 #200

6 Things Good and Bad You Should Consider Before Investing in Cryptocurrencies.

1)- Potential returns can be massive.
2)-Inexperienced teams. I mean to say Bad Experience
3)-Liquidity
4)-Technical difficulties
5)-Transparency
6)- Security

I recommend using a cold storage wallet that lets you control your private keys. Your private key is what allows you to access your coin on the blockchain. It's best to keep this key offline and in a secure place.

Investing in cryptocurrencies is very risky. The markets are volatile and the technologies are still quite young. However, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research.

Before investing in crypto, we must prepare ourselves for the risks that exist, because the value of crypto is not stable. Do some research first to make sure the crypto coins we buy are really good.
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