ValerieBTC
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July 13, 2018, 07:02:23 AM |
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I also have no words to recommend you sincerely, but the most important thing you should have is patience, if patience holds you will profit from your pennies.
When you are going to get into something new, you must take it serious and learn from it. First thing one must do is to learn better and get basic knowledge about that thing in which you are going to invest in or trade in. secondly, you must check whether this learning copes with your demands and goals. If the result is positive, only then join that venture and start earning money.
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quichiship
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July 13, 2018, 09:44:04 AM |
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Ensure you invest in project that has a working product, Do not invest base on space hype or ICO review, invest base on your knowledge and understanding about the project, and what they are out to offer in the cryptocurrency space that will ensure they are relevant to the space in order to get the best value for you investment
Yeah it is very important to study the project first because you should know where you are investing. If you don’t know about projects and ICOs and want to invest in cryptocurrency then choose only reliable and authentic coins like bitcoin and Ethereum. You will be mentally relaxed about your investment and if you continue you can make good profits.
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Bountyl
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July 13, 2018, 09:53:02 AM |
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Here everything is simple. If you have the desire and finances, then leave in the cry of the currency only the amount that the damage will be lost, and then calmly say that it was just an experiment and not to regret it. Everyone says about it and there is a fate of truth in this.
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sana54210
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July 14, 2018, 07:14:42 AM |
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Investing in cryptocurrency is a mechanism for building wealth, but it is not only for the wealthy. This is why our community is growing. Anyone can get started investing in crypto, and various options (BTC, ALT Coins, ICO’s) make it easy to begin with small amounts of fiat and add to a build a portfolio. What differentiates investing in crypto from gambling is that it takes time! There is not a get-rich-quick scheme.
The Definition of Investing is, “The act of committing money or capital to a venture with the expectation of obtaining an additional income or profit.” Legendary investor Warren Buffett defines investing as “… the process of laying out money now to receive more money in the future.” The goal of investing is to put your money to work in one or more types of investment vehicles like cryptocurrency, in the hopes of growing your money over time. Remember we invest so we can “work smarter and not harder.” If you are like me, you work hard at your job. It doesn’t matter whether you work for a company or own your own business. We all work long hours which requires sacrifice and adds stress to our lives. Using some of our hard-earned money and investing for our future needs is the best way to make the most of what you earn. Pay yourself first by investing. Investing is also about setting priorities for your money. Spending is way too easy and provides instant gratification. New clothes, exotic vacations, fancy dinners and flashy sportscars are wonderful and make life more enjoyable. However, investing requires prioritizing the needs of our financial futures over the wants of our present desires. Investing in cryptocurrency is a way to set aside money and put that money to work for you so that you can reap the rewards of your discipline in the future. This is how you receive a solid future. There are several different ways you can invest in cryptocurrency, including putting money into coins, tokens, ICO’s, Bounty Campaigns, etc. Every investment vehicle has its positives and negatives. There are no guarantees of making money, but a little work on your part can increase your odds of being successful. Analysis, research and even just plain reading up on crypto can help. No one investing strategy or approach fits all. Every investor has different reasons for investing, different goals, different time horizons and varying degrees of comfort with investing. It’s important to define and articulate your own parameters.
You must set goals. What do you want to achieve for the money that you will be investing? Is safety of your investment with some level of return sufficient? Are you trying to grow your money for a longer-term goal? You will even have different types of investments for different goals. Before you decide to invest any money into cryptocurrency it is imperative that you understand why you are investing and the result that you desire. Goals should never be created in a vacuum. You also need to know your risk tolerance and your time-line as part of the goal-setting process. Risk can mean a lot of things. Investing in cryptocurrency means you have a risk of losing money. Your money invested can decrease in value, possibly to zero. ALL investing involves risk in one way or another. Stocks often can go down in value over periods of time, just like crypto. Do you remember what happened in 2008? The S&P 500 dropped by 37%. This decline in the stock market was one of the worst in history. Severe market corrections are not uncommon, especially in cryptocurrency!
How much of a drop-in value for your investments can you tolerate? Your tolerance of this risk is a function of when you need the money. This is your time horizon. Usually, the younger you are the less thought you give to fluctuations in the value of your investments. This is the volatility of an investment. You should align your investments with your time horizon. How long are you going stay in an investment? Warren Buffett rarely sells a stock he owns and doesn’t get rattled by market fluctuations. This is generally known as a “buy-and-hold” strategy. There are extreme traders who buy and sell cryptocurrency daily. This is fine if you are a professional but is rarely a good strategy for the average investor. I am not saying that you need to hold an investment forever. Things change, and you should analyze your individual holdings on a set schedule to ensure they are still appropriate for your situation.
Some crypto-investment vehicles require sophisticated knowledge and monitoring. Others are more set it and forget it. Your individual investment decisions should be based on your comfort level and your willingness to devote time to researching your choices. An easy route is to choose a variety of cryptocurrencies. A diverse portfolio of BTC, ETH, LTC, and BCH. Crypto investors with more knowledge and experience might consider ICO’s. It is important that you understand what you do know and don’t know. You should never be talked into something that you don’t understand or are uncomfortable with.
As my freindly advice in investing in cryptos just do a certain resaerch first before you decide to choose that coins you buy if it is legit not a scammed. Investment is simple okay; we do not have to take tension about this source as we are on safe place. Always invest in low market of Bitcoin if the Bitcoin is your target and similarly if your target is Ethereum or any other currency then you are to invest and buy in its low markets. This will benefit you and the most important thing is to gain experience first because you can not take too much time in making decisions as we know that market changes with the passage of time.
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TraiKH
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July 14, 2018, 07:37:18 AM |
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If you master the principles of market operation and business. The factors of panic or FUDs will not affect much of the community and the negative effect on the price. The "perception" of investment needs to be clearly defined and specific. In investment or trade, you can not decide on the value created. Do not be satisfied on victory.
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Sled
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July 14, 2018, 11:34:25 AM |
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Investing in cryptocurrency is a mechanism for building wealth, but it is not only for the wealthy. This is why our community is growing. Anyone can get started investing in crypto, and various options (BTC, ALT Coins, ICO’s) make it easy to begin with small amounts of fiat and add to a build a portfolio. What differentiates investing in crypto from gambling is that it takes time! There is not a get-rich-quick scheme.
The Definition of Investing is, “The act of committing money or capital to a venture with the expectation of obtaining an additional income or profit.” Legendary investor Warren Buffett defines investing as “… the process of laying out money now to receive more money in the future.” The goal of investing is to put your money to work in one or more types of investment vehicles like cryptocurrency, in the hopes of growing your money over time. Remember we invest so we can “work smarter and not harder.” If you are like me, you work hard at your job. It doesn’t matter whether you work for a company or own your own business. We all work long hours which requires sacrifice and adds stress to our lives. Using some of our hard-earned money and investing for our future needs is the best way to make the most of what you earn. Pay yourself first by investing. Investing is also about setting priorities for your money. Spending is way too easy and provides instant gratification. New clothes, exotic vacations, fancy dinners and flashy sportscars are wonderful and make life more enjoyable. However, investing requires prioritizing the needs of our financial futures over the wants of our present desires. Investing in cryptocurrency is a way to set aside money and put that money to work for you so that you can reap the rewards of your discipline in the future. This is how you receive a solid future. There are several different ways you can invest in cryptocurrency, including putting money into coins, tokens, ICO’s, Bounty Campaigns, etc. Every investment vehicle has its positives and negatives. There are no guarantees of making money, but a little work on your part can increase your odds of being successful. Analysis, research and even just plain reading up on crypto can help. No one investing strategy or approach fits all. Every investor has different reasons for investing, different goals, different time horizons and varying degrees of comfort with investing. It’s important to define and articulate your own parameters.
You must set goals. What do you want to achieve for the money that you will be investing? Is safety of your investment with some level of return sufficient? Are you trying to grow your money for a longer-term goal? You will even have different types of investments for different goals. Before you decide to invest any money into cryptocurrency it is imperative that you understand why you are investing and the result that you desire. Goals should never be created in a vacuum. You also need to know your risk tolerance and your time-line as part of the goal-setting process. Risk can mean a lot of things. Investing in cryptocurrency means you have a risk of losing money. Your money invested can decrease in value, possibly to zero. ALL investing involves risk in one way or another. Stocks often can go down in value over periods of time, just like crypto. Do you remember what happened in 2008? The S&P 500 dropped by 37%. This decline in the stock market was one of the worst in history. Severe market corrections are not uncommon, especially in cryptocurrency!
How much of a drop-in value for your investments can you tolerate? Your tolerance of this risk is a function of when you need the money. This is your time horizon. Usually, the younger you are the less thought you give to fluctuations in the value of your investments. This is the volatility of an investment. You should align your investments with your time horizon. How long are you going stay in an investment? Warren Buffett rarely sells a stock he owns and doesn’t get rattled by market fluctuations. This is generally known as a “buy-and-hold” strategy. There are extreme traders who buy and sell cryptocurrency daily. This is fine if you are a professional but is rarely a good strategy for the average investor. I am not saying that you need to hold an investment forever. Things change, and you should analyze your individual holdings on a set schedule to ensure they are still appropriate for your situation.
Some crypto-investment vehicles require sophisticated knowledge and monitoring. Others are more set it and forget it. Your individual investment decisions should be based on your comfort level and your willingness to devote time to researching your choices. An easy route is to choose a variety of cryptocurrencies. A diverse portfolio of BTC, ETH, LTC, and BCH. Crypto investors with more knowledge and experience might consider ICO’s. It is important that you understand what you do know and don’t know. You should never be talked into something that you don’t understand or are uncomfortable with.
As my freindly advice in investing in cryptos just do a certain resaerch first before you decide to choose that coins you buy if it is legit not a scammed. Investment is simple okay; we do not have to take tension about this source as we are on safe place. Always invest in low market of Bitcoin if the Bitcoin is your target and similarly if your target is Ethereum or any other currency then you are to invest and buy in its low markets. This will benefit you and the most important thing is to gain experience first because you can not take too much time in making decisions as we know that market changes with the passage of time. If you are pointing out for buying or getting into the coin with the market is in the low price then i agree with that because that is the best entry point for investing since you will get a great chance to make a lot of money when the market goes back to normal and when it start to become uptrend or bullish again.
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automaticmoney
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July 14, 2018, 01:33:11 PM |
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very well written article many useful points clearly mentioned must every crypto trader read this article and understand the important points before investing in crypto currencies
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rickadone
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July 14, 2018, 02:44:39 PM |
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Yes investing in crypto is a pretty well good idea.Those who cant afford to invest in high investment can invest in crypto because it has more lower value of investment and people can invest easily.Through your investment it can also help contribute for the development of a certain community and get more improved technology.But investing in crypto is more risky because there are lots of fraud projects.Thats why it needs more research and studies before investing in crypto.
Yes, it is a very good investment idea but at the same time it comes with a pretty huge risk which you really need to understand those risks so you can do better in terms of decision in this market. Over my years of investing, I have never actually seen an investment as solid and profitable as cryptocurrency and even so easy to invest in despite the volatility as long as you are well informed on how to play your cards well, which in this space, a lot of people do not, all because they just want to hop in without any research and get rich fast. The present time must be a rare and very good opportunity for those who are all looking for comparatively cheaper prices to enter in. I have started to buy some highly established coins on dips. I guess they may make me rich in 2 to 3 years of times.
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valentine401
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July 14, 2018, 02:58:25 PM |
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First of all thanks for your collaboration, Really important article for all Everyone, You did on the point because most of have the same problem when they investing in crypto. Personally, I also got good knowledge , Thanks again ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Investing on cryptocurrency is not that easy because you should be knowledgeable about how the market works and the statistics of the coin you are interested to invest in order for you to earn profit.
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pinkpanther03
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July 14, 2018, 04:18:47 PM |
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Investing in cryptocurrency is a mechanism for building wealth, but it is not only for the wealthy. This is why our community is growing. Anyone can get started investing in crypto, and various options (BTC, ALT Coins, ICO’s) make it easy to begin with small amounts of fiat and add to a build a portfolio. What differentiates investing in crypto from gambling is that it takes time! There is not a get-rich-quick scheme.
The Definition of Investing is, “The act of committing money or capital to a venture with the expectation of obtaining an additional income or profit.” Legendary investor Warren Buffett defines investing as “… the process of laying out money now to receive more money in the future.” The goal of investing is to put your money to work in one or more types of investment vehicles like cryptocurrency, in the hopes of growing your money over time. Remember we invest so we can “work smarter and not harder.” If you are like me, you work hard at your job. It doesn’t matter whether you work for a company or own your own business. We all work long hours which requires sacrifice and adds stress to our lives. Using some of our hard-earned money and investing for our future needs is the best way to make the most of what you earn. Pay yourself first by investing. Investing is also about setting priorities for your money. Spending is way too easy and provides instant gratification. New clothes, exotic vacations, fancy dinners and flashy sportscars are wonderful and make life more enjoyable. However, investing requires prioritizing the needs of our financial futures over the wants of our present desires. Investing in cryptocurrency is a way to set aside money and put that money to work for you so that you can reap the rewards of your discipline in the future. This is how you receive a solid future. There are several different ways you can invest in cryptocurrency, including putting money into coins, tokens, ICO’s, Bounty Campaigns, etc. Every investment vehicle has its positives and negatives. There are no guarantees of making money, but a little work on your part can increase your odds of being successful. Analysis, research and even just plain reading up on crypto can help. No one investing strategy or approach fits all. Every investor has different reasons for investing, different goals, different time horizons and varying degrees of comfort with investing. It’s important to define and articulate your own parameters.
You must set goals. What do you want to achieve for the money that you will be investing? Is safety of your investment with some level of return sufficient? Are you trying to grow your money for a longer-term goal? You will even have different types of investments for different goals. Before you decide to invest any money into cryptocurrency it is imperative that you understand why you are investing and the result that you desire. Goals should never be created in a vacuum. You also need to know your risk tolerance and your time-line as part of the goal-setting process. Risk can mean a lot of things. Investing in cryptocurrency means you have a risk of losing money. Your money invested can decrease in value, possibly to zero. ALL investing involves risk in one way or another. Stocks often can go down in value over periods of time, just like crypto. Do you remember what happened in 2008? The S&P 500 dropped by 37%. This decline in the stock market was one of the worst in history. Severe market corrections are not uncommon, especially in cryptocurrency!
How much of a drop-in value for your investments can you tolerate? Your tolerance of this risk is a function of when you need the money. This is your time horizon. Usually, the younger you are the less thought you give to fluctuations in the value of your investments. This is the volatility of an investment. You should align your investments with your time horizon. How long are you going stay in an investment? Warren Buffett rarely sells a stock he owns and doesn’t get rattled by market fluctuations. This is generally known as a “buy-and-hold” strategy. There are extreme traders who buy and sell cryptocurrency daily. This is fine if you are a professional but is rarely a good strategy for the average investor. I am not saying that you need to hold an investment forever. Things change, and you should analyze your individual holdings on a set schedule to ensure they are still appropriate for your situation.
Some crypto-investment vehicles require sophisticated knowledge and monitoring. Others are more set it and forget it. Your individual investment decisions should be based on your comfort level and your willingness to devote time to researching your choices. An easy route is to choose a variety of cryptocurrencies. A diverse portfolio of BTC, ETH, LTC, and BCH. Crypto investors with more knowledge and experience might consider ICO’s. It is important that you understand what you do know and don’t know. You should never be talked into something that you don’t understand or are uncomfortable with.
This is a very good tips to anyone here in the forum pal, some of your statement of advise was really quite good and I'm impressed so much about what you did. I will take note and save this this in terms of investing in crypto. God bless you ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Shiversnow
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July 14, 2018, 05:02:01 PM |
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Investing in cryptocurrency is a mechanism for building wealth, but it is not only for the wealthy. This is why our community is growing. Anyone can get started investing in crypto, and various options (BTC, ALT Coins, ICO’s) make it easy to begin with small amounts of fiat and add to a build a portfolio. What differentiates investing in crypto from gambling is that it takes time! There is not a get-rich-quick scheme.
The Definition of Investing is, “The act of committing money or capital to a venture with the expectation of obtaining an additional income or profit.” Legendary investor Warren Buffett defines investing as “… the process of laying out money now to receive more money in the future.” The goal of investing is to put your money to work in one or more types of investment vehicles like cryptocurrency, in the hopes of growing your money over time. Remember we invest so we can “work smarter and not harder.” If you are like me, you work hard at your job. It doesn’t matter whether you work for a company or own your own business. We all work long hours which requires sacrifice and adds stress to our lives. Using some of our hard-earned money and investing for our future needs is the best way to make the most of what you earn. Pay yourself first by investing. Investing is also about setting priorities for your money. Spending is way too easy and provides instant gratification. New clothes, exotic vacations, fancy dinners and flashy sportscars are wonderful and make life more enjoyable. However, investing requires prioritizing the needs of our financial futures over the wants of our present desires. Investing in cryptocurrency is a way to set aside money and put that money to work for you so that you can reap the rewards of your discipline in the future. This is how you receive a solid future. There are several different ways you can invest in cryptocurrency, including putting money into coins, tokens, ICO’s, Bounty Campaigns, etc. Every investment vehicle has its positives and negatives. There are no guarantees of making money, but a little work on your part can increase your odds of being successful. Analysis, research and even just plain reading up on crypto can help. No one investing strategy or approach fits all. Every investor has different reasons for investing, different goals, different time horizons and varying degrees of comfort with investing. It’s important to define and articulate your own parameters.
You must set goals. What do you want to achieve for the money that you will be investing? Is safety of your investment with some level of return sufficient? Are you trying to grow your money for a longer-term goal? You will even have different types of investments for different goals. Before you decide to invest any money into cryptocurrency it is imperative that you understand why you are investing and the result that you desire. Goals should never be created in a vacuum. You also need to know your risk tolerance and your time-line as part of the goal-setting process. Risk can mean a lot of things. Investing in cryptocurrency means you have a risk of losing money. Your money invested can decrease in value, possibly to zero. ALL investing involves risk in one way or another. Stocks often can go down in value over periods of time, just like crypto. Do you remember what happened in 2008? The S&P 500 dropped by 37%. This decline in the stock market was one of the worst in history. Severe market corrections are not uncommon, especially in cryptocurrency!
How much of a drop-in value for your investments can you tolerate? Your tolerance of this risk is a function of when you need the money. This is your time horizon. Usually, the younger you are the less thought you give to fluctuations in the value of your investments. This is the volatility of an investment. You should align your investments with your time horizon. How long are you going stay in an investment? Warren Buffett rarely sells a stock he owns and doesn’t get rattled by market fluctuations. This is generally known as a “buy-and-hold” strategy. There are extreme traders who buy and sell cryptocurrency daily. This is fine if you are a professional but is rarely a good strategy for the average investor. I am not saying that you need to hold an investment forever. Things change, and you should analyze your individual holdings on a set schedule to ensure they are still appropriate for your situation.
Some crypto-investment vehicles require sophisticated knowledge and monitoring. Others are more set it and forget it. Your individual investment decisions should be based on your comfort level and your willingness to devote time to researching your choices. An easy route is to choose a variety of cryptocurrencies. A diverse portfolio of BTC, ETH, LTC, and BCH. Crypto investors with more knowledge and experience might consider ICO’s. It is important that you understand what you do know and don’t know. You should never be talked into something that you don’t understand or are uncomfortable with.
This information will really help all newbie on cryptocurrencies. This advice will help them on how they will start on investing and how they can make income from investing on cryptocurrencies. Furthermore, I suggest you should have enough knowledge about cryptocurrencies before you start on investing.
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shackleford
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July 14, 2018, 05:33:14 PM |
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Investing in cryptocurrency is a mechanism for building wealth, but it is not only for the wealthy. This is why our community is growing. Anyone can get started investing in crypto, and various options (BTC, ALT Coins, ICO’s) make it easy to begin with small amounts of fiat and add to a build a portfolio. What differentiates investing in crypto from gambling is that it takes time! There is not a get-rich-quick scheme.
The Definition of Investing is, “The act of committing money or capital to a venture with the expectation of obtaining an additional income or profit.” Legendary investor Warren Buffett defines investing as “… the process of laying out money now to receive more money in the future.” The goal of investing is to put your money to work in one or more types of investment vehicles like cryptocurrency, in the hopes of growing your money over time. Remember we invest so we can “work smarter and not harder.” If you are like me, you work hard at your job. It doesn’t matter whether you work for a company or own your own business. We all work long hours which requires sacrifice and adds stress to our lives. Using some of our hard-earned money and investing for our future needs is the best way to make the most of what you earn. Pay yourself first by investing. Investing is also about setting priorities for your money. Spending is way too easy and provides instant gratification. New clothes, exotic vacations, fancy dinners and flashy sportscars are wonderful and make life more enjoyable. However, investing requires prioritizing the needs of our financial futures over the wants of our present desires. Investing in cryptocurrency is a way to set aside money and put that money to work for you so that you can reap the rewards of your discipline in the future. This is how you receive a solid future. There are several different ways you can invest in cryptocurrency, including putting money into coins, tokens, ICO’s, Bounty Campaigns, etc. Every investment vehicle has its positives and negatives. There are no guarantees of making money, but a little work on your part can increase your odds of being successful. Analysis, research and even just plain reading up on crypto can help. No one investing strategy or approach fits all. Every investor has different reasons for investing, different goals, different time horizons and varying degrees of comfort with investing. It’s important to define and articulate your own parameters.
You must set goals. What do you want to achieve for the money that you will be investing? Is safety of your investment with some level of return sufficient? Are you trying to grow your money for a longer-term goal? You will even have different types of investments for different goals. Before you decide to invest any money into cryptocurrency it is imperative that you understand why you are investing and the result that you desire. Goals should never be created in a vacuum. You also need to know your risk tolerance and your time-line as part of the goal-setting process. Risk can mean a lot of things. Investing in cryptocurrency means you have a risk of losing money. Your money invested can decrease in value, possibly to zero. ALL investing involves risk in one way or another. Stocks often can go down in value over periods of time, just like crypto. Do you remember what happened in 2008? The S&P 500 dropped by 37%. This decline in the stock market was one of the worst in history. Severe market corrections are not uncommon, especially in cryptocurrency!
How much of a drop-in value for your investments can you tolerate? Your tolerance of this risk is a function of when you need the money. This is your time horizon. Usually, the younger you are the less thought you give to fluctuations in the value of your investments. This is the volatility of an investment. You should align your investments with your time horizon. How long are you going stay in an investment? Warren Buffett rarely sells a stock he owns and doesn’t get rattled by market fluctuations. This is generally known as a “buy-and-hold” strategy. There are extreme traders who buy and sell cryptocurrency daily. This is fine if you are a professional but is rarely a good strategy for the average investor. I am not saying that you need to hold an investment forever. Things change, and you should analyze your individual holdings on a set schedule to ensure they are still appropriate for your situation.
Some crypto-investment vehicles require sophisticated knowledge and monitoring. Others are more set it and forget it. Your individual investment decisions should be based on your comfort level and your willingness to devote time to researching your choices. An easy route is to choose a variety of cryptocurrencies. A diverse portfolio of BTC, ETH, LTC, and BCH. Crypto investors with more knowledge and experience might consider ICO’s. It is important that you understand what you do know and don’t know. You should never be talked into something that you don’t understand or are uncomfortable with.
A great article that deserves the merites you've received. Indeed, the topic of cryptocurrency never ceases to amaze with its capabilities. Anyone can invest their money, no matter what their class and status. Absolutely anyone.
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charlzyeby
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July 14, 2018, 05:45:28 PM |
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My advice is if you want to take buy coins with low market cap if you want a stable price movement as compared to low market cap coins buy coins in top 10. if you will believe in crypto. ETH will never fail you. just my opinion
It's not bad to buy a coin with a relatively high market cap. But have you considered the fact that good projects are not exhaustive? There are some very good projects with good teams who are working their way unto the top. Some of these projects have real world use and since blockchain technology and cryptocurrencies are still too young, adoption of these kind of projects are going to be massive with a lot of profit in the long run.
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JohnWick_Bitcoin
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July 14, 2018, 07:45:39 PM |
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First of all thanks for your collaboration, Really important article for all Everyone, You did on the point because most of have the same problem when they investing in crypto. Personally, I also got good knowledge , Thanks again ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) There is only one advice in cryptocurrency, you must be knowledgeable in every investment that you will be making like trading or choosing a coin that you like to hold for a very long time.
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Jlv
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The Future Of Work
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July 14, 2018, 11:46:11 PM |
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Well that is a very good advice for all of us who wanted to invest in crypto, normally before we invest of course we have to take a look what kind of project are we going into to put our money and we need to consider if this would be last for long period of time and if we will gonna earned in this kind of project, there are many things to consider before we invest but the important thing is we have learnings and knowledge before putting our money into any investment.
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Dillnoon
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July 15, 2018, 12:59:21 AM |
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Well that is a very good advice for all of us who wanted to invest in crypto, normally before we invest of course we have to take a look what kind of project are we going into to put our money and we need to consider if this would be last for long period of time and if we will gonna earned in this kind of project, there are many things to consider before we invest but the important thing is we have learnings and knowledge before putting our money into any investment.
You are very right. Before entering any market, we should definitely consider taking into consideration the project. Then came the new statement then concluded. Make sure you have the knowledge and experience to meet the market.
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mandro
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July 15, 2018, 01:04:45 AM |
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For me it is a dumb thing to enter a market and start to trade without knowing a structural things about how it actualy operates, so patience and researches!
Even the most patient, knowledgeable and intelligent person in the world might go wrong with cryptocurrency. Sometimes no amount of technical knowledge can help you to predict some of the market shifts - most ICO trading is like this. Every ICO is promising amazing gains and ROI - in the past, even some highly famous project turned out to be 'not that good' (to say lightly). I fully agree with this statement. In my opinion, you should start learning about crypto, visiting reliable sources and start your experience. Learn by doing is probably the very best option available, important is not to gamble too much with speculation. experience is one of the best teacher we could have. i support your idea that even the most knowledgeable and patient person in this world might commit mistakes in this field. although we are pretty sure that we risk money for this, there is no guarantee what will happen next in the market, so the best way to know is to try it. Sure. When entering this market. It is imperative to thoroughly prepare, prepare and document, relevant to this market, then learn who is successful. Then consider carefully to make conclusions. Intelligent in this market investment.
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boddy.dy
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July 15, 2018, 02:24:35 AM |
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My advice to those people who want to enter or invest in crypto is very simple and basic. For me the most important thing that a investor must have is the sense of patience, trust, loyal and faith. This is more on emotional control because for me this is very essential and meaningful. Even in other investments this is applicable because if you don't have this key indicators surely if your investment swings you will be carried away and by that you will do panic action and decision which can lead to your failure in that investment.
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coinplus
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July 15, 2018, 08:22:00 AM |
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Overall it's a great advice for investing purpose but if we talk about crypto trading, it's far more risky than ordinary trading ( stock exchange ) As we know bitcoin value can change almost 50% in a week that will make whale trader gone crazy because they are experience major loss !
Since I've commit myself to be a pure investor, I try to stay calm and stay hold no matter what will happen on bitcoin
You right. bitcoin investment is different from other investment. fluctuation in bitcoin market is very high. and to become a bitcoin investor. You must have patience and not panic easily. because whenever the price can go down very deep and drive you crazy Totally different from any other investment and generally if we are talking about crypto, it is a lot to take in at once due to the volatility of the space and how things can pretty go very fast. Nevertheless, the thing investors should always know is that with great understanding, you will always get to do well in the long run as your thinking at the moment will definitely affect your long term decisions which are why it is necessary to equip yourself with all the knowledge to always help you make good decisions.
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