My Advice on Investing in Crypto

[Interrobangz67]

This could also apply to stock and forex investing/trading. We first need to understand what we are getting ourselves into before we actually place our bets. 

[bosshyip]

Invest in crypto is good because crypto will grow in the future. Many transactions will coming up use crypto.
Invest crypto hold for long term at least 5-10 years to earn some more profit. Learn for market is important thing to know the graphic of crypto.

yes,Sir.Your advice very Good.Crypto market now down People invest crypto currency it's great time.Some year Hold and 10x you returns.

[kolbalish]

Right decision of investing in crypto.The interesting thing about the crypto world is that many profits in low investment.Because everyone understands profits and is getting less investment.After all when prices are low,my advice will be to invest in crypt

[ubitcoin]

Invest in crypto is good because crypto will grow in the future. Many transactions will coming up use crypto.
Invest crypto hold for long term at least 5-10 years to earn some more profit. Learn for market is important thing to know the graphic of crypto.

Virtual currencies is the future of the world just like smart homes and cities are the future of the societies. Virtual currencies are mandatory for making us feel living in a global village. People are in favor of using one currency along with their own national currencies for making travelling easy to other countries. Those who are investing into crypto currencies will be the new millionaires in coming decade.

[Cosbycoin]

Investing our money in cryptocurrency is profitable as long we can hold it. If we want to make short investment, we should have knowledge about technical analysis but i am prefer to holding and treat it as long term investment.

yes longterm investment is best for high profit. but you should hold it in secure wallet from scammer and don't share the password with other peoples. because their are alot of scammer want scam money from peoples

Security is dependent on the person who is holding bitcoin.If we talk about the bitcoin and blockchain technology, these really are secure but in the cyber world, the weakest links are humans. Scammers are not expert at breaking into the system, they are expert at fooling people around and getting credentials out of their mouth without compelling them. With little care, such threats can be avoided.

[Quraline]

For many investors who started investing this year, cryptocurrencies have become a tool to create poverty, not wealth.

[KorakPawon]

I do not think I need to rush to invest in a particular crypto, the most important is to learn well, recognize the developer, the system, and also the technology, because I do not think we should invest into something that we have not really known. So digging as much information as possible and accurately is probably the most important key I personally think.

[coinfinger]

Invest in crypto is good because crypto will grow in the future. Many transactions will coming up use crypto.
Invest crypto hold for long term at least 5-10 years to earn some more profit. Learn for market is important thing to know the graphic of crypto.

A person invested in 2013 and sold his Bitcoins in 2017 earned a lot from his investment made him billionaire that gives us an example to choose Bitcoin for long term investment will result in a huge outcome. Besides this one example there are a lot of examples that encourages us and attracts us to come to the crypto world and especially towards Bitcoin.

[Elseye]

The most valuable thing you should have before investing - patience, it decides a lot because sometimes we should overcome our greed.

[josephob12]

This is a useful article. The new investors need to read and build some plans for themself when starting to invest

[DmitriyBorisov91]

Impressie post. The main advices for all beginners - don't use all your money and don't take a credits. You should invest not more than you afraid to lost.

[pankowri]

Investing in crypto can be as great as it happens overnight,as well as if there is a lose,then it'll have to go by the way.I'm talking about Btc in all cryptos.The price of Btc is now less,so invested in the right time.

[Cakalasia]

Not all are good to invest in ICO because other Crypto from the ICO are going down and stay in the lower value.
For me it's better to invest in bitcoin and other altcoins that had a great potential and hold it for long term.

[futurelab]

Why Invest in Cryptocurrencies And Why Not?

In my opinion there're some major good reasons to invest in cryptocurrencies. First, because you want to hedge your net-worth against the fall of the Dollar imperium, which is assumed by many people to inevitably happen at some time. Second, because you support the social vision behind cryptocurrencies – that of a free and hard money for the whole world. Third, because you understand and like a new technology.

However, there are also very bad reasons to invest in cryptocurrencies. Many people fall victim to the hype surrounding every cryptocurrency-bubble. There is always somebody captured by FOMO (fear of missing out), buying massively in at the peak of a bubble, just in hope to make quick money, while not understanding cryptocurrencies at all. That’s a bad reason. Don’t do this. Learn before you invest and be aware that cryptocurrencies can be very risky.

What Cryptocurrencies Should I buy? Building your Portfolio.

The former only crypto has been Bitcoin. Up until late 2016 Bitcoin was the cryptocurrency, and there was not much besides it. If you wanted to invest in the success of cryptocurrencies, you bought Bitcoin. Period. Other cryptocurrencies – called “Altcoins” – have just been penny stocks on shady online-markets, mostly used to keep miner’s GPUs working, pump the price and dump the coins.

However, this has changed. While Bitcoin is still the dominant cryptocurrency, in 2017 it’s share of the whole crypto-market has rapidly fallen from 90 to around 40 percent. Many people saw this coming as a result of the growing popularity of Ethereum and the ongoing self-tearing of the Bitcoin community over the block size issue. This again shows that it is important to keep your eyes open and listen to what the communities say.

If you want to invest in cryptocurrencies, Bitcoin is still a standard item of every portfolio – but it is no longer the onliest asset. In every well-balanced crypto-portfolio today you should have 7-10 cryptos to Reduce Risk.


   

[filtyfrank251]

My advice when investing in the cryptocurrency market is that you have to find out thoroughly about the project you want to invest. Do you have to predict that the project has potential in the future? Or what team has developed that project (such as the origin of the founding team), .. You learn as many aspects as possible. These are the criteria that will help you succeed.

[davinchi]

The most valuable thing you should have before investing - patience, it decides a lot because sometimes we should overcome our greed.

Most especially when you are investing long term. I would say the best thing to do is always to have patience and never to get greedy just as you have said it. If we take a good example of what happened last year, that should not have been warranted, but due to the fact that some people fell for the FOMO out of greed, they are wallowing in self-pity now.

For the fact that some due to the reason of they could not even understand their investment, they instead panicked and sold out at loss, or feel they are doomed already. It is a long term investment and I wonder why people are looking at the short term.

[Thanasis]

Simply never invest more than you can afford to lose because there no guaranteed return in the crypto currency field but some people are lending the money and invest it on crypto these things they never have to do because the chance of olosing your investment is high for instance if we lose then how can we payback our money it may ruin our future completely.

[fritzbird]

Well said, I agree with everything the author of this thread has written. I definitely
agree with that part that said about risks. There are no instant guarantees in
success in cryptocurrencies, if there is it's a rare case. But the point is before and
after getting into crypto, a lot of work is still gonna be done. Monitoring is quite
an essential step to insure or give emphasis of the investments you plan to purchase
and when to sell to profit.

[DrYe5]

Investing in crypto can be as great as it happens overnight,as well as if there is a lose,then it'll have to go by the way.I'm talking about Btc in all cryptos.The price of Btc is now less,so invested in the right time.

There is a significant upside to investing in cryptocurrency. That is, the cryptocurrency market is still young, and the most optimistic of investors are projecting future prices that would make buying any of the major cryptocurrencies a good bet.

[futurelab]

Simply never invest more than you can afford to lose because there no guaranteed return in the crypto currency field but some people are lending the money and invest it on crypto these things they never have to do because the chance of olosing your investment is high for instance if we lose then how can we payback our money it may ruin our future completely.

this is a big issue. When the real Finance world will join the market, i am sure rules and things will change. Most in worst, but regarding capital protection, things will get better and better.